Zeta aims for profitability by FY26 after securing $50 million in strategic funding

Banking tech provider Zeta has secured fresh $50 million in strategic funding, pushing its valuation to $2 billion. That’s a 1.7x jump from its previous pre-money valuation of $1.15 billion in 2021. Zeta’s platform enables financial institutions to launch extensible and compliant asset and liability products rapidly. It has supported over 25 million accounts on its cloud-native processing platform in the past few years and is on track to add another 25 million.

Zeta aims for profitability by FY26 after securing $50 million in strategic funding
Banking tech provider Zeta has secured fresh $50 million in strategic funding, pushing its valuation to $2 billion. That’s a 1.7x jump from its previous pre-money valuation of $1.15 billion in 2021. Zeta’s platform enables financial institutions to launch extensible and compliant asset and liability products rapidly. It has supported over 25 million accounts on its cloud-native processing platform in the past few years and is on track to add another 25 million.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

FEDA-HQ The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.