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WSFS Bank and ZenBanx introduce multi-currency deposit account

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WILMINGTON, Del. — WSFS Financial Corporation  has formed a Strategic Alliance with ZenBanx Holding Ltd. To offer a mobile, multi-currency account that will allow consumers to hold balances in up to five currencies in a single account.

“The ZenBanx USA venture is fully aligned with our strategic goals and culture – service, growth, innovation, best practices, talent development and high performance,” commented WSFS President and CEO Mark A. Turner. “We have been working in partnership with ZenBanx for the last seventeen months, and are excited about this alliance and the opportunity to bring this leading-edge product to market.”

Created to meet the financial needs of mobile savvy consumers who live, work or travel across borders, the primary target markets for the ZenBanx Account are foreign professionals living in the United States, frequent travelers, international students studying in the United States, and immigrants that want to maintain their family and financial ties to their countries of origin. The ZenBanx Account will offer the option of accruing interest on the currencies held and provide Customers the ability to send funds internationally at a competitive market rate.

“I couldn’t be more delighted and honored to be working in a Strategic Alliance with the team at WSFS,” said Arkadi Kuhlmann, Founder and CEO of ZenBanx. “Introducing the ZenBanx Account later this summer will be an exciting milestone as it combines the convenience of a mobile offering; the security of a regulated bank; and significant value over the competition. I believe consumers will appreciate the simplicity, security and value, all in the palm of their hand.”

To learn more about the ZenBanx Account, visit http://usa.zenbanx.com

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