What is ZoodPay?
Founded in 2019 and headquartered in Switzerland, ZoodPay is dedicated to providing a "Swiss quality" shopping experience and robust cross-border services. The company targets merchants and shoppers in fast-growing emerging markets, focusing on the fintech and e-commerce industries. ZoodPay aims to bridge the gap in digital commerce by offering reliable and high-quality solutions.
How much funding has ZoodPay raised?
ZoodPay has raised a total of $38M across 1 funding round:
Series B
$38M
Series B (2021): $38M with participation from Zain-Ventures and Sturgeon Capital
Key Investors in ZoodPay
Zain-Ventures
Zain Ventures is a global investment firm with a diversified portfolio, focusing on startups, real estate, stocks, and private equity. They aim for long-term strategic investments and actively seek strong startup opportunities, particularly in the PropTech sector.
Sturgeon Capital
Sturgeon Capital is an investment firm that specializes in providing capital solutions and advisory services within emerging markets, supporting companies with strategic financial backing.
What's next for ZoodPay?
The recent major strategic investment signals a new phase of growth and expansion for ZoodPay. This capital infusion is expected to fuel further development of its platform, enhance its cross-border capabilities, and solidify its market position in key emerging economies. The company is poised to leverage this backing to scale its operations and deepen its impact on the fintech and e-commerce landscape.
See full ZoodPay company page
