Banking tech start-up Zeta hires Karla Booe as chief compliance officer
Booe previously spent over 27 years at FIS as the firm’s deputy chief compliance officer.
Booe previously spent over 27 years at FIS as the firm’s deputy chief compliance officer.
The payments giant has also invested $30 million, alongside other investors, into Zeta.
Featuring Circle, Forter, Zeta, PaySend, and Agicap.
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
Currently, the start-up makes money on partial interchange fees.
The investment came from Sodexo at a valuation of $300 million.
Competition in the corporate meal voucher market in India is heating up as providers are launching alternatives to paper vouchers, which the Reserve Bank of India will no longer allow beyond 2017. Among them is online commerce platform Paytm and electronic payments provider Zeta.