Many individuals, particularly those with limited credit history or access to traditional financial products, struggle to build a positive credit score. Traditional credit cards can lead to overspending and debt accumulation, hindering credit-building efforts.

Zoro Card provides a virtual debit card linked to a user's pre-funded account, enabling cashless transactions while preventing overspending. The platform reports users' payment activity to major credit bureaus, allowing them to establish and improve their credit scores responsibly. By limiting spending to the amount pre-loaded, Zoro Card helps users avoid debt and manage their finances effectively, offering a safer alternative to traditional credit cards for building credit.

Virtual debit card for online and in-person purchases

Spending limits based on pre-loaded funds to prevent debt

Reporting of payment activity to credit bureaus (Experian, Equifax, and TransUnion)

Mobile app for managing account balances and transactions

Military-grade 256-bit end-to-end encryption for data security

FDIC insurance coverage up to $250,000 through Hatch Bank, Member FDIC

Zoro Card targets individuals with limited or no credit history, students, and those seeking a responsible way to build credit without the risk of accumulating debt.

Zoro Card generates revenue through a monthly subscription fee of $7.