Zulu is a fintech platform that enables fast, low‑cost cross‑border payments for businesses and individuals in Latin America, offering near‑instant settlement and competitive FX rates across more than 60 countries. It supports supplier payments, global payroll, inter‑company transfers, and personal remittances through a web interface with real‑time monitoring and 24/7 support, reducing fees and processing times compared to traditional methods.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1OCVFounders
Product
Problem
Businesses and individuals in Latin America often face slow, costly, and opaque processes when making cross‑border payments, leading to delayed transactions, high exchange‑rate margins, and hidden fees that hinder international trade and personal transfers.
Solution
Zulu offers a fintech platform that enables fast, low‑cost international payments for companies of any size and private users. By leveraging a network that covers over 60 countries, Zulu provides competitive exchange rates (0.8%‑1.5%) and near‑instant settlement, eliminating typical 3‑5‑day delays. The service supports a range of use cases—including supplier payments, payroll, inter‑company transfers, and personal remittances—through a web interface with real‑time transaction monitoring and 24/7 support. Zulu also verifies fund origins and processes transfers immediately without holding customer balances, ensuring compliance and security while reducing operational expenses.
Target Audience
Zulu serves small, medium, and large enterprises in Latin America that engage in import/export, global payroll, and inter‑company financing, as well as individuals needing reliable cross‑border remittances.
Features
- Access to more than 60 destination countries with a single click workflow
- Competitive FX rates (0.8%‑1.5%) and zero transaction fees for many corridors
- Near‑instant settlement (typically within 24 hours) versus traditional 3‑5‑day timelines
- Bulk payroll and inter‑company transfer capabilities via flat‑file uploads
- Real‑time transaction monitoring and compliance checks on fund origins
- 24/7 multilingual customer support and dedicated account assistance
- Integration options for importing/exporting payments, service fee collection, and broker fund movements