Zen, Mastercard form strategic partnership


Warsaw-based fintech Zen is launching a strategic payments partnership with Mastercard and kicking it off in 32 European markets, according to a press release.

ZEN offers a multi-currency account combined with Mastercard payment cards that offer exclusive benefits, including a Zen Care package, a one-year extension of the manufacturer’s warranty for products purchased both online and offline with ZEN’s Mastercard card.

Customers also get moneyback offers starting with an immediate return of up to 15% of the purchase’s value which is deposited in the consumer’s account.

Through the partnership Zen will have access to Mastercard’s technology, product development and marketing teams as well as its business partners worldwide .

“Mastercard is partner of choice for fintechs around the world and we are delighted that ZEN has selected us to not only partner on leading product development, but also their launch and communications strategy. I truly believe that ZEN’s exciting new customer value proposition combined with a strong marketing strategy driven in partnership with Mastercard, will be a great success for the many people it serves,” Raja Rajamannar, chief marketing and communications officer, Mastercard said in the release.