Company Research Report
Zero Hash
Company Overview
- Name: Zero Hash
- Mission: To provide full-stack financial infrastructure that seamlessly connects fiat, crypto, and stablecoins, enabling a better way to move and transfer money and value globally.
- Founded: 2017 by Edward Woodford.
- Key People:
- Edward Woodford (Founder and CEO)
- Adam Berg (CFO)
- Paula Marques (Chief Compliance Officer Brasil)
- Headquarters: Chicago, Illinois
- Number of Employees: 51-200 employees
- What is the Company Known For: API-first technology and turnkey regulatory infrastructure to launch crypto products simply, quickly, and compliantly.
Products
Trading
- Description: Full-stack API platform to enable end customers to buy, sell, and settle crypto trades in real-time.
- Key Features:
- Instant trade execution: Secure, scalable, low-latency infrastructure.
- Efficient operations: Secure asset custody held on Zero Hash's balance sheet.
- Rapid setup: Launch in weeks with a turnkey platform.
- Liquidity: Deep pool of liquidity sources supporting over 65 digital assets.
- Settlement: Custom settlement schedules, early withdrawals, and batch settlement.
- Market Data: Dashboards, news, and market insights for smarter trading decisions.
Payments
- Description: Power crypto payments through platform integration.
- Key Features:
- Broad asset coverage: Supports 65+ popular digital assets.
- Wallet integration: Enables users to connect external wallets.
- Native embedding: Simplifies crypto payments to be as easy as credit and debit card checkout.
- Checkout: Accept crypto payments within native checkout flow.
- P2P Payments: Send and receive crypto peer-to-peer.
- Payroll: Salary payouts in crypto via direct deposits.
Custody
- Description: Build a flexible and full-service crypto custody structure.
- Key Features:
- Off-balance sheet custody: Remove the complexity of holding crypto on the company's balance sheet.
- Streamlined compliance: Manage crypto reporting through regulatory protocols.
- Peace of mind: Robust security and privacy measures.
- Deposits: Centralize accounts from third-party wallets and exchanges.
- Withdrawals: Enable anytime, anywhere withdrawals with MPC wallet technology.
- Integrated Cold Storage: Coordinates warm and cold storage for enhanced asset custody.
Loyalty
- Description: Launch customizable loyalty programs that reward customers with crypto.
- Key Features:
- Repeat engagement: Drive increased customer activity through bonuses and perks.
- Stronger retention: Strengthen relationships with long-term power users.
- Higher lifetime value: Increase spending and profit from each customer.
- Rewards: Crypto rewards based on spending activities.
- Awards: Incentivize users with crypto bonuses.
- Round Ups: Save crypto with round-up spending rules tied to traditional or web3 financial products.
Recent Developments
- Recent Developments:
- Banking Tech Awards USA: Winner of Tech of the Future, 2023.
- AltFi: Awarded Crypto Company of the Year, 2023.
- Deloitte: #21 in Technology Fast 500 N.America, 2023.
- Fast Company: Finalist in World Changing Ideas, 2023.
- Inc. 5000: #46 Fastest Growing Private Companies in America, 2023.
- New Products Launched:
- Lightning Network and Universal Money Address (UMA) support in partnership with Lightspark.
- New Partnerships:
- Alchemy Pay: Partnership for seamless crypto on-ramp, including ACH payment rails (Jan 30, 2024).
- Plaid: Enables seamless crypto on and off-ramp via ACH bank transfers.
- Shift4: Collaboration to build a one-stop fiat and crypto solution.
- Banxa: Partnership to include Bitcoin transfers on the Lightning Network.
Conclusion
Zero Hash excels in bridging the gap between traditional financial services and modern cryptocurrency solutions by offering a comprehensive and regulatory compliant platform. Their recent accolades and partnerships underscore their commitment to innovation and excellence in the fintech industry.