Zooz

Company Overview

Snapshot

Founded in July 2010 by Ronen Morecki, Eyal Kotler, and Oren Levy, Zooz operated with 51–200 employees. The company raised $39.5 million across 4 funding rounds from 21 investors. In July 2018, Zooz was acquired by PayU.

Business overview

Zooz provides a data-driven payment platform that consolidates and analyzes payment data to offer valuable insights to merchants. This enables them to personalize customer experiences both online and in-store. The company's technology allows merchants to connect with multiple financial institutions, integrate various payment methods and third-party services, and intelligently route transactions. Zooz operates within the Fintech & Insurtech sector, focusing on mobile payments, and serves markets including Japan and the United States.

Strategic signal

In July 2018, Zooz was acquired by PayU, marking a significant exit for the company and its investors. This acquisition highlights the strategic value of Zooz's payment processing technology and its potential to enhance PayU's international payment services, signaling consolidation and expansion within the global fintech landscape.

Company Intelligence Q&A

What was a significant exit event for Zooz?

In July 2018, Zooz was acquired by PayU, leading to its current status as an inactive entity.

When did Zooz last raise a funding round?

Zooz raised a funding round in May 2016, with participation from investors including XSeed Capital and Target Global.

Which investors participated in Zooz's July 2014 funding round?

In July 2014, Zooz received funding from investors such as XSeed Capital and Rhodium.

When did Zooz launch its new platform, PaymentsOS?

Zooz launched its new platform, PaymentsOS, in May 2018. This platform aimed to provide a data-driven payment solution for merchants.

What was Zooz's earliest disclosed funding round?

Zooz secured a Seed funding round in November 2011, with investors including A.M. Holdings and lool ventures.