Digital Asset Management Digital Payments

Mobilum Technologies Enters Service Agreement with ZEN.COM for Virtual IBAN Accounts

Mobilum Technologies Enters Service Agreement with ZEN.COM for Virtual IBAN Accounts

Mobilum Technologies Inc., a technology-driven company making digital assets and cryptocurrencies accessible through traditional finance and payment infrastructure, and the first solution provider of Fiat-to-Dex Tokens rails, is pleased to announce that it has signed a service agreement with ZEN.COM to provide Mobilum’s customers with a dedicated virtual International Bank Account (IBAN).

ZEN.COM is an international fintech company, with an e-money license issued by the central bank of Lithuania, which provides financial services in 31 European countries. ZEN.COM offers a comprehensive suite of digital products and services, such as a payment card, multi-currency IBAN account, online payment platform, as well as associated unique benefits and additional customer protection. ZEN.COM has also earned the trust of leading payment institutions and is a direct partner of many payment organizations, such as Mastercard, VISA, American Express, and Union Pay. In cooperation with global and local payment methods, Zen strives to meet the most demanding expectations of users.

Latest Fintech News: Opera Crypto Browser Integrates BNB Chain and Unlocks Access to Its Ecosystem of dApps

Through this service agreement, ZEN.COM will provide Mobilum with the Euro backend and fulfilment infrastructure to Mobilum’s settlement accounts whereby Mobilum can now provide virtual IBAN accounts enabling its clients to transfer funds and remit crypto transactions via SEPA transfer.

“We are very excited to be moving forward with the agreement with ZEN.COM and having the ability to provide dedicated bank accounts to digital asset companies and digital asset users worldwide,” said Mobilum Technologies CEO Steven LaBella.

Latest Fintech News: OLB Group Formulates eCommerce Fintech Services and Cryptocurrency Plans for 2022

“We are extremely delighted to start cooperation with Mobilium that enables us to build the bridge between the world of digital and traditional assets. Thanks to the partnership, ZEN’s embedded financial infrastructure gives Mobilum the opportunity to offer their clients virtual IBANs for withdrawing and receiving fiat currency via SEPA. The payment-on-behalf and collection-on-behalf make payments processing simpler and faster, while fraud and reconciliation errors are significantly reduced,” remarks Chief Commercial Officer at ZEN.COM, Michał Bogusławski.”

Latest Fintech News: Things Speed Up for Mancheser Fintech Payful Following Accelerator Selection

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

40Seas Launches AI-powered Accounts Receivable Platform For Global Trade

PR Newswire

Pidgin Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud

Business Wire

Prager Metis Opens First-Ever CPA Firm in the Metaverse

Fintech News Desk
1