INSUBCONTINENT EXCLUSIVE:
Startups looking to expand the reach of financial services continue to receive a nod from investors
Zeta, a fintech firm that runs a full stack neo-banking platform and offers enterprise payments solutions, said today its valuation reached
Zeta executives declined to reveal the size of the funding, but a person familiar with the matter told TechCrunch the amount was less than
TechCrunch in an interview.Turakhia, 39, has co-founded a number of web companies over the years, which he sold for $160 million in 2014,
and team collaboration and productivity app Flock
Flock too has not raised any outside capital to date.Zeta operates in Asia and Latin America and counts as its potential clients companies
and banks looking to bring retail and corporate fintech products
Its full stack cloud-native neo-banking platform supports issuance of credit, debit and prepaid products
Its enterprise solutions features support for TnE cards, P-cards, expense management, salary disbursement and corporate gifting.The firm has
more than 14,000 corporate clients, including Amazon
It has already signed contracts with many partners to facilitate the expansion in the next six months.The firm, which today employs about
like a growing number of companies, Zeta is betting that it is a pivotal time to disrupt this
other bank-line financial institutions that want to issue credit, debit, or prepaid products and provide their customers with enhanced
saw value that Sodexo, which operates globally, could bring to its platform.In a statement, Aurelien Sonet, CEO, BRS at Sodexo, said,