Mastercard, a financial services corporation, completed the acquisition of a minority stake in Zeta, a banking tech unicorn and provider of next-gen credit card processing to banks, for $30m. “With Zeta’s next-gen credit card processing platform, we are fundamentally rewiring how issuers launch credit card programs by offering new paradigms over legacy mainframe systems. Amongst other benefits, our stack allows issuers to increase the lending book by composing contextual upsells using our extensive APIs and SDKs; reduce costs via pay-as-you-go SaaS billing; improve customer satisfaction by launching rich, self-serve experiences for card holders; and launch and iterate faster using our infinitely scalable cloud-native deployment. In Mastercard, we have a partner that is committed to undertake this journey with us and truly believes in this mission," Bhavin Turakhia, Zeta Co-Founder & CEO.