The startup provides fintech services through smart kiosks that integrate multiple financial functionalities for retailers and ATM operators. By offering hardware and applications for prepaid card transactions, the company enhances customer access to financial services while streamlining operational efficiency for businesses.
Funding
$10M 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.
Founders
Product
Problem
Many individuals in underserved communities lack convenient access to a range of financial services, often relying on cash and alternative financial services due to limited access to traditional banking. Retailers and ATM operators also face challenges in efficiently offering diverse financial solutions to their customers.
Solution
Zyng Corp provides self-service financial kiosks that integrate multiple financial functionalities, offering a convenient solution for both consumers and businesses. These kiosks enable users to perform transactions such as cash withdrawals, balance checks, and fund transfers, similar to standard ATMs. Additionally, they facilitate services like Bitcoin purchases, currency exchange, bill payments, and prepaid card loading. Zyng's kiosks can be deployed and operated by Zyng or licensed to third-party operators, providing a customizable solution for various market needs.
Target Audience
The primary target audience includes underbanked individuals seeking convenient access to financial services, as well as retailers, travel centers, and ATM operators looking to expand their service offerings and revenue streams.
Features
- Cash-in/cash-out functionality for various financial transactions
- Integration with mobile devices for seamless user experience
- Bitcoin purchase options via integration with Bitstop
- Currency exchange capabilities with customizable currency options
- Bill payment services, supporting thousands of billers
- Prepaid card loading and dispensing
- Potential for fractional gold purchases
- Customizable kiosk design and service offerings