Zeller

Financial management tools and zero-cost EFTPOS services

Melbourne, Victoria, Australia

About Zeller

Zeller provides a suite of financial management tools designed for businesses, focusing on zero-cost EFTPOS services that allow companies to accept in-person payments without extra fees. This is especially advantageous for small to medium-sized businesses aiming to lower their operational costs. In addition to EFTPOS, Zeller offers features such as unlimited invoicing, online payment acceptance, customer information management, and expense tracking, all accessible through a single online dashboard. The company operates on a freemium model, allowing businesses to sign up for free and access various tools, while generating revenue through transaction fees and premium features. Zeller distinguishes itself with a user-friendly setup process, local customer support available seven days a week, and dedicated account management to help businesses fully utilize its services. The goal of Zeller is to empower businesses to manage their finances more effectively and efficiently.

Melbourne, AustraliaHeadquarters
2020Year Founded
$119.1MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Risks

Increased competition in zero-cost EFTPOS services could erode Zeller's market share.
Potential security vulnerabilities in Zeller Terminal 2 could expose the company to fraud.
Zeller's reliance on transaction fees for revenue could be impacted by regulatory changes.

Differentiation

Zeller offers zero-cost EFTPOS services, reducing operational costs for small businesses.
Zeller Terminal 2 integrates with over 600 third-party POS platforms, enhancing flexibility.
Zeller's Tap to Pay on Android simplifies contactless payments without additional hardware.

Upsides

Zeller's partnership with Oracle enhances operational efficiency for restaurants.
Tap to Pay on Android positions Zeller as a leader in contactless payments.
Zeller's rapid product development meets market demands swiftly, setting it apart.

Funding

Total raised$119.12 M
Latest valuation$1.00 B
StageSERIES_B