Our Story
Built for Zimbabweans, wherever you are.
ZimX Finance exists because sending money to Zimbabwe costs too much, takes too long, and lacks transparency. We are building the digital payments and settlement layer to fix that.
Our Mission
What we are building
A complete digital payments ecosystem for the UK-Zimbabwe corridor: AI-powered intelligence (ZiRA), digital wallets (ZimX Wallet), merchant payments (ZimX Pay), planned reserve-backed settlement (ZiGX), and a future proof-of-reserves dashboard (ZimX Vault).
Why it matters
Zimbabwe’s National Development Strategy 2 (2026–2030) identifies financial sector deepening and inclusive economic growth as national priorities — and explicitly recognises the role of the diaspora in driving that transformation. Over 2 million Zimbabweans live outside the country. The infrastructure to participate in the economy from abroad barely exists. ZimX is here to change that.
Our Approach
How we build
We use blockchain where it solves real problems: settlement speed, reserve transparency, and cross-border value transfer. The technology stays invisible to the user.
Our AI work with ZiRA is aligned with the Zimbabwe National AI Strategy 2026–2030, launched in March 2026 around four pillars: talent development, infrastructure sovereignty, AI adoption, and ethical governance. ZiRA delivers Zimbabwean knowledge to Zimbabweans everywhere — across news, remittances, culture, education, and daily life.
Every product is compliance-first, with infrastructure designed to align with Zimbabwe's VASP framework.
What Sets Us Apart
Compliance first, always.
Compliance by Design
Compliance is designed in from the first line of code. Blackmass Enterprises Ltd is registered in England and Wales.
Audited Infrastructure
ZIMX token independently audited by Hacken. ZiGX smart contracts are complete and audit-gated. No audit, no deployment. Reserves are designed to sit with regulated third-party institutional custodians. No custody arrangement is in place. Without custody, there is no ZiGX.
Registered IP
Trademarks registered: ZIMX®, ZiGX®, ZiRA® (UK). ZIMX® and ZiGX® also filed across 12 ARIPO African member states.
Corporate Structure
UK-incorporated, globally minded.
ZimX Finance is the trading name of Blackmass Enterprises Ltd.
ZimX Finance Ltd is in incorporation as the dedicated operating subsidiary.
FAQ
Frequently asked questions.
What is ZimX Finance?
ZimX Finance is a UK-registered fintech company building cross-border payment infrastructure between the UK and Zimbabwe. It is developing business payments, the ZiGX digital settlement asset, and compliance-first solutions for the UK-Zimbabwe corridor.
What is ZiGX?
ZiGX is being developed as a USDC-pegged digital settlement asset for future use within the ZimX ecosystem. If launched as designed, it would enable faster, cheaper settlement across the UK–Zimbabwe corridor with an over-collateralisation target of 102–105%. No tokens or reserves currently exist, and custody arrangements have not been finalised.
What is IMTT and how does it affect Zimbabwe payments?
IMTT (Intermediated Money Transfer Tax) is a tax levied by Zimbabwe on electronic money transfers. Under the Finance Act 2025, IMTT paid is now deductible for corporate taxpayers, which changes the cost structure for cross-border business payments.
Is ZimX Finance regulated?
ZimX Finance is not authorised or regulated by the FCA and holds no FCA permissions. No financial products are live and no customer money is held. Blackmass Enterprises Ltd is registered in England and Wales.
What is the Zimbabwe Finance Act VASP framework?
The Zimbabwe Finance Act 2025 introduced a regulatory framework for Virtual Asset Service Providers (VASPs), establishing rules for digital asset businesses operating in Zimbabwe. ZimX Finance is building its compliance infrastructure to align with this framework.
How does ZimX align with Zimbabwe's National AI Strategy?
Zimbabwe's 2026–2030 National AI Strategy prioritises AI-driven financial inclusion. ZiRA, the Zimbabwe Intelligent Resource Assistant, directly supports this agenda by providing AI-powered remittance comparisons, financial education, and cultural knowledge in English, Shona, and Ndebele.
What is ZiGX backed by?
Designed to be backed at least 1:1 by eligible reserve assets at launch, subject to regulatory readiness. Reserves are designed to sit with regulated third-party institutional custodians. No custody arrangement is in place, no reserves exist and no ZiGX tokens have been issued at the date of this publication. Without custody, there is no ZiGX.
How much does it cost to send money to Zimbabwe?
The average cost to send remittances to Zimbabwe is approximately 6.9% (World Bank, Q3 2025), with some providers charging up to 13.87%. ZimX Finance is building infrastructure targeting fees below 3%, aligned with the UN Sustainable Development Goal for remittance costs.