Tech Company Financing Transactions
Zai Funding Round
Zai closed a $10 million venture capital round on 6/15/2016. Investors included Cultivation Capital, private investors and Rampersand.
Transaction Overview
Company Name
Announced On
6/15/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
555 Washington Ave.
St. Louis, MS 63101
USA
St. Louis, MS 63101
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Zai (formerly Assembly Payments, which was formerly PromisePay) powers fast, flexible and frictionless payments so platforms and marketplaces can build trust, improve user experience, and drive revenue, without the extra operational overheads and costs. In 2017, PromisePay rebranded to Assembly Payments. In 2021, Assembly Payments merged with CurrencyFair, and again rebranded, this time to Zai.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Lee
Chief Technical Officer
Simon Jones
Co-Founder
Darren McMurtrie
Co-Founder
Victor Zheng
Browse more venture capital transactions:
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Next: 6/15/2016: Qloo venture capital transaction
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