Tech Company Financing Transactions
Zepto Payments Funding Round
AirTree Ventures and Decade Partners invested in a $18.8 million Series A venture round for Zepto Payments. The financing round was announced on 3/28/2022.
Transaction Overview
Company Name
Announced On
3/28/2022
Transaction Type
Venture Equity
Amount
$18,800,000
Round
Series A
Investors
AirTree Ventures (Lead Investor)
Decade Partners (Lead Investor)
Proceeds Purpose
The startup will use the latest funding to advance its functionalities on top of the NPP's PayTo framework and accelerate its international expansion, starting with New Zealand, driven by growing demand for Zepto's infrastructure in the region, Jewell said. After New Zealand, Zepto wants to enter the U.S.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
PO Box 1304 Byron Bay
New South Wales, 2481
Australia
New South Wales, 2481
Australia
Phone
Undisclosed
Website
Email Address
Overview
Developer of an open banking and real-time payment management platform designed to deliver a direct entry funding solution for the digital economy. The company's platform features intelligence clearance, real-time settlement, consent management, instant account verification and other related features that provide ongoing data insights to avoid the typical payment pain points including dishonor fees, high transactional costs, delayed clearance and unauthorized adjustments, enabling businesses to use data insights to provide better financial outcomes for their customers, improve approval times and offer reliable bank transfer capabilities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christopher Jewell
Chief Operating Officer
Matthew Zaina
Chief Technical Officer
Trevor Wistaff
Co-Founder
Matthew Cheers
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