Fintech unicorn Zeta has recently secured a $50 million investment from Optum, a U.S.-based healthcare and financial services firm, elevating its valuation to $2 billion. This significant funding round underscores Zeta’s rapid growth and its pivotal role in modernizing banking technology.
Background on Zeta
Founded in 2015 by Bhavin Turakhia and Ramki Gaddipati, Zeta offers a cloud-native platform that enables financial institutions to manage credit cards, loans, and deposit accounts. The company’s solutions are designed to replace outdated banking systems, providing enhanced speed, agility, and user experiences. Zeta serves over 25 million accounts globally, with contracts to add another 25 million.
