Zeta is a leading provider of banking software for banks and fintech startups, enabling financial institutions to launch and manage innovative products with speed, flexibility, and compliance. Its cloud-native, fully API-enabled platform supports a wide range of financial products and services, including cards, loans, and deposits. Zeta’s comprehensive suite empowers institutions to innovate at scale, quickly adapt to regulatory changes, and deliver personalized customer experiences. By offering modular, extensible solutions, Zeta helps financial organizations stay competitive in an increasingly digital landscape.
Zeta has raised $50 million from a strategic investor, increasing the company’s valuation to $2 billion. With the fresh funding, the company will continue to strengthen its position as a next-gen banking technology provider, enabling financial institutions to launch modern banking products through its MACH (microservices-based, API-first, cloud-native, and headless) platform.
Zeta, San Ramon, California, United States, was founded in 2015 by Bhavin Turakhia and Ramki Gaddipati. In 2021, the company joined the unicorn club. Zeta operates in key markets across the United States, the Middle East, Asia, and Europe, with a strong presence in India, where its regional headquarters is located. “Over the past few years, we have supported over 25 million accounts on our cloud-native processing platform Tachyon and are on track to add 25 million more with contracts already in flight. Our clients are breaking away from decades of legacy systems to deliver amazing digital experiences, thereby increasing their customer satisfaction and accelerating new user acquisition,” said Zeta’s global CEO and co-founder, Bhavin Turakhia.
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