Dzing, a London-based start-up, has launched a new multi-currency payment app for itinerant travelers, students, freelancers, and business customers so that they can manage their finances and transfer money globally. Designed for both Android and iOS, the app comes with multi-currency accounts, as well as card and partner card options for customers via a tiered subscription model.
Max Kharchenko, Interim CEO and Chief Product Officer, stated: “This product is designed to put the power back into the consumer’s hands, providing speed and convenience, while removing the worry of currency conversion rates and hidden surcharges for anyone abroad or traveling.”
Dzing has opened two new offices in order to prepare for the launch since last year’s waiting list has subsided. It is also ready to recruit new employees and give a fresh start for further funding before the year ends.
“While some consumers bank digitally, and others still favor the services of traditional banks, we spotted a gap in the market – a middle ground,” says Kharchenko. “So, we combined the long-term deposit uses of a traditional bank with the flexibility of a challenger bank, to support a truly modern way of living.”