Founded in 2018 by Ouriel Ohayon, Tal Be'ery, and Omer Shlomovits, Zengo's mission is to provide a simple and highly secure crypto wallet for mainstream users. The company's core innovation is its use of MPC technology, which eliminates the need for private keys and seed phrases, a common point of failure and user error in crypto management. Instead of a single private key, security is distributed between the user's device and Zengo's servers, requiring multiple factors for transaction approval. This approach provides a user-friendly experience with robust, institutional-grade security and a simple account recovery process.

Founded in

Israel