Zengo Wallet provides a secure, self-custodial cryptocurrency wallet built on multi-party computation (MPC) that eliminates seed-phrase vulnerabilities. The company reports over 2 million individual and business users across more than 180 countries, and no Zengo wallet has ever been hacked since its launch in 2018. Its product line includes Zengo Pro, which offers advanced features such as Bitcoin Vaults, inheritance-style recovery, and discounted trading fees, as well as Zengo Business, which delivers institutional-grade security and team wallets for SMBs and enterprises. Recent product plans focus on deeper payment integrations and upcoming feature launches enabled by its partnership with MoonPay. Zengo’s security-first positioning is designed to make digital asset ownership both safer and easier, supported by a simple user interface and broad asset support. Existing investors include Insight Partners, Tether, and other notable backers, and the company is now bolstered by a new strategic investment from MoonPay Ventures. The expanded collaboration with MoonPay also provides users with diverse on-ramp options such as Apple Pay, PayPal, Venmo, cards, and bank transfers, further enhancing wallet usability.

Total raised

$20M

Funding rounds

3

Latest round

Series A

Latest activity

Apr 2021