Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new Zeta, a provider of banking software to banks and fintech startups,

The US-based banking software startup achieved unicorn status back in 2021, when it raised $250 million at a valuation of $1.15 billion in a funding round that included Japanese investment firm SoftBank.

Zeta today announced it has secured a $50 million investment from a strategic investor valuing it at $2 billion.

Zeta had previously been valued at a pre-money valuation of $1.15 billion, when it raised $250 million from Softbank Vision Fund 2 and other investors in 2021.

The latest valuation marks a 1.7x increase from its prior round in 2021, when the company secured $250 million from SoftBank Vision Fund 2 and other investors at a pre-money valuation of $1.15 billion.

Banking tech unicorn Zeta has secured $50 Mn (INR 434.3 Cr) in a fresh funding round from Optum at a valuation of $2 Bn

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally – the largest by any analyst firm in this space.