Zeta valued at $2 billion after funding
With an addition of $50 million to its recent investment round, Zeta, a top fintech company providing solutions for new-age banking, has reached a milestone as it became a $2 billion-valued company. The round was led by Accel Partners with existing investors SoftBank and Lightspeed Venture Partners participating as well.
The company will be able to increase the number of products that it is presently serving, expand its global presence, and invest in cutting-edge technologies like cloud-native payment platforms and AI-based banking platforms with this new investment round. Additionally, the company, co-founded by Bhavin Turakhia, has helped change banking infrastructure to provide payment solutions, core banking platforms, and next-generation credit processing.
With this funding support, Zeta will most likely expand more rapidly in the North American, European, and Asia-Pacific markets and collaborate with more financial institutions to update their technology stacks. Industry observers point out that Zeta is emerging as a prominent player in the global fintech sector as a result of its high growth rate and innovative strategy.
Not only does this funding round signal investor confidence in Zeta’s vision, but it also marks increasing demand for digital banking transformation solutions globally.
