Mastercard invests in fintech unicorn Zeta, will jointly launch credit cards
Shortpedia
Content Team
Image Credit: businesstoday
Fintech unicorn, Zeta, has raised $30 Mn in a fresh round of strategic funding from payments giant, MasterCard, and a clutch of other investors. With this, Zeta’s total valuation has now soared to over $1.5 Bn. Under the deal, the two parties will jointly launch credit cards on Zeta’s credit processing stack. The deal will enable Zeta to leverage Mastercard’s fraud prevention tools and loyalty solutions for its platform.
