Zebit Closes $25M Series D Funding

Zebit, an end-to-end big data platform for financial transactions, has closed a $25m series D funding.

The round was led by Mohr Davidow Ventures, which joins Crosslink Capital, Leapfrog Ventures, QED Investors, and a number of private strategic advisors.

Zebit’s San Diego, CA- and Edgware, UK-based parent company Global Analytics Holdings, Inc. intends to use the capital to further develop its platform-as-a-service in the financial sector as well as expand its micro-lending business.

Led by CEO Michael Thiemann, Zebit was launched in 2011 as a scalable platform for responsible financial transactions. It allows micro-lending businesses such as online retailers, who want to do business with customers with low access to credit, to do so in a customizable platform from start to finish.
With a proven micro-lending initial launch market in the UK, Zebit has already completed over a million transactions.



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