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Zand logo — company profile

Zand

Founded 2018 United Arab Emirates United Arab Emirates 160 employees Series Unknown Financial Services, Banking

General Information

Company Name Zand
Founded Year 2018
Location United Arab Emirates United Arab Emirates +1
Employees 160
Industries Financial Services, Banking
Funding Stage Series Unknown
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About Zand

Zand is a groundbreaking digital bank that obtained its license from the Central Bank of the UAE. Established in 2018, it specializes in Corporate Banking, Fintech, and the digital space. What sets Zand apart is its focus on fostering the digital economy through innovative banking services. By offering fully digital solutions, Zand aims to streamline and simplify banking processes while empowering customers to take control of their financial lives. This approach aligns with its commitment to supporting ecosystems and communities of businesses, enabling the introduction of products and services not conventionally available. The recent Venture Round investment on 15 February 2022 garnered significant interest from a diverse group of investors including Franklin Templeton, Al Hail Holding, Global Development Group, AL Sayyah & Sons Investment, Zand Bank, Aditya Birla Group, and Yusuff Ali M.A. This influx of investment speaks to the confidence and excitement surrounding Zand's unique position in the market and its potential to drive digital innovation, making it a compelling prospect for venture capitalists.

Taxonomy: Digital Banking, Corporate Banking, Mobile Banking, UAE Central Bank, Digital Economy, Digital Services, Financial Technology, Economic Accelerator, Ecosystems, Business Communities, Innovative Banking, Customer Control, Financial Tools, Fully Digital Offerings

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 7
Investor Investor Investor
•••• •••• 		15 Feb 2022

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FAQ About Zand

Zand is the first fully licensed all-digital bank in the United Arab Emirates, founded to support the digital economy and bridge the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi). Our mission is to revolutionize the world of finance by leveraging AI, Blockchain Technolog...
Zand was founded in 2018.
Zand is headquartered in United Arab Emirates.
Zand operates in the following industries: Financial Services, Banking.
Zand has approximately 160 employees.
Zand has completed 1 funding round. The latest funding stage is Series Unknown.
Top alternatives and competitors to Zand include OneLocal Bank, Bank Aladin Syariah, BENYSTA, LINE Bank, Tryllian Bank Corporation. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Zand and OneLocal Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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