Fin-Tech disruptor ZEUX seeks investors for next round of growth
UK centred investing and payments app Zeux has partnered with Seedrs to help secure investment for its next stage of growth. Since Zeux's initial UK market launch in September 2019, new user growth was driven at a rate of 60% by referrals from existing customers in addition to organic searches. A strong Reddit presence also helped fuel the app's initial growth and adoption by early users. A powerful promotion campaign of 5% Interest on all deposits into the Easy Access Pot in addition to £40 of Zeux credit to call upon helped cement the app as a strong choice for seamless mobile banking and crypto investment. On average, Zeux customers invest £4,000 through the app into a variety of competitive interest crypto products in the initial roll-out; it is strongly evident that such figures will increase with further adoption. The introduction of an optional physical card service further lends to the strong consumer-focused growth- the Zeux Card will allow users to:
- Enjoy no additional fees on any overseas transactions
- Instantly send and request money to/from a friend
- Pay with cryptocurrencies using the physical Visa Card
- Track their spending in a categorised chart
Zeux has recently landed a strong $1.25 million round of funding from investors- a substantial mark-up from its initial institution investment of $700,000 secured by CEO Frank Zhou. Although some initial advertising criticism may have haltered progress- Zeux seems on track for an impressive 2020- at a time of detrimentally meagre interest rates and a lack of trust in traditional financial institutions; Zeux's potential as a crypto banking application may yet see it continue its upwards streak.
