Zoop provides APIs and SDKs that enable businesses to create, offer, and manage financial services under their own brand. Their platform democratizes access to payment methods and financial services in Latin America, simplifying development and reducing bureaucratic hurdles.
Funding
$34.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses in Latin America face complexities and bureaucratic obstacles when trying to integrate and manage financial services under their own brand, hindering their ability to offer customized payment solutions and financial products. This often leads to increased development time, higher costs, and a slower time to market for new financial service offerings.
Solution
Zoop provides a Payments as a Service (PaaS) infrastructure that enables businesses to create, offer, and manage financial services with their own branding. Through a suite of APIs and SDKs, Zoop simplifies the integration of various payment methods and financial solutions, reducing development complexities and bureaucratic hurdles. The platform supports unified commerce by integrating online and offline sales channels, offering a comprehensive view of customer behavior and enabling personalized buying experiences. Zoop's infrastructure is designed to be modular and efficient, allowing businesses to innovate and scale their financial services while maintaining compliance with financial regulations.
Target Audience
Zoop primarily targets enterprises, mid-sized businesses, and startups in Latin America looking to embed financial services into their offerings and create branded payment experiences for their customers.
Features
- Unified Commerce: Integrates online and offline sales channels for a consolidated view of sales data.
- Online Payment Solutions: Facilitates secure online payments via credit card, Pix, boleto, and payment links.
- In-Person Payment Solutions: Supports payments through Tap to Pay, SmartPOS, POS, mPOS, and PINPad terminals.
- Split Payments: Automates the division of payments to multiple parties, streamlining revenue distribution.
- White-Label Solutions: Allows businesses to offer financial services under their own brand.
- API-First Infrastructure: Provides a developer-friendly platform for easy integration and customization.
- Recurring Payments: Enables subscription-based payment models with automated billing.
- Tokenization: Enhances payment security and streamlines the checkout process for repeat purchases.
- Receivables Anticipation: Offers the option to receive future payments immediately.
- Reconciliation: Unifies financial transactions from various channels into a single environment.