American fintech company Zil Money has launched ZilBank, an all-in-one cloud banking digital solution.

The new offering allows customers to open US bank account irrespective of where they are in the world.

Focused on freelancers, startups & businesses ZilBank also offers services such as ACH payments, payroll management, check printing, pay, and get paid by eChecks.

Zil Money CEO Sabeer Nelli said: “It is our team’s fervent desire to provide a secure and best world-class payment platform addressing every possible payment solution for businesses here and abroad.”

ZilBank will provide national and international options in neo-banking and claims to offer a 1.5% cash back on every dollar spent and a 0.5% cashback on deposits for business accounts.

The new unit, Zil Money said, will add to its services offered by Online Check Writer. It has partnered with Evolve bank and solidfi to offer banking services.

ZilBank app is available for both Android and iOS.

Zil Money, which provides cloud-based online banking and financial management services, is said to cater to over a quarter-million business customers.

In other US-banking news, Self Financial, a fintech company that enables consumers to build credit and savings, raised $50m in a Series E funding round last week.

Last month, Restart launched a multilingual digital bank to target immigrant and ethnic groups in the US.