ZimaBank
- Company typePrivate
- Founded-
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
ZimaBank firmographics
Firmographics- Name
- ZimaBank
- Legal name
- ZIMABANK
- Website
- https://zimabank.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
ZimaBank industry classification
Industry- Product category
- Digital Banking
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Depository Credit Intermediation (5221), Securities and Commodity Exchanges (52321)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Crypto/Web3 Neobanks (FSABAFAG)
- akta.pro secondary industries
- Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC), On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF), Crypto Payment Gateways & Checkout APIs (FSADAIAA)
Keywords
Where ZimaBank is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
ZimaBank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Crypto On-ramp/Off-ramp Fees: Fee revenue from converting digital assets to fiat currencies and vice versa, with rates starting from 0.5% per transaction.
- SEPA & SWIFT Transfers: Fees for sending and receiving international wire transfers, including mass-payments options for corporate clients.
- Debit Card Services: Revenue from virtual and physical debit card issuance, ATM withdrawals, and card transactions for both individuals and corporates.
- Acquiring & Processing: Payment processing services for merchants worldwide through 50+ integrated providers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | On-ramp & Off-ramp exchange rates |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
ZimaBank product offering
Product offeringCore offering
ZimaBank operates as a Web 3.0 neo-bank that combines traditional banking services with cryptocurrency functionality. It provides dedicated IBAN accounts in EUR, USD, GBP, and AED, SEPA and SWIFT international wire transfers, virtual and physical debit cards, crypto on-ramp and off-ramp conversion at rates starting from 0.5%, and an integrated centralized and decentralized cryptocurrency exchange. The platform also offers merchant acquiring and processing through 50+ payment providers and runs a 24/7 online banking platform with above 99.7% uptime.
Product overview
ZimaBank is a neo-bank offering a unified platform that combines traditional banking services with cryptocurrency functionality. The core offering includes Bank Accounts with multi-currency IBAN support (EUR, USD, GBP, AED), SEPA & SWIFT Transfers for international transactions, and Debit Cards (virtual and physical) connected to user accounts. Cryptocurrency services are provided through On-ramp & Off-ramp conversion, a Crypto Exchange integrating centralized and decentralized structures, and cryptocurrency wallet support for assets like TON and USDT. The platform also includes Acquiring & Processing for business payments and a 24/7 Online Banking Platform. All services are accessible through a single mobile application with Web 3.0 orientation.
Differentiator
Problem solved
Functional benefit
Products and services
- Bank Accounts (IBAN) Dedicated multi-currency IBAN accounts in EUR, USD, GBP, and AED available to both corporate clients and private users, opened in 3 steps through the self-serve ZimaBank platform.
- SEPA & SWIFT Transfers International wire transfer service supporting SEPA and SWIFT rails for sending and receiving payments in a user's personal area in one click, with mass-payments options and downloadable transfer statistics.
- Debit Cards Virtual and physical debit cards connected to the user's IBAN account, enabling ATM withdrawals, cash deposits in the EU and internationally, in-person and online purchases, and funding via transfers or virtual assets for both individuals and corporates.
- On-ramp & Off-ramp Crypto-fiat conversion service that lets users change digital assets to fiat currencies and vice versa at rates starting from 0.5%, enabling seamless movement between crypto and traditional balances.
- Crypto Exchange Integrated cryptocurrency exchange that combines a centralized structure and a decentralized exchange within a single platform, supporting trading and exchange services across multiple blockchain assets.
- Acquiring & Processing Merchant payment acceptance solution that connects businesses to 50+ payment providers worldwide, enabling merchants to accept a wide range of fiat and cryptocurrency payment options through a single integration.
- Online Banking Platform 24/7 online banking platform delivering round-the-clock access to and management of the user's financial portfolio with above 99.7% uptime.
Companies that use ZimaBank
Customer profileSegments4 records
Ideal customer profiles3 records
ZimaBank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
ZimaBank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- CointelegraphminorMajor cryptocurrency news and media outlet partnership for brand visibility and marketing.
- TON (Telegram Open Network)coreBlockchain integration partner supporting TON cryptocurrency transactions and wallet services. Listed as accepted payment method.
- CardanocoreBlockchain integration for Cardano cryptocurrency support within Zima Bank wallet and payment services. Listed as accepted payment method.
- KrakencoreCryptocurrency exchange integration partner for crypto exchange services and liquidity provision.
- VisacoreCard network partner for debit card issuance and payment processing, enabling worldwide card acceptance.
- MastercardcoreCard network partner for debit card issuance and payment processing, enabling worldwide card acceptance.
- SumsubcoreKYC/AML verification partner for identity verification and compliance services.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
ZimaBank competitors and assessment
Company assessmentBroad incumbents
- Coinbase: Coinbase provides a crypto exchange, debit card, and custodial wallet services that overlap with ZimaBank's exchange, card, and on-ramp offerings, though at much greater scale and regulatory depth.
- Binance: Binance operates a global crypto exchange, card program (Binance Card), and payment services at significantly larger scale — a broad incumbent with overlapping crypto-fiat products.
- Revolut: Revolut is a large neobank with integrated crypto exchange and card services, competing in the same multi-currency and crypto-spending space as ZimaBank but with vastly broader geographic licensing.
Direct peers
- MoonPay: MoonPay is a leading crypto on-ramp/off-ramp provider with card and fiat integration, addressing the same fiat-to-crypto conversion use cases ZimaBank targets.
- BitPay: BitPay provides crypto payment processing, card solutions, and fiat conversion services targeting merchants and consumers — directly comparable to ZimaBank's acquiring and crypto-to-fiat products.
- Banxa: Banxa offers fiat-to-crypto on-ramp and off-ramp services integrated with exchanges and wallets, addressing similar cross-border crypto-fiat conversion use cases as ZimaBank.
- Alchemy Pay: Alchemy Pay offers crypto-fiat payment gateway services and card-issuing programs for merchants and consumers, closely comparable to ZimaBank's acquiring and crypto payment rails.
- Wirex: Wirex is a crypto-enabled neobank offering multi-currency accounts, a debit card, and integrated crypto exchange with on-ramp/off-ramp services — a near-direct match to ZimaBank's product set.
- Crypto.com: Crypto.com provides a crypto debit card, exchange, on-ramp/off-ramp, and payment-app functionality overlapping heavily with ZimaBank's core offerings.
Emerging players
- Transak: Transak is a crypto on-ramp/off-ramp infrastructure provider serving wallets and applications, comparable to ZimaBank's on-ramp/off-ramp rails and crypto-fiat conversion business.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
ZimaBank social profiles
Digital presenceZimaBank compliance and trust
Trust signalCompliance2 records
ZimaBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
ZimaBank leadership team
Management profileNumber of profiles
ZimaBank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ZimaBank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ZimaBank
What does ZimaBank do?
ZimaBank operates as a Web 3.0 neo-bank that combines traditional banking services with cryptocurrency functionality. It provides dedicated IBAN accounts in EUR, USD, GBP, and AED, SEPA and SWIFT international wire transfers, virtual and physical debit cards, crypto on-ramp and off-ramp conversion at rates starting from 0.5%, and an integrated centralized and decentralized cryptocurrency exchange. The platform also offers merchant acquiring and processing through 50+ payment providers and runs a 24/7 online banking platform with above 99.7% uptime.
Is ZimaBank a public or private company?
ZimaBank is a private company. It is classified as unknown and is currently operating.
When was ZimaBank founded?
ZimaBank was founded in -1. It employs 11 to 50 people.
Where is ZimaBank based?
ZimaBank is headquartered in Vancouver, Canada, in the North America region.
How does ZimaBank make money?
Four revenue lines are on record. Crypto On-ramp/Off-ramp Fees are the primary driver. The others are SEPA & SWIFT Transfers, debit Card Services and acquiring & Processing.
Who are ZimaBank's main competitors?
Broad incumbents on record are Coinbase, Binance and Revolut. Direct peers are MoonPay, BitPay, Banxa, Alchemy Pay, Wirex and Crypto.com. Transak is listed as an emerging player.
Does ZimaBank have an API?
No public API is recorded for ZimaBank.
What industry is ZimaBank in?
ZimaBank's product category is Digital Banking. Its primary akta.pro industry code is FSABAFAG, Crypto/Web3 Neobanks, with a secondary code of FSADAIAC, Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid). Its NAICS code is 522320 and its SIC code is 6199.