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New Deal


Announced

Completed

SoftBank Vision Fund 2 led a $250m Series C round in Zeta.

Financials

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Transaction Value£176m
Consideration TypeCash
Capital Owned-
Capital Bid For17%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Venture Capital

Single Bidder

Private

Cross Border

Minority

Private Equity

Completed

financial services

enterprise payments

neo-banking

Financial Data and Systems

India

Synopsis

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SoftBank Vision Fund 2 led a $250m Series C funding round in Zeta, a fintech startup. Existing investor Sodexo participated as an additional minority investor in the round. The proceeds of this funding round will be used to accelerate Zeta’s growth in the United States and Europe including scaling its operations, team, and platform to meet the demands of its expanding customer base. “We are privileged to have SoftBank join us in this exciting journey as we together disrupt the stagnant landscape of banking tech. With Zeta, FIs can leverage a modern, cloud native platform and improve speed to market, agility, cost to income ratio and user experience," Bhavin Turakhia, Zeta CEO.

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