ZSuite Tech is a financial technology company that powers financial institutions with all-digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial customers. Its suite of SaaS products, including ZRent and ZEscrow, streamlines recurring payment collection and automates multi-use escrow and subaccounting management and compliance. The company spun out from a bank in 2019 and positions itself as a bank‑born partner focused on increasing low‑cost core deposits, improving customer experience and reducing internal costs. ZSuite currently partners with more than 36 U.S. institutions, supports approximately 41,000 escrow accounts, manages over $140 million in annual payments and about $300 million in annual deposits on its platform. With the new funding, ZSuite plans to scale its platform, grow the organization and expand into new markets to meet increasing demand for modern digital commercial banking tools.

Total raised

$11M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2022