ZEN

A "zero effort nonbank"

Key Data

  • Trading Name: ZEN
  • Legal Entities: UAB ZEN.COM, Zen-UK Limited
  • Activities: e-Money Institution
  • Location: Lithuania, United Kingdom
  • Regulations: EMI in Lithuania and UK
  • Key People: Dawid Rożek

ZEN (zen.com) is a payment model launched in November 2020. By taking a new approach to online commerce and paying for purchases, it aims to support both merchants and consumers.

The payment processor holds an e-money license under the supervision of the Central Bank of Lithuania, and the European Banking Authority has approved the company’s operations throughout the European Economic Area (EEA).

The fintech is partners with numerous payment organizations such as Mastercard, VISA, American Express, and Union Pay, and cooperates with global and local payment methods.

The company was founded by Dawid Rożek.

Offering

ZEN offers payment gateways, debit cards, personal and business IBAN accounts to individuals, companies, and online merchants.

Review

On Trustpilot, the company doesn’t score very well with an average rating of 4,3 Star and  ‎1.332 Reviews.

Conclusion

We rate the company on Green.

 

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Jurisdiction

Lithuania

Legal Entities

UAB ZEN.COM
Zen-UK Limited

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