Zoop is the leading fintech company for financial services in the B2B market. Zoop moves money through a complete financial services platform in the cloud, enabling partners to become fintechs.
Zoop's platform allows partners to receive, process and manage payments using their own brands.
Zoop was founded in 2014 by Fabiano Cruz and Rodrigo Miranda. The company is headquartered in Rio de Janeiro, Rio de Janeiro, Brazil.
Zoop's mission is to dematerialize the payments and financial services industry and promote the construction of new fintechs, generating new transactional revenue streams for our partners.
Zoop operates in mobile payments, banking as a service (BaaS) and credit. Its platform and products combine technology and regulatory compliance, allowing any company — be it a startup, a marketplace, or even a large enterprise — to create and offer its own branded financial services (white label) in a simple, efficient and secure way.
Zoop has more than 500 partners on its platform. The company grew four times the total volume of 2018 last year, and it forecasts that it will process 20 billion transactions on the Zoop platform by the end of 2020.
Zoop is backed by Movile, Qualcomm Ventures, Avalancha Ventures, Avalancha Ventures and others. The company raised R$ 60M ($11.4M) in Series B round on Sep 22, 2020. This brings Zoop's total funding to $31M to date.