Who We Are
Zenbanx was started on the premise that your money is not as free or global as you are.
Zenbanx was built for citizens of the world—those who live, travel, and work in multiple currencies. You find them at airports, on the move, creating a world without borders. You find them right next door, in our neighborhoods, creating futures for themselves and a richer culture for the rest of us. You might even find one in the mirror. Most of us, when we think about it, have connections all over the planet. We don’t live inside the lines on maps.
Zenbanx is the culmination of years of observing and experiencing the frustrations that citizens faced when funding bank accounts, sending money to their home country or accessing their foreign currencies. People travel freely, money less so. Mobile technology has unleashed limitless potential for business, but banking and money movement have lagged. Isn’t it time for money to be set free too?
Arkadi Kuhlmann, creator of the ING Direct savings revolution in Canada and the United States, founded Zenbanx in 2012. Zenbanx is backed by significant investor funding and co-founded by seasoned executives from the banking, foreign exchange and financial technology industries. Incorporated in Delaware, Zenbanx has offices in Wilmington, Delaware; Menlo Park, California; and Toronto, Canada.
Zenbanx Accounts in Canada are offered by DUCA Financial Services Credit Union Ltd., a credit union that has been providing financial services to its members since 1954. All Zenbanx Account holders become DUCA members when they open their multi-currency account.
Zenbanx Accounts in the U.S. are offered through WSFS Financial Corporation. WSFS Financial Corporation is a multi-billion dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest, locally-managed bank and trust company headquartered in Delaware and the Delaware Valley. As of March 31, 2016, WSFS Financial Corporation had $5.7 billion in assets on its balance sheet and $13.1 billion in fiduciary assets, including approximately $1.2 billion in assets under management. As of March 31, 2016, WSFS operates from 63 offices located in Delaware (44), Pennsylvania (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Christiana Trust, WSFS Wealth Investments, Cypress Capital Management, LLC, Cash Connect®, WSFS Mortgage and Arrow Land Transfer. Serving the Delaware Valley since 1832, WSFS Bank is the seventh oldest bank in the United States continuously operating under the same name. For more information, please visit wsfsbank.com.