# Zeal IO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zeal-io

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.myzeal.app/
- Total disclosed funding: $4M
- Latest round: Seed (Jan 15, 2024)
- Investors on record: 2

## About

Established in 2019 and based in London, UK, Zeal IO Ltd. operates as a mobile payment and loyalty application platform that allows users to pay and collect loyalty punches within the same transaction. Omar Ebeid (CEO) and Bellal Mohamed (CTO) are the co-founders of the company. In January 2024, Zeal IO Ltd. raised USD 4 million in seed funding co-led by RAED Ventures and Cur8 Capital.

The company’s suite of products includes the Zeal App, which offers spending analytics, rewards, and merchant loyalty features. The Card BIN Loyalty solution leverages card BIN data to drive personalized customer rewards, while the Zeal POS Plugin integrates with various terminals to identify card-paying customers and deliver insights. Additionally, Zeal Pay (Tap to Pay) turns smartphones into payment devices, and Whitelabel Apps allow businesses to create custom loyalty, ordering, and payment applications. The firm’s Merchant Dashboard provides e-commerce-grade analytics for physical stores, helping merchants understand customer behavior, launch targeted campaigns, and boost revenue.

The organization plans to use the January 2024 funding to accelerate its business operations.

## Funding rounds

- Seed, Jan 15, 2024, $4M — RAED Ventures, Cur8 Capital

## Investors

- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Seed
- Cur8 Capital (https://capitalatlas.ai/funds/cur8-capital) — Seed