Zenobia Pay recently launched!

Launch YC: Zenobia Pay - Payments for luxury

"Pay-by-bank to end high credit card fees."

Founded by Ryan Prendergast & Theodore Li

Hey everyone! Meet Ryan and Teddy, co-founders of Zenobia Pay.

Founders Ryan Prendergast and Theodore Li started Zenobia Pay with a mission to make it 3x cheaper to transact online, bypassing the senselessly high credit card interchange fees that aren’t normal anywhere outside the US.

Zenobia Pay enables luxury brands to accept pay-by-bank and avoid fraud, chargebacks, and credit card fees.

https://youtu.be/1dwgU3zQz3k

Online credit card payments are expensive and rife with fraud. Fees account for 3+% of transaction volume, and high-ticket items account for more than a third of the 100 million annual chargebacks in the US.

With Zenobia Pay, payments cost only 1%, clear instantly, and are protected with a fraud chargeback guarantee. Customers link their bank to their own hardware, where it’s stored locally in a secure enclave. Merchant sites never see sensitive tokens or account numbers.

Learn More

🌐 Visit zenobiapay.com to learn more.
💸 If you sell goods online for >$200 and want to 3x lower your fees, email the founders here.
👣 Follow Zenobia Pay on LinkedIn X.

Posted 
May 21, 2025
 in 
Launch
 category
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