Zeta raises $30 Mn from Mastercard at $1.5 Bn

Modern banking tech company Zeta has raised $30 million as a part of strategic investment from Mastercard and other investors, taking the company’s valuation to $1.5 billion. This is a continuation of the SoftBank led $240 million funding round that Zeta raised in May last year. The round valued the company at $1.45 billion, marking its entry into India’s unicorn club.  Mastercard’s investment in the Mumbai-based Zeta is a part of a strategic five-year partnership in which both companies will offer their credit management offerings and card-processing product stack. Continue reading Zeta raises $30 Mn from Mastercard at $1.5 Bn at Entrackr.

Zeta raises $30 Mn from Mastercard at $1.5 Bn

Zeta raises $30 Mn from Mastercard at $1.5 Bn

Modern banking tech company Zeta has raised $30 million as a part of strategic investment from Mastercard and other investors, taking the company’s valuation to $1.5 billion.

This is a continuation of the SoftBank led $240 million funding round that Zeta raised in May last year. The round valued the company at $1.45 billion, marking its entry into India’s unicorn club. 

Mastercard’s investment in the Mumbai-based Zeta is a part of a strategic five-year partnership in which both companies will offer their credit management offerings and card-processing product stack.