Zeta’s amazing year in the US - our journey is just getting started!
As we all gather around our families and loved ones for the holiday season with the year drawing to a close, it's also time to reflect on the eventful year we've had at Zeta. I wanted to take a few minutes to pen down a short retrospective and share with you, our clients, our partners, and our well-wishers.
We hit the ground running in May, when Softbank invested $250M in Zeta, valuing us at $1.45B. This marked one of the largest single investments in banking tech, and an affirmation of Zeta’s mission to bring a fully cloud-native and modern next-gen processing platform to banks and fintechs. We wrote about our mission in our company manifesto
Our card processing business grew to over 10M+ cards with 300M+ transactions per year globally - with a further contracted pipeline for a total of 60M+ cards. This would not have been possible without our exceptional technology and our teams and the trust of some of the largest issuers and banks in the world
Through the fall, we had the pleasure to meet with, learn from, and engage with leaders across a significant number of banks, fintechs, and partners in the US. We’ve learned enormously from each of these conversations, and formed some solid partnerships and friendships in the process
In October, we debuted our Omni Stack for credit cards to an audience of over 8000+ delegates at Money20/20 in Las Vegas. We celebrated our launch with an epic concert by rock-and-roll legends Journey. Enjoy a short recap of the Zeta experience at Money20/20 here
As the year closes, we’ve already inked our first few major customers & partnerships, with more on the way (more from us on this topic in early Q1)
We started the year with just a handful of employees in the US and have since brought on board an exceptional (and steadily expanding) team across sales, marketing, compliance, and operations. I’ve personally spent close to 25% of my time this year on hiring because it is truly one of the most impactful areas I am involved in. The energy of our team is incredible as we gear up for the coming year!
Thank you for your continued support in helping us achieve these milestones!
We look forward to continuing our collaboration in 2022.
