8.6 C
New York
Sunday, November 27, 2022
Home Fintechs UK startup Dzing launches digital payment app

UK startup Dzing launches digital payment app

Dzing is a London based and fairly new digital money and payment institution.

Now it has announced the launch of its new mobile payment app to allow international students, remote freelancers, overseas workers, and travelers, conduct financial services from their smart devices at high speed.

Dzing was founded in 2018, and it describes itself as a digital account created for the modern lifestyle. The startup offers accounts in multiple currencies, international transfers, and its Mastercard partner cards.

Read also: ICICI Bank launches WhatsApp banking services

The app is available Android and iOS and it will offer its users “a simple, seamless process for transferring funds across borders in the UK and Europe”.

Dzing aimed to fill a gap in the market, it will combine the customer-centric nature of a traditional financial service institution with the innovation of a tech-savvy challenger, to meet the demands of the niche digitized customer profile.

Max Kharchenko, Interim CEO & Chief Product Officer, said: “We at Dzing are convinced that consumers deserve a financial services partner that evolves with them and anticipates their needs at every stage of life.”

Max Kharchenko, Dzing CEO

Kharchenko continued: “We’ve combined the long-term savings uses of a traditional bank with the flexibility of a challenger bank, to support a truly modern way of living.”

Since its start, the start up has opened 2 new offices in preparation for the launch and is prepared to make a number of new hires.

It has also raised significant funding from an original seed investor at the start of its journey, so Dzing is getting ready to expand further with the help of additional funding before the end of 2020.

Source: https://www.finextra.com/newsarticle/35546/london-startup-dzing-launches-multi-currency-payments-app https://www.businesswire.com/news/home/20200331005059/en/Dzing-Announces-Launch-New-Banking-App https://medium.com/dzing-finance/dzing-announces-launch-of-its-new-digital-payment-app-dc9e09ae332e

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

N26 study shows Spain has the highest savings ratio in Europe

N26 has recently analyzed the data of over 380,000 consumers in the main five European markets (Spain, Germany, Austria, France, and Italy), with the aim of discovering the saving and spending trends in 2022.

The UK Startup Atoa Payments has raised $2.2 million in a pre-seed funding round

Recently, the UK startup Atoa Payments has raised $2.2 million in a pre-seed funding round.  The interest in the...

Only 60% of fintechs are product-led according to a recent survey of 100 fintech product specialists

A recent global survey of 100 fintech product specialists from fintech brands like Wise, AMEX, and more, revealed that whilst 90% of fintechs have dedicated product teams, only 60% of them are considered to be product-led. 

INNOVATION IN THE WORLD OF CREDIT CARS

It’s a well-known fact, banks that do digital transformation get more clients. Sella decided to join the number of innovators and launched...