Is Zeller a bank?
Zeller, an out-of-the box payments provider for businesses, has raised a further $50 million of capital and laid out plans to become an APRA-regulated bank, as payments and transactions pave a path towards offering deposits and business loans.
Which company owns Zeller?
Zeller, a Melbourne-based fintech founded by former Square executives to serve small- to mid-sized businesses, has raised $50 million AUD (about $37.5 million USD) led by Spark Capital, the investment firm whose portfolio also includes Twitter, Slack and Coinbase.
What are Zeller cards?
Zeller Mastercard is included free, right in the box with the Zeller Terminal. ... Convenient spending — Make business purchases wherever Mastercard is accepted, both in-person and online. Absolute affordability — No annual card fee and fee-free domestic purchases means more affordable business spending.