Zenus Bank Picks up New Investment
US digital challenger Zenus Bank has secured additional funding from a clutch of new backers, including investment firm, Three Thousand Capital. The news was shared by Zenus board member, Michael Peen who did not provide further details about the investment amount.
Zenus Bank, which has recently become a principal member of Visa, makes it easy to access, send, receive and store money in the US from anywhere in the world without requiring US residency. This should resolve the local residency requirements that top-tier banks have in accepting foreign clients, as it also has an international banking licence.