Full-Time
Zeta
1,001-5,000 employees
Cloud-native payment card processing platform
No salary listed
Senior, Expert
Hyderabad, Telangana, India
- 6-10 years of experience in distributed systems, storage systems, or databases, algorithms and data structures and/or Unix/Linux systems internals (e.g., filesystems, system calls) and administration.
- Experience designing, analyzing, and troubleshooting large-scale distributed systems.
- Experience in MySQL or Postgres SQL in database.
- Hands-on experience on operating with k8s and any cloud.
- Excellent communication skills and a sense of ownership, with a systematic problem-solving approach.
- Establish a SRE site and help build an effective, inclusive SRE team.
- Provide technical leadership for the local team and work closely with partner team technical leads and cloud leadership.
- Provide guidance to other team members on managing availability and performance of mission critical services, on building automation to prevent problem recurrence, and building automated responses for non-exceptional service conditions.
- Manage execution of project priorities, deadlines, and deliverables.
- Lead Incident Management during Incidents.
- Responsible for driving MTTR as per the Incident SLA.
- Responsible for having 100% coverage for various alerts covering Application, Infrastructure, Security, Flows etc.
Zeta provides a platform for banks, financial institutions, and fintech companies to manage payment card programs. Their main product, the Omni Stack, allows clients to efficiently launch and oversee digital credit, debit, and prepaid card services. This platform integrates with existing systems through APIs, making it easier for users to process payments. Zeta stands out from competitors by focusing on embedded banking solutions and ensuring compliance with industry regulations. The company's goal is to make payments seamless and less noticeable in everyday transactions.
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$430M
Headquarters
San Francisco, California
Founded
2015
Simplify's Take
What believers are saying
- Zeta raised $50M, valuing the company at $2B, indicating strong investor confidence.
- Partnership with Sparrow Financial highlights Zeta's capabilities in serving underserved markets.
- Growing demand for cloud-native banking solutions aligns with Zeta's offerings.
What critics are saying
- Increased competition from emerging fintech startups could erode Zeta's market share.
- Over-reliance on key partnerships like Sparrow Financial poses potential risks.
- Regulatory changes in key markets could increase compliance costs for Zeta.
What makes Zeta unique
- Zeta's Omni Stack enables rapid launch of digital card programs.
- Zeta's platform is cloud-native and fully API-enabled for seamless integration.
- Zeta is recognized for strong regulatory compliance, adhering to global standards.
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Benefits
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -4%2 year growth
↓ -1%Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation.
Zeta, a modern banking tech company, has raised $50 million from an undisclosed strategic investor, valuing the company at $2 billion. Zeta became a unicorn in May 2021 with a $250 million Series C round from SoftBank Vision Fund 2. The company also received $30 million from Mastercard in March 2022 at a $1.5 billion valuation. Zeta's Indian entity reported a 9.42% revenue increase to ₹893.12 crore in FY24, with PAT rising 5.4x to ₹119.82 crore.
SAN FRANCISCO--(BUSINESS WIRE)--Zeta, a leading provider of next-gen card processing solutions to banks and credit unions, is proud to announce its partnership with Sparrow Financial to power the most modern credit card program in existence for non-prime customers.Sparrow is founded by industry veterans - Evan Feldman and Lisa Sturm - who have spent 30+ years building and managing large-scale credit card portfolios. They embarked on a quest for a modern card processing solution to launch a differentiated card program for underserved Americans. After meticulous evaluation of various card processors, they chose Zeta's Tachyon platform.Evan Feldman, Co-CEO of Sparrow Financial, said: “Sparrow has built the #1 credit card experience for the underserved in every respect, from a seamless application journey and instantaneous underwriting, a user-friendly mobile app, cutting-edge virtual card experience, a hassle-free repayment process, and an operations center that puts the customer first. This achievement has been made possible through the next-gen capabilities and integrated stack of Zeta.”The Sparrow credit card went live in October 2023, leveraging Zeta for card processing, mobile app, servicing, and advanced data & analytics capabilities. And, in under 6 months of launch, it has received glowing reviews for its intuitive and modern experience from customers with consistently high ratings on Credit Karma and mobile app stores, such as:Great card, easy to use app | ⭐⭐⭐⭐⭐“The virtual card is available right away on the app, which was super convenient. Overall the app is really easy to use, especially compared to some of my other cards.”| ⭐⭐⭐⭐⭐ “The virtual card is available right away on the app, which was super convenient
Zeta, a banking software provider, raised $50 million from Optum at a $2 billion valuation, a 70% increase from its $1.15 billion valuation in 2021. Founded by Bhavin Turakhia and Ramki Gaddipati, Zeta serves 25 million accounts and plans to add another 25 million. Its major clients include HDFC Bank and Sparrow Financial. The company aims for profitability by March 2026 and intends to capture 25% of the market share in the next decade.