
Zand Bank
Growth Score40DXBi Rank60Heat Score100Zand Bank PJSC
UAE's first fully licensed, all-digital bank for corporate, institutional and digital-asset clients
Media
Preview imagery published alongside each story, linking back to the original.
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Private (PJSC - Public Joint Stock Company, not exchange-listed)
- Headquarters
- Emaar Square, Building 6, Level 1, Downtown Dubai, UAE
- Founded
- 2022
- Website
- zand.ae
Products & Services
Zand AED (AEDZ)
UAE's first regulated, multi-chain AED-backed stablecoin issued on public blockchains, 1:1 backed by segregated reserves.
ZandMint
Digital token/asset offering and minting service.
ZandPay
Payment solutions offering for corporate and digital-economy clients.
Digital Asset Custody
Institutional-grade regulated custody service for cryptocurrencies, tokenized securities and other digital assets.
Corporate & Institutional Banking
Core corporate banking services (accounts, lending, cash management) for businesses and institutions.
Wealth Management
Wealth management services for corporate/institutional and high-net-worth clients.
People
Technology
Tech stack
Financials
Funding rounds
Projects
Zand and DWTC sign MOU on digital economy
MOU with Dubai World Trade Centre free zone aimed at helping free-zone businesses grow via AI-powered banking, part of Dubai's digital economy initiative.
May 20, 2026
Zand Shareholders Complete Acquisition of Dubai Bank PJSC
Zand's shareholders completed acquisition of a majority stake in Dubai Bank PJSC, the vehicle used to establish Zand as the UAE's first native digital bank ahead of receiving its own banking licence.
Dec 20, 2021
Zand Receives CBUAE Banking Licence
Zand Bank PJSC received a full banking licence from the Central Bank of the UAE and onboarded its first corporate customers on 30 June 2022.
Jul 5, 2022
Zand Bank partners with Infosys Finacle
Zand selected Infosys Finacle's cloud-native core banking platform, deployed on Microsoft Azure, to power its corporate banking operations with Open APIs and advanced analytics.
Apr 3, 2024
Zand Bank and Taurus sign strategic partnership
Zand partnered with Swiss digital-asset technology provider Taurus SA to build custody, tokenization and blockchain-connectivity infrastructure using Taurus-PROTECT and Taurus-CAPITAL, deployed on-premise in the UAE.
Jul 2, 2024
Zand Bank collaborates with Alibaba Cloud and Ant Digital Technologies
MOU to jointly explore generative AI, blockchain, real-world-asset tokenization and payment technologies (including Ant's mPaaS, ZOLOZ and SOFA products) to build Zand's AI Agent banking platform.
Nov 6, 2024
Zand Bank announces strategic partnership with Paymentology
Referral partnership with global issuer-processor Paymentology to offer BIN-sponsorship, virtual IBANs and Client Money Accounts to UAE fintechs and startups.
Nov 12, 2024
Zand and Mastercard strategic collaboration on cross-border payments
Collaboration leveraging Mastercard Move to offer bank deposits, wallet transfers and cash-pickup services across multiple markets.
Aug 14, 2025
Zand launches AEDZ, UAE's first AED-backed stablecoin
Launch of AEDZ, described as the UAE's first regulated multi-chain AED-backed stablecoin on public blockchains, backed 1:1 by segregated reserves.
Nov 17, 2025
Zand and Ripple strategic partnership on stablecoins
Collaboration integrating Ripple's RLUSD into Zand's digital-asset custody infrastructure, exploring liquidity pathways between AEDZ and RLUSD, and issuance of AEDZ on the XRP Ledger.
Feb 10, 2026
Zand adopts XDC Network for blockchain-powered payments/custody
Integration of the XDC Network enterprise blockchain into Zand's institutional digital-asset custody service, including gold-trading tokenization with ComTech Gold, targeting ISO 20022 compliance.
Jan 12, 2026
Yuze and Zand strategic alliance for UAE SMEs
Alliance to deliver digital business accounts, banking services provided by Zand Bank PJSC, for eligible SMEs and startups in the UAE via Yuze's AI-enabled digital business banking platform.
Jan 6, 2026
Similar Companies
Official Channels
Where Zand Bank publishes directly. Each link is checked for the correct platform and profile format.
A tick means the link resolves to a valid company profile URL on that platform. It does not confirm the account is operated by Zand Bank — that requires a signal only the platform or the company can give, so DXBi does not claim it.
Press & Announcements
Every item links back to its original source. Announcements are only marked as coming from Zand Bank when the link resolves to the company's own domain.
















