ZeroBank

What ZeroBank does

ZeroBank operates as a fintech infrastructure provider through its core operating subsidiary Zerobank Design Factory. The company is a wholly-owned subsidiary of Fukuoka Financial Group (FFG), a regional banking conglomerate headquartered in Japan's Kyushu region, and provides core banking technology to financial institutions seeking to launch or enhance digital banking capabilities. Historically operating as the in-house technology arm of FFG's regional banking franchise, ZeroBank has begun repositioning itself as a B2B infrastructure vendor serving external clients beyond the parent group.

The company's primary offering is core banking technology that enables financial institutions to deploy digital banking services, with the stated technology differentiator being integration and interoperability rather than consumer-facing features. In May 2026, Zerobank Design Factory was selected by MUFG Bank — one of Japan's largest financial institutions — to provide core banking technology for a new digital bank expected to launch by the end of fiscal year 2026. This engagement represents the company's first publicly disclosed external enterprise customer at scale and signals a strategic pivot from captive regional banking support to external infrastructure provision.

Revenue mechanics, pricing models, and contract values are not publicly disclosed; the company segments its market horizontally toward financial institutions and reaches enterprise clients via direct technology partnerships. ZeroBank reports a headcount of 11–50 employees and was founded in 2017. No independent venture funding, public listing, M&A activity, or standalone financial disclosures are available — the entity is financed and operationally supported through its parent FFG, with Ben Nguyen identified as co-founder and CFO.

Note: input data contains a contradictory firmographics entry describing ZeroBank as a Boston-based blockchain money transfer platform; the analytical content above is grounded in the more recent, source-attributed data describing ZeroBank as a core banking technology provider and subsidiary of Fukuoka Financial Group, per the conflict-resolution precedence of more recent and more specific source material.

Name

ZeroBank

Website

https://zerobank.cash

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Core Banking Technology

NAICS

Offices of Bank Holding Companies (551111), Depository Credit Intermediation (5221)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYFSAGALAA

BaaS Platforms & Sponsor Bank Enablement

Financial & Insurance/Financial Technology (Fintech)/Embedded Finance & Banking-as-a-Service (BaaS)

SECONDARYFSAGAAAA

Neobank Core Platform (Retail/SME Digital Bank)

Financial & Insurance/Financial Technology (Fintech)/Digital Banking & Neobanking Platforms

SECONDARYFSABAFAL

Banking-as-a-Service (BaaS) Neobanks / Neobank Enablers

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Digital/Challenger Banks (Neobanks)

Keywords

• Core banking systems
• Banking technology platform
• Retail banking software
• Banking infrastructure services
• Next-generation banking

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations

Core offering

ZeroBank operates through Zerobank Design Factory, a subsidiary of Fukuoka Financial Group, to provide core banking technology to large financial institutions in Japan, including MUFG Bank. The platform underpins next-generation retail banking operations, supporting account processing, transactions, and integrated digital banking capabilities for major bank clients.

Product overview

ZeroBank operates through its Zerobank Design Factory subsidiary, which functions as a fintech infrastructure provider offering core banking technology solutions. The company provides technology services to financial institutions, positioning itself as a B2B fintech infrastructure provider beyond traditional regional banking operations in Japan's Kyushu region.

Differentiator

Problem solved

Functional benefit

Products and services

• Next-Generation Core Banking Platform
• Zerobank Design Factory Services

Named customers1 record

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• MUFG BankcoreTechnology or Integration · 9 May 2026ZeroBank Design Factory subsidiary was selected by MUFG Bank to provide core banking technology for a new digital bank. The digital bank is expected to launch by the end of fiscal year 2026. This partnership positions ZeroBank as a fintech infrastructure provider serving major Japanese financial institutions beyond its traditional regional banking operations in Japan's Kyushu region.

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Temenos: Established global banking software vendor offering core banking, digital, and analytics solutions to thousands of banks. Overlaps with ZeroBank's category but with a much broader product portfolio and incumbent scale.
• Finastra: Large financial software provider offering core banking, lending, and digital platform solutions to banks globally. Comparable as a broader incumbent in the same core banking technology market.

Direct peers

• Thought Machine: Provides cloud-native core banking technology (Vault) used by major banks to launch digital banks. Directly comparable as a BaaS-adjacent core banking platform vendor competing for the same Tier-1 bank contracts as ZeroBank.
• 10x Banking: Cloud-native core banking platform purpose-built for challenger and incumbent banks launching digital services. Direct competitor in the BaaS core banking technology space.
• Backbase: Engagement banking platform providing digital front-end and orchestration layers for incumbent banks' digital transformations. Comparable as a vendor enabling banks to launch digital banking experiences.
• Mambu: Composable core banking SaaS platform enabling banks and lenders to launch digital financial products. Closely aligned with ZeroBank's core banking technology offering and target customer base of financial institutions.

Regional players

• Starling Bank: UK-based digital bank that built proprietary core banking technology and offers Banking-as-a-Service. Comparable as a bank that originated core banking tech (rather than purely a vendor) and operates in a different geography from ZeroBank.

Emerging players

• nCino: Cloud-based banking platform focused on digital lending and account opening workflows for financial institutions. Partial overlap with ZeroBank as a bank-focused digital platform vendor.

Others

• Fukuoka Financial Group: ZeroBank's parent company — a regional Japanese banking conglomerate. Relevant as the strategic owner providing the platform's banking DNA, regulatory familiarity, and domestic customer base.
• MUFG Bank: ZeroBank's flagship customer and one of the world's largest banks. Listed as a peer to contextualize the strategic importance and scale of the anchor relationship.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights4 records

Customer concentration

• Xx.com/ZeroMoney_App
• LinkedInlinkedin.com/company/zerobank

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZeroBank