Zeta® is in the business of providing a full-stack, cloud-native, API-first neo-banking platform including a digital core and a payment engine for issuance of credit, debit, and prepaid products that enable legacy banks and new-age fintech institutions to launch modern retail and corporate fintech products. Co-founded by Bhavin Turakhia (CEO) and Ramki Gaddipati (CTO), Zeta currently provides its platform and products to BFSI issuers in India, Asia, and LATAM. Zeta’s products are used by banks like RBL Bank, IDFC First Bank, and Kotak Mahindra Bank, 14000 corporates and over 2 million users. Zeta is a SOC 2, ISO 27001, ISO 9001:2008, PCI DSS certified company. Zeta has over 900 employees and clocks over 1 million transactions per day.
Location: United States, California, San Francisco
Employees: 1001-5000
Total raised: $300M
Valuation: $2B
Founded date: 2015
Funding Rounds 2
| Date | Series | Amount | Investors |
| 11.02.2025 | - | $50M | - |
| 24.05.2021 | Series C | $250M | - |
Mentions in press and media 19
| Date | Title | Description |
| 15.02.2025 | Biggest Startup Investments This Week: Feb 08–14 The Indian startup ecosystem saw a flurry of funding activity this week, with major investments pouring into fintech, legal tech, cloud computing, and ... | Bengaluru-based ToneTag is a fintech startup specialising in sound-based contactless transactions. Founded in 2013 by Vivek Singh and Kumar Abhishek, ToneTag offers voice commerce solutions that enable businesses to integrate voice-powered... |
| 12.02.2025 | The Ripple Effect: Satin Creditcare's Profit Plunge and the Adani Indictment Controversy | In the world of finance, numbers tell stories. Satin Creditcare Network Limited (SCNL) recently reported a staggering 71% drop in its net profit for the third quarter of FY25. This decline, from ₹108 crore to ₹31 crore, raises eyebrows and ... |
| 11.02.2025 | SoftBank-backed Zeta’s valuation hits $2 bn in new funding round | Zeta's Bhavin Turakhia and Ramki Gaddipati Zeta, a banking technology unicorn that counts SoftBank and Mastercard as its investors, said Tuesday it has secured $50 million in investment from US-based healthcare company Optum. With the lates... |
| 11.02.2025 | Satin Creditcare reports 71% drop in Q3 profit amid industry headwinds | The shares of Satin Creditcare Network Limited closed at ₹140.62 on the NSE today, up ₹0.19 or 0.14 per cent. Satin Creditcare Network Limited (SCNL) reported a 71 per cent decline in standalone net profit to ₹31 crore for the quarter ended... |
| 11.02.2025 | India: Banking tech startup Zeta raises $50m funding at $2b valuation | Banking technology startup Zeta on Tuesday announced that it has secured a $50-million investment from a strategic investor at a valuation of $2 billion. |
| 11.02.2025 | Zeta: $50 Million Raised At $2 Billion Valuation For Banking Tech Platform | Zeta, a next-gen banking tech provider to financial institutions, announced it has secured a $50 million investment from a strategic investor valuing it at $2 billion. Zeta was previously valued at a pre-money valuation of $1.15 billion whe... |
| 11.02.2025 | Banking Tech Innovator Zeta Hits USD 2 Bn Valuation with USD 50 Mn Fund Raise The Mumbai-based brand, which became a unicorn in 2021, was previously valued at USD 1.15 billion during its USD 250 milli... | Zeta, a next-generation banking technology provider for financial institutions worldwide, announced a USD 50 million investment from a strategic investor, bringing its valuation to USD 2 billion. The Mumbai-based company, which became a uni... |
| 13.08.2024 | Blend Labs: Navigating the Mortgage Tech Landscape Amidst Shifting Rates | Blend Labs, a prominent player in the mortgage technology sector, is facing a pivotal moment. The company reported a loss in the second quarter of 2024, but there’s a glimmer of hope on the horizon. As interest rates decline, Blend is optim... |
| 08.08.2024 | Driving Financial Inclusion: NPST's Role in India's Digital Revolution The digital ecosystem in India, especially in Finance has seen growth due to various factors. The government's push towards mass ... | The digital ecosystem in India, especially in Finance has seen growth due to various factors. The government's push towards mass digitalization, increase in internet penetration, and digital transformation enablers help integrate these tech... |
| 10.05.2024 | Zeta launches digital credit as service for banks in India | Banking tech unicorn Zeta, has launched digital credit-as-a-service product for banks. The offering is based on NPCI’s credit line on UPI scheme - which uses the UPI network to turbo-charge credit issuance in India. Also read:A decade of fa... |
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