General Information
Industries
Financial Services, Banking
Funding Stage
Series Unknown
Product Stage
-
Business Model
-
Company Overview
Founded
2018
Employees
160
Location
, United Arab Emirates
Website
Zand - Company Details
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.