Payment Startup Zooz Launches New Payment Platform
Zooz develops and operates a payment consolidation and analytics platform for e-commerce sites
E-commerce payment startup Zooz Inc. has announced the official launch of a new cloud-based payments platform, PaymentsOS, on Thursday. The platform went live a few months ago and had already processed millions of transactions from leading global merchants and payment service providers, the company said.
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Zooz develops and operates a payment platform consolidating a variety of online payment methods and providing payment analytics for e-commerce sites.
Zooz CEO Oren Levy. Photo: Nimrod Glickman
Founded in 2010, Zooz is headquartered in central Israel and has additional offices in Berlin and San Francisco. The company raised $39.5 million in funding from investors including Target Global Ventures, Fang Fund Partners, iAngels, Kreos Capital, Blumberg Capital, and lool Ventures.
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“Most of the existing payments infrastructures were built decades ago and lack flexibility and scalability,” Oren Levy, founder and CEO of Zooz, said in a statement, adding that the new platform will offer users “full control of their payments operation with better analytics, insights, and routing capabilities.”
