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AmericasFebruary 8 2023

Zenus Bank’s cross-border ambitions

Mushegh Tovmasyan, founder of Puerto Rico-based Zenus Bank, lays out its growth plans amid a changing fintech landscape. Barbara Pianese asks the questions.
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Zenus Bank’s cross-border ambitions “We see ourselves as an essential instrument for somebody with cross-border needs, especially in emerging markets.”

In 2019, Mushegh Tovmasyan founded Zenus Bank, a digital bank licensed and regulated by the Office of the Commissioner of Financial Institutions of Puerto Rico. 

Q: You decided to found a bank instead of a fintech company. Why did you make this choice?

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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