Zenda

Zenda's primary offering is a members-only app that allows parents from select schools to pay their school fees in a hassle-free manner from the comfort of their home. The app offers the flexibility of splitting payments into parts, allowing families to better manage their budget. It also provides customised payment plans to suit different family budgets.

The company's business model is centered around providing a seamless and secure payment experience. Zenda has partnered with leading financial and technology companies, including Mastercard and Microsoft, to ensure end-to-end encryption and adherence to cybersecurity best practices. The app does not store any card information and works with 3D Secure and PCI DSS compliant partners to process payments.

Zenda generates revenue through nominal handling or processing fees that may be applicable in some cases. However, the company prides itself on its transparency, with no hidden fees and all charges displayed in the app prior to payment initiation.

The company has received positive feedback from users, particularly for its user-friendly interface, flexible payment options, and responsive customer support.