Zai Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 250

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 1

Zai General Information

Description

Developer of an online payment gateway system designed to revolutionize payments and help businesses harness opportunities presented by the digital age. The company's platform sends and receives funds quickly and easily by simplifying payment complexity and automating pay-ins and pay-outs, so customers get paid promptly, enabling business organizations to handle large transactions reliably as the business grows while maintaining maximum compliance.

Contact Information

Website
www.hellozai.com
Formerly Known As
Assembly Payments, PromisePay
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • Level 1, 55 Collins Street
  • 120 Spencer Street
  • Melbourne, Victoria 3000
  • Australia
+61 1300
Primary Industry
Other Financial Services
Other Industries
Financial Software
Parent Company
CurrencyFair
Vertical(s)
Artificial Intelligence & Machine Learning, FinTech, B2B Payments
Corporate Office
  • Level 1, 55 Collins Street
  • 120 Spencer Street
  • Melbourne, Victoria 3000
  • Australia
+61 1300

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Zai Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC 04-May-2022 Completed Generating Revenue
9. Merger/Acquisition 07-Apr-2021 Completed Generating Revenue
8. Later Stage VC Completed Generating Revenue
7. Secondary Transaction - Private Completed Generating Revenue
6. Later Stage VC 01-Jan-2019 Completed Generating Revenue
5. Early Stage VC (Series A) 15-Jun-2016 Completed Generating Revenue
4. Early Stage VC 08-Dec-2015 Completed Generating Revenue
3. Seed Round 24-Jun-2015 Completed Generating Revenue
2. Accelerator/Incubator 22-Apr-2014 $100K $250K Completed Generating Revenue
1. Seed Round 25-Nov-2013 $150K $150K Completed Generating Revenue
To view Zai’s complete valuation and funding history, request access »

Zai Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online payment gateway system designed to revolutionize payments and help businesses harness opportuniti
Other Financial Services
Melbourne, Australia
250 As of 2022

Des Moines, IA
 

Alpharetta, GA
 
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Zai Competitors (58)

One of Zai’s 58 competitors is Dwolla, a Private Equity-Backed company based in Des Moines, IA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Dwolla Private Equity-Backed Des Moines, IA
MerchantE Formerly PE-Backed Alpharetta, GA
Helcim Venture Capital-Backed Calgary, Canada
Netcash Corporate Backed or Acquired Cape Town, South Africa
2C2P Private Equity-Backed Singapore, Singapore
You’re viewing 5 of 58 competitors. Get the full list »

Zai Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Zai Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
CAR Group (Australia) Corporation Minority
Cultivation Capital Venture Capital Minority
Frontline Ventures Venture Capital Minority
Angel (individual) Minority
You’re viewing 5 of 11 investors. Get the full list »

Zai Investments & Acquisitions (2)

Zai’s most recent deal was a Merger/Acquisition with CurrencyFair. The deal was made on 04-Nov-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CurrencyFair 04-Nov-2021 Merger/Acquisition Financial Software
Payment Solutions (Standard Chartered / Assembly Payments) 17-Feb-2020 Joint Venture Financial Software
To view Zai’s complete investments and acquisitions history, request access »

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Zai Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
CurrencyFair Dublin, Ireland 2009

Zai FAQs

  • When was Zai founded?

    Zai was founded in 2013.

  • Where is Zai headquartered?

    Zai is headquartered in Melbourne, Australia.

  • What is the size of Zai?

    Zai has 250 total employees.

  • What industry is Zai in?

    Zai’s primary industry is Other Financial Services.

  • Is Zai a private or public company?

    Zai is a Private company.

  • What is Zai’s current revenue?

    The current revenue for Zai is .

  • How much funding has Zai raised over time?

    Zai has raised $17.1M.

  • Who are Zai’s investors?

    , CAR Group (Australia), Cultivation Capital, Frontline Ventures, and are 5 of 11 investors who have invested in Zai.

  • Who are Zai’s competitors?

    Dwolla, MerchantE, Helcim, Netcash, and 2C2P are some of the 58 competitors of Zai.

  • When was Zai acquired?

    Zai was acquired on 04-May-2022.

  • Who acquired Zai?

    Zai was acquired by CurrencyFair.

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