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Zeta raises $250 million from SoftBank Vision Fund - Vimarsana News

Zeta raises $250 million from SoftBank Vision Fund

2 hours ago Fintech software-as-a-services firm Zeta raised $250 million from SoftBanks’ Vision Fund at a valuation of $1.45 billion. Zeta targets the massive opportunity of Open Banking or neo-banking that many traditional banks in India are undertaking. The company operates in North America, Latin America, United Kingdom, Europe and Asia. Zeta has been founded in 2015 by serial entrepreneur Bhavin Turakhia, who had previously set up several startups like LogicBoxes, Ringo and Flock. For the majority of its history, Zeta was bootstrapped and it was only in July 2019 that Turakhia and his c...

Zeta raises $250 million from SoftBank Vision Fund, turns unicorn - Vimarsana News

Zeta raises $250 million from SoftBank Vision Fund, turns unicorn

Zeta raises $250 million from SoftBank Vision Fund, turns unicorn Zeta CEO Bhavin Turakhia says with Zeta, financial institutions can leverage a modern, cloud-native platform and perform better BusinessToday.In | May 25, 2021 | Updated 10:52 IST The Bengaluru-based startup has 10 banks and 25 fintechs spread across eight countries as its customers Zeta, a banking tech startup, has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion, making it one of the largest single investments in a banking tech startup globally. "Most bank...

SoftBank Vision Fund 2 Invests $250M in Banking Tech Startup Zeta via Series C Funding - Vimarsana News

SoftBank Vision Fund 2 Invests $250M in Banking Tech Startup Zeta via Series C Funding

SoftBank Vision Fund 2 Invests $250M in Banking Tech Startup Zeta via Series C Funding May 25 2021 · 14:19 UTC by staff writer · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Sodexo also took part in the $250 million investment led by SoftBank, participating as a minority investor in the Zeta Series C funding round. Zeta, a banking tech startup based out of Bengaluru, India, has raised $250 million in funding from Softbank Vision Fund 2 in a Series C investment round, bringing the total valuation of the startup to $1.45 billion, in one of the biggest s...

Zeta joins Unicorn club with latest fund raise of $250 m - The Hindu BusinessLine - Vimarsana News

Zeta joins Unicorn club with latest fund raise of $250 m - The Hindu BusinessLine

Zeta joins Unicorn club with latest fund raise of $250 m May 24, 2021 : Bhavin Turakhia (left), Co-founder and CEO, Zeta, and Ramki Gaddipati, Co-founder and CTO, Zeta   -  GRN Somashekar : Bhavin Turakhia (left), Co-founder and CEO, Zeta, and Ramki Gaddipati, Co-founder and CTO, Zeta   -  GRN Somashekar× RELATED Sodexo also participated in the round as a minority investor Bengaluru-based banking tech start-up Zeta, a company co-founded by billionaire and serial entrepreneur Bhavin Turakhia, has raised $250 million from SoftBank Vision Fund 2 and existing investor Sodexo. The Series C fu...

Zeta Raises $250M in Series C Funding - Vimarsana News

Zeta Raises $250M in Series C Funding

Zeta, a San Francisco, CA-based banking tech startup, secured $250m in Series C funding. The round – which valued Zeta at $1.45 billion – was led by SoftBank Vision Fund 2 with participation from Sodexo. The company intends to use the funds to accelerate growth in the United States and Europe including scaling its operations, team and platform. Co-founded in April 2015 by Bhavin Turakhia (CEO) and Ramki Gaddipati (CTO), Zeta is a modern banking tech company providing an Omni Stack comprising modern credit and debit processing, BNPL, core banking and mobile experiences. The company, whic...