About
Zooz provides a data-driven payment platform that consolidates and analyzes all payment data to provide valuable information to merchants, enabling them to personalize customer experiences online and in-store. Zooz offers merchants the flexibility to connect with multiple financial institutions; integrate acquirers, e-wallets, alternative payment methods, fraud management, and other third-party services; and intelligently route transactions throughout the entire payment process. The company's technology helps businesses extend their reach, reduce decline rates, increase revenues, maintain strong customer relationships, and meet the challenges of the global market.
Funding history · 4 rounds · $39.5M total
Company Intelligence Q&A
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- When was Zooz founded and what was its initial focus?
- Zooz was founded in July 2010. It provides a data-driven payment platform that consolidates and analyzes payment data for merchants.
- What was the total amount of funding raised by Zooz before its acquisition?
- Zooz raised a total of $39.5 million USD across multiple funding rounds.
- Which company acquired Zooz and when did the acquisition take place?
- Zooz was acquired by PayU in July 2018 for $80 million USD.
- What was Zooz's last funding round before its acquisition?
- Zooz completed a Series C funding round in May 2016, raising $24 million USD.
- Who were some of the lead investors in Zooz's Series C funding round?
- Key investors in Zooz's Series C round included XSeed Capital and Target Global.
- What new platform did Zooz launch in May 2018?
- In May 2018, Zooz launched its new platform called PaymentsOS.
- How many employees did Zooz have around January 2015?
- According to a January 2015 report, Zooz was hiring 100 employees.
- What was the primary sector classification for Zooz?
- Zooz's primary sector classification was Fintech & Insurtech.