India, Feb. 11 -- Bengaluru-based banking tech unicorn Zeta has secured $50 Mn (INR 434.3 Cr) in a fresh funding round from Optum at a valuation of $2 Bn.

"Zeta's mission to be a trusted partner to financial institutions is possible through the patient efforts of the best team ever assembled in banking technology," said Ramki Gaddipati, CEO APAC & Global CTO, Zeta.

Founded in 2015 by Gaddipati and Bhavin Turakhia, Zeta offers an omni-stack platform to financial institutions for processing and issuing debit and credit cards, offering loans, and fraud and risk management.

Its products are used by banks like RBL Bank, IDFC First Bank and Kotak Mahindra Bank among others. French food services and facilities company Sodexo also uses Zeta's ...