Zoop is a technology company.
Zoop has raised $19.8M across 2 funding rounds.
Zoop has raised $19.8M in total across 2 funding rounds.
Zoop (zoop.com.br) is a prominent Brazilian fintech company founded in 2013, headquartered in Rio de Janeiro, that provides a B2B platform enabling businesses to operate as payment institutions through white-label technology.[3][2] It offers APIs for payment terminals (POS and MiniPos), online payments, split payments, and fund anticipation, processing over 2 billion financial operations monthly and serving 1,000+ companies across segments.[2][3] With $34M in total funding, including a recent round, Zoop targets small businesses and fintechs, earning recognition as a top innovative company in Latin America by Fast Company and Daily Finance in 2021.[2][3]
The platform solves payment infrastructure challenges by allowing seamless integration and rapid deployment, reducing launch times for payment services.[2] Zoop's growth momentum includes scaling to 266 employees, $55.9M revenue, and partnerships like GitProtect for secure backups, positioning it as a key player in LatAm's instant payment ecosystem.[2][3]
(Note: Other entities like Zoop System (zoopsystem.com), a customizable operations platform, and Zoop.net, enterprise software, appear distinct and less aligned with "fintech" prominence.[1][5])
Zoop was founded in 2013 in Rio de Janeiro, Brazil, emerging as a response to the need for accessible payment infrastructure in Latin America's underserved small business sector.[3][2] While specific founders are not detailed in available sources, the company quickly gained traction by developing a white-label platform that lets any business launch payment services via APIs for POS terminals, online payments, and features like splits and anticipation.[2] Pivotal moments include 2021 accolades: Daily Finance listed it among the best fintech startups innovating financial services, and Fast Company named it a Top 10 Most Innovative Company in Latin America for empowering small businesses with banking tools.[2] Early adoption by 1k+ companies and processing 2B+ monthly operations marked its rise, bolstered by $34M in funding.[3]
Zoop rides the wave of instant payments and open banking in Latin America, where Pix (Brazil's instant payment system) has exploded, processing billions monthly and pressuring legacy banks.[2] Timing is ideal post-2021 recognitions, aligning with regional fintech booms fueled by digital adoption among SMEs lacking banking access—Zoop's white-label model democratizes payments, helping 1k+ firms compete.[2][3] Market forces like high mobile penetration and regulatory shifts favor it, as does API-first design integrating with POS and e-commerce. It influences the ecosystem by accelerating fintech launches, fostering innovation in underserved markets, and setting benchmarks for scalable, secure payment tech amid global trends like embedded finance.[2]
Zoop is poised for expansion as LatAm's payment digitization accelerates, potentially deepening Pix integrations and entering new markets with its battle-tested platform.[2][3] Trends like AI-driven fraud detection, cross-border payments, and Web3 (echoing a separate Zoop NFT venture) will shape it, amplifying its 2B+ operations scale.[2][3] Influence may evolve toward ecosystem enabler, powering more unicorns via white-label tech—watch for funding rounds pushing toward IPO amid Brazil's fintech surge. This fintech powerhouse exemplifies how targeted infrastructure unlocks SME potential in emerging economies.[2][3]
Zoop has raised $19.8M in total across 2 funding rounds.
Zoop's investors include Avalancha Ventures.
Zoop has raised $19.8M across 2 funding rounds. Most recently, it raised $19.0M Series A in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2018 | $19.0M Series A | Avalancha Ventures | |
| Mar 1, 2016 | $800K Seed | Avalancha Ventures |