Z1

Z1, headquartered in São Paulo, Brazil, operates within the fintech industry, specifically focusing on consumer finance. The company, which is part of the Y Combinator W21 batch, has developed a digital banking application aimed at teenagers and young adults across Latin America. This app provides users with a prepaid card linked to their accounts, allowing them to manage and spend their money independently. It also facilitates the direct receipt of money from jobs and small businesses into their accounts.

Z1 supports various features to enhance financial management, including instant payments and money transfers through Pix, the ability to create groups for pooling money with friends for shared expenses, and tools for setting savings goals. Additionally, the app offers mobile phone top-up services, gift cards for a variety of services, and plans to introduce a Z1 card that can be managed through the app. Ensuring user security and privacy, Z1 provides comprehensive support around the clock, including options for temporary card blocking. The app is available for download on the Google Play Store and Apple App Store, supporting its fully remote service capabilities.