About Zing
Zing is a Financial Services company based in London (United Kingdom) founded in 2024 by James Allan. It operates as an international payments are enabled via wallet for consumers worldwide. It operates on a FinTech model. Zing has raised $1.57 million across 1 funding round from investors including Maven Capital Partners. Its chief executive is James Allan. Its website zing.me draws about 24 thousand monthly visits. Zing offers products and services including Zing Card. Its focus areas include Electronic Money and Payment Solutions. Its legal entity is MP Payments UK Limited. Its competitors include Wise, Intermex, CurrencyFair, 2C2P and Remessa Online and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Electronic money issuance and payment services are provided by Zing through MP Payments UK Limited. Operations are focused on facilitating transactions and managing customer funds securely. Funds are safeguarded in separate accounts, distinct from traditional banking deposits. The company operates within the financial services sector under regulatory oversight in the United Kingdom.
- Total Equity Funding$1.57M (USD)
in 1 rounds
- Latest Funding Round$1.57M (USD), Seed
May 2024
- Investors
Products & Services of Zing
Zing offers a comprehensive portfolio of products and services, including Zing Card.
Electronic money and payment services are provided.
Funding Insights of Zing
Zing has successfully raised a total of $1.57M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.57 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.57M
- Total Rounds 1
- Last Round Seed — $1.57M
- First Round $1.57M
(May 2024)
- Investors Count 1
All 1 funding rounds of Zing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $1.57M | Seed | – | Maven Capital Partners | – |
1 investors in total: 1 institutional.
Investors in Zing
Zing has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maven Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are targeted for private equity investments. | 2005 | mavencp.com | Birmingham, United Kingdom |
Investor details for Zing
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Zing
1 people are tracked at Zing (1 in leadership).
| Name | Role | Group |
|---|---|---|
James Allan | Founder & CEO | Leadership |
Complete people profiles for Zing
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- Full employee list
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- Board tenure
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Timeline of Zing
2 dated milestones of Zing, from founding to its latest funding, stage changes and deals.
- Founded Zing is founded.
- Funding First funding round of $1.6M.
Competitors of Zing
Zing has 9 listed competitors in our database, 7 of them funded. They include Wise, Intermex, CurrencyFair, 2C2P and Remessa Online, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wise.com | 2011 | Shoreditch, United Kingdom | $396.83M | 5,499 | Cross-border remittances are enabled for individuals and businesses via apps. | |
| intermexonline.com | 1994 | Miami, United States | – | – | Cross-border remittances are enabled for individuals and businesses. | |
| currencyfair.com | 2010 | Dublin, Ireland | $23.06M | – | Cross-border money transfers are enabled through CurrencyFair's platform. | |
| 2c2p.com | 2003 | Singapore | $85M | – | Payment processing solutions for businesses | |
| remessaonline.com.br | 2016 | Sao Paulo, Brazil | $21.53M | – | International payments are enabled online for consumers and businesses. | |
| transfergo.com | 2012 | London, United Kingdom | $109.2M | – | Cross-border remittances are enabled for consumers and businesses. | |
| westernunion.com | 1851 | Denver, United States | – | 196 | Provider of remittance services | |
| currenciesdirect.com | 1996 | London, United Kingdom | $184.28M | 108 | Cross-border remittances are enabled online for individuals and businesses. | |
| sentbe.com | 2015 | Seoul, South Korea | $1.66M | – | Cross-border remittance solution |
Detailed competitors of Zing
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- Full competitor set
- Operating metrics
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Web traffic of Zing
The website of Zing (zing.me) receives about 23.7K visits a month.
- Monthly visits23.7K
▲ 46.7% vs previous month
Websites whose visitors overlap most with Zing. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
electronicpaymentsinternational.com | electronicpaymentsinternational.com | 100% | – | #657,597 | – |
| myzing.com | 100% | – | #856,616 | View details | |
| coverager.com | 100% | 99.1K | #454,509 | View details | |
| fintechfutures.com | 100% | 247.5K | #188,215 | View details | |
| paymentsdive.com | 100% | – | #217,606 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Zing
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- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Zing (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about Zing
Complete news archive for Zing
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Frequently Asked Questions about Zing
Zing was founded in 2024.
Zing is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
James Allan is the current CEO of Zing. They have also founded this company.
Zing is a funded company, having raised a total of $1.57M across 1 funding round to date. The company's 1st funding round was a Seed of $1.57M, raised on May 2024.
Electronic money issuance and payment services are provided by Zing through MP Payments UK Limited. Operations are focused on facilitating transactions and managing customer funds securely. Funds are safeguarded in separate accounts, distinct from traditional banking deposits. The company operates within the financial services sector under regulatory oversight in the United Kingdom.
Zing's top competitors include Wise, TransferGo and Remessa Online.
Zing offers Zing Card.
Zing has 1 investor. Key investors include Maven Capital Partners.
Zing operates through Mp Payments Uk Limited.