Startups

Mobile, multi-currency banking provider brings 150 jobs to Delaware

Zenbanx launched this week and opened up shop in Claymont.

This is what the app will look like on your phone. (Photo courtesy of Zenbanx)

If you’ve been down about the DowDupont merger’s probable ill effects on Delawareans, here’s a little bit of happy news: Zenbanx just came to town, and it’s bringing 150 jobs with it.
The financial technology provider, founded by former ING Direct CEO Arkadi Kuhlmann, will allow users to hold mobile accounts of money in up to five currencies. The company was launched in partnership with Delaware’s WSFS Bank.
“I started Zenbanx because I experienced the pain of trying to move money across borders,” Kuhlmann said in a release.
Zenbanx supports nine currencies:

  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Euro (EUR)
  • British Pound (GBP)
  • Hong Kong Dollar (HKD)
  • Indian Rupee (INR)
  • Japanese Yen (JPY)
  • Singapore Dollar (SGD)
  • U.S. Dollar (USD)

In addition to holding multiple currencies in one account, users will also be able to exchange currencies and, when transferring money to family and friends, add an in-app themed visual message or photo.
The new operations center, which will be home to all those new jobs in the next few years, is in Claymont at 650 Naamans Rd.
Delaware’s leading politicians, including Gov. Jack Markell and U.S. Sen. Chris Coons (D-Del.), expressed their pleasure about Zenbanx’s launch and move to the state.
U.S. Sen. Tom Carper (D-Del) also weighed in: “Zenbanx demonstrates that Delaware’s skilled and talented workforce make it the perfect incubator for entrepreneurship, innovation and job creation.”

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