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Aya Lin · · 1 min readIn brief: Fintech firm Zeta closes first external funding round at $300m valuation
- Zeta, a fintech firm that runs a full-stack neo-banking platform and offers enterprise payments solutions, said its valuation reached US$300 million in its maiden outside funding, TechCrunch reported.
- Sodexo Benefits and Rewards Services funded Zeta’s series C round to take a minority stake in the company.
- The fintech firm will use the new capital to expand its business in the US, the UK, Europe, and Southeast Asia. It also plans to grow its team and set up offices in many more places across the globe.
- Zeta executives declined to reveal the size of the funding, but a person familiar with the matter said the amount raised was less than US$60 million.
Editing by Charmaine de Lazo
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