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Acquired | Acquired

About Z2P

Zaitech Technologies, dba Z2P, is a micro-lending institution that uses deep tech automation and artificial intelligence to make sure that Peer-to-Peer lending and its benefits reach the Indian masses.

Z2P Headquarter Location

1st Floor, T-Hub Gachibowli, Hyderabad

Telangana, 500032,

India

Latest Z2P News

PayMate Acquires Micro-Lending Platform Z2P Technologies

Jul 29, 2020

PayMate, a Mumbai-based business-to-business (B2B) payments company has announced the acquisition of micro-lending institution Zaitech Technology (Z2P Technologies) with the aim of speeding up credit applications and the credit decision-making processes for small-medium enterprises (SMEs). With the acquisition, the company further plans to partner with banks and NBFCs to improve the flow of credit to SMEs. This is a follow-up of the announcement of a B2B partnership agreement with Visa in February of this year by PayMate. ADVERTISEMENT Commenting on this, Ajay Adiseshann, founder and CEO of PayMate, said, “We will leverage Z2P and PayMate’s technology and analytics to speed up the credit application and the credit decision-making processes for SMEs and provide supply chain financing solutions to our large corporate clients.” Z2P Technologies was founded in the year 2016 by Ajay, an IIT Madras alumnus. It provides easy micro-loans and enables better financial decisions for lenders by leveraging technology and data to make low-risk, real-time lending decisions. On the other hand, PayMate is a provider of digital payment solutions based in Mumbai. Its banking partners include the State Bank of India, HDFC Bank, Axis Bank, Corporation Bank, Kotak Bank, Syndicate Bank, South Indian Bank, Dena Bank, and ABN Amro ABN Amro. The company raised funding in the year 2006 by Silicon Valley-based venture capital companies Kleiner Perkins Caufield & Byers (KPCB) and Sherpalo Ventures along with Mayfield Fund and Lightbox Ventures. Share this:

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Expert Collections containing Z2P

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Z2P is included in 1 Expert Collection, including Artificial Intelligence.

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Artificial Intelligence

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This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

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