Layoff
Dec 2024Z1 carried out a mass layoff in December 2024; reporting said more than 70 employees were cut across marketing, compliance, CX, finance, and backend functions.
SourceDigital bank for teenagers in LatAm connected to prepaid card
Company research
Public company, workplace, funding, and market signals
Overview
Z1 was a São Paulo-based Gen Z neobank for teenagers and young adults in Brazil/LatAm, built around a free digital account, prepaid Mastercard card, PIX payments, and financial education. In February 2025, NG.CASH absorbed Z1’s customer base and Z1 was folded into NG.CASH as a standalone brand.
Primary product
Digital bank app for teenagers and young adults with a prepaid Mastercard card and PIX-enabled account
Founded
2019
Headquarters
São Paulo, Brazil
Team size
1-10
Industry
Financial Services
Sub-industry
Teen / Gen Z digital banking and payments
Offices
São Paulo, Brazil
Open Positions
0 jobs at Z1
No open positions
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