Kanzum is a global B2B payments platform that enables borderless businesses to bank locally in over 30 currencies and pay suppliers, partners, and employees across 180+ countries. The platform combines multi-currency accounts, local payout rails, instant FX conversion, and treasury tools in a single dashboard, reducing cross-border payment costs by 2-3x. It is PCI-DSS and ISO 27001 compliant and regulated by the Bank of Canada and FINTRAC.
Funding
Funding not disclosed
Founders
Product
Problem
Cross-border businesses face high costs, slow settlement times, and operational friction when paying suppliers, collecting from international clients, or managing payroll across multiple countries. Traditional banking infrastructure relies on intermediary banks, SWIFT transfers, and opaque FX rates, which delay access to funds and erode profit margins.
Solution
Kanzum provides a unified platform for global B2B payments, offering multi-currency business accounts that let companies hold, receive, and pay in 30+ currencies, including USD, EUR, GBP, AED, and CNY, while collecting and paying locally in emerging market currencies like NGN, KES, XOF, and ZAR. The platform routes payments through the most efficient local bank transfers, e-wallet networks, or SWIFT to reach 180+ countries, with most transactions settling in under two hours. Users can instantly exchange currencies at competitive rates, access virtual local account details for domestic-style collections, and manage treasury operations from a single dashboard. The platform is built on regulated infrastructure with KYC-compliant onboarding and enterprise-grade security, and includes consolidated reporting for simplified reconciliation.
Target Audience
Primary customers are cross-border trading businesses, including manufacturers, importers/exporters, agro-commodity traders, logistics and distribution companies, e-commerce marketplaces, and IT firms that need to pay suppliers, collect from clients, and manage payroll across multiple countries.
Features
- Multi-currency virtual accounts in USD, EUR, GBP, AED, and CNY with local account details for 30+ emerging market currencies
- Smart payment routing across local bank transfers, e-wallet networks, and SWIFT to optimize speed and cost for 180+ countries
- Instant 24/7 currency exchange with competitive FX rates and an OTC desk for large volumes or hedging needs
- Treasury tools to protect against currency volatility, earn 4%+ on balances, and consolidate global liquidity
- Dedicated support manager for account setup, compliance, and daily operations
- PCI-DSS and ISO 27001 compliant infrastructure, regulated by the Bank of Canada and FINTRAC