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ZAR provides a financial technology application, converting local currencies into digital US dollars for secure holding, saving, and global spending. Through a digital wallet and Visa-branded payment card, it streamlines transactions and remittances. The platform leverages stablecoins, with dollars backed by real reserves via regulated partners, ensuring financial stability and accessibility.
Co-founded in 2024 by Brandon Timinsky and Sebastian Scholl, ZAR emerged from Timinsky's experience as former CEO of SadaPay, a digital wallet provider. Their core insight addressed currency volatility and limited access to global financial tools for cash-based economies, aiming to provide stable value preservation.
ZAR serves individuals and businesses in economically unstable regions, including freelancers and small merchants. It offers a practical solution to preserve earnings and engage in the global economy, notably in Argentina, Pakistan, and Kenya. Its vision aims to democratize access to US dollar stability, fostering economic resilience and wider financial inclusion.
ZAR has raised $7.0M across 1 funding round.
ZAR has raised $7.0M in total across 1 funding round.
ZAR Technology Services, Inc. (ZAR) is an IT staffing and project-based consulting firm specializing in delivering top talent to prestigious hedge funds, investment banks, private equity firms, asset managers, and other leading businesses in the financial services sector.[1][2] Founded in 2005 and headquartered in New York City, the company has built a reputation for identifying exceptional IT professionals, generating approximately $17.7 million in revenue with around 148 employees, and focusing on buy-side and sell-side clients.[1] It was recently acquired by Dale Workforce Solutions (DWS), a women-owned staffing firm, enhancing its capabilities in IT strategy, development, and transformation while expanding service to media, publishing, entertainment, and additional North American clients.[3]
This acquisition positions ZAR within a broader talent ecosystem, emphasizing scalable solutions and diversity, though it operates as a service provider rather than a product-building startup or traditional investment firm.[1][3]
ZAR Technology Services was established in 2005 in New York City as a specialist in IT staffing for the financial services industry, quickly targeting high-bar clients like hedge funds and investment banks.[1][2] From its inception, the firm differentiated itself through a focus on quality talent placement and long-term client relationships, evolving into a go-to partner for buy-side, sell-side, private equity, and asset management needs.[1]
Key details on founders or early partners are not publicly detailed in available records, but the company's growth centered on building deep expertise in financial IT consulting.[1] A pivotal moment came with its acquisition by Dale Workforce Solutions, a 100% women-owned firm founded in 2012, which integrates ZAR's client base and consultants into a larger talent network, signaling continued expansion amid industry consolidation.[3]
ZAR rides the wave of persistent demand for specialized IT talent in finance and media, where digital transformation, automation, and data-driven strategies require elite skills amid talent shortages.[1][3] Timing aligns with industry consolidation in staffing, as seen in its DWS acquisition, which amplifies scale during economic pressures favoring outsourced expertise over in-house hiring.[3]
Market forces like regulatory complexity in finance and tech convergence in entertainment favor ZAR's niche positioning, influencing the ecosystem by bridging skill gaps for sector leaders and enabling innovation in high-stakes environments.[1][3] This supports broader trends in workforce solutions, promoting women-led growth and hybrid staffing models.
Post-acquisition, ZAR is poised for accelerated growth through DWS's expanded network, potentially targeting more cross-industry IT placements amid rising AI and automation demands in finance and media.[3] Trends like talent scarcity and diversity mandates will shape its path, evolving its influence from a finance specialist to a versatile player in transformative staffing.
This reinforces ZAR's core strength: reliably powering elite firms with unmatched IT expertise in an increasingly competitive landscape.[1]
ZAR has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Seed in April 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2025 | $7M Seed | — | 1/1 Capital, Accel, Bessemer Venture Partners, Castle Island Ventures, Chemistry VC, Comal Ventures, Cyberstarts VC, Haun Ventures, Listen, M13, Tony Florence, Northside Ventures, Preston Werner Ventures, Solana Ventures, Y Combinator, Balaji Srinivasan, Derrick LI, Tekin Salimi, Wayne Chang | Announced |
ZAR has raised $7.0M in total across 1 funding round.
ZAR's investors include 1/1 Capital, Accel, Bessemer Venture Partners, Castle Island Ventures, Chemistry VC, Comal Ventures, Cyberstarts VC, Haun Ventures, Listen, M13, Tony Florence, Northside Ventures.
