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), USD-backed settlement (ZiGX), and transparent proof of reserves (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. We are pursuing FCA authorisation in the UK and building VASP compliance infrastructure alongside active engagement with the RBZ Fintech Sandbox in Zimbabwe.
What Sets Us Apart
Compliance first, always.
Regulatory Engagement
FCA regulatory pathway initiated. RBZ Fintech Sandbox application submitted and in active dialogue. We build with regulators, not against them.
Audited Infrastructure
Smart contracts developed by Boosty Labs with Hacken security audit commissioned. Institutional-grade custody under evaluation with regulated providers.
Registered IP
Trademarks registered: ZIMX®, ZiGX® (UK). Applied: ZiRA™ (UK). Filed across 12 ARIPO African member states.
Corporate Structure
UK-incorporated, globally minded.
ZimX Finance is the trading name of Blackmass Enterprises Ltd (UK Company No. 16124799).
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 offers business payments, the ZiGX digital settlement asset, and compliance-first solutions for the UK-Zimbabwe corridor.
What is ZiGX?
ZiGX is a USD-denominated, reserve-backed digital settlement instrument designed for use within the ZimX ecosystem. It enables faster, cheaper settlement across the UK–Zimbabwe corridor with an over-collateralisation target of 102–105%.
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 pursuing direct FCA regulation in the UK and is in active dialogue with the Reserve Bank of Zimbabwe through the Fintech Sandbox programme. Blackmass Enterprises Ltd is registered in England and Wales (Reg. 16124799).
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 alongside its FCA regulatory pathway in the UK.
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?
ZiGX is a USD-denominated, reserve-backed digital settlement instrument with an over-collateralisation target of 102–105%. Reserves are held in regulated custody and verified through ZimX Vault, providing real-time proof of reserves and on-chain verification.
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.