About Zoop
Zoop is a company based in Rio De Janeiro (Brazil) founded in 2018. It operates as a PaaS (Platform-as-a-Service), Commission-Based, and FinTech. Zoop has raised $29.7 million across 2 funding rounds from investors including Movile, Qualcomm Ventures and Avalancha Ventures. Zoop offers products and services including Unified Commerce, Online Payments, and In-Person Payments. Zoop operates in a competitive market with competitors including Comviva, Yoyo Wallet, Ondot Systems, MeaWallet and Ansa, among others.
- Headquarter Rio De Janeiro, Brazil
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Zoop, Uma Empresa Ifood
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.7 M (USD)
in 2 rounds
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Latest Funding Round
$11.4 M (USD), Series B
Sep 22, 2020
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Investors
Movile
& 3 more
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Employee Count
Employee Count
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Products & Services of Zoop
Zoop offers a comprehensive portfolio of products and services, including Unified Commerce, Online Payments, and In-Person Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified purchase journeys are created for seamless experiences.
Online payments are processed securely for efficient transactions.
In-person payments are facilitated for quick, secure transactions.
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Funding Insights of Zoop
Zoop has successfully raised a total of $29.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11.4 million completed in September 2020. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $11.4M
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First Round
First Round
(15 Mar 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Zoop | Valuation | Movile | |
| Mar, 2018 | Amount | Series A - Zoop | Valuation | Movile |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zoop
Zoop has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Movile, Qualcomm Ventures and Avalancha Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Early-stage tech-focused micro-VC funding companies in the US, Mexico, Brazil and Argentina
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Founded Year | Domain | Location | |
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Investments are focused on food delivery, ticketing, and logistics sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zoop
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zoop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zoop Comparisons
Competitors of Zoop
Zoop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Comviva, Yoyo Wallet, Ondot Systems, MeaWallet and Ansa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software platforms for telecommunications, digital payments, and experiences are provided.
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| domain | founded_year | HQ Location |
Rewards-based coalition loyalty platform
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| domain | founded_year | HQ Location |
Card-linked marketing solutions are offered to banks and financial institutions.
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| domain | founded_year | HQ Location |
SaaS-based TSM and mobile wallet solutions are provided for payments.
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| domain | founded_year | HQ Location |
White-label closed-loop payment systems are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zoop
Frequently Asked Questions about Zoop
When was Zoop founded?
Zoop was founded in 2018.
Where is Zoop located?
Zoop is headquartered in Rio De Janeiro, Brazil. It is registered at Rio De Janeiro, Rio De Janeiro, Brazil.
Is Zoop a funded company?
Zoop is a funded company, having raised a total of $29.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18.3M, raised on Mar 15, 2018.
What does Zoop do?
A comprehensive financial services infrastructure is offered by Zoop, a brand under the iFood group, to businesses across various sectors in Brazil. Customized purchase journeys are enabled through modular and efficient solutions, adapting to consumer profiles. Payment methods, both online and in-person, are integrated to map consumer behavior and create customer-centric experiences. Financial operations are centralized for strategic oversight, movement, and reconciliation. Security and compliance with regulatory standards are ensured, allowing businesses to innovate with branded financial services. Scalability and market competitiveness are supported through this platform.
Who are the top competitors of Zoop?
Zoop's top competitors include Comviva, Yoyo Wallet and Ondot Systems.
What products or services does Zoop offer?
Zoop offers Unified Commerce, Online Payments, and In-Person Payments.
Who are Zoop's investors?
Zoop has 4 investors. Key investors include Movile, Qualcomm Ventures, Avalancha Ventures, and Darwin Capital.
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