# Zeller Australia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zeller-australia-pty

- Industry: Financial Services
- Headquarters: Melbourne, Australia
- Website: www.myzeller.com
- Total disclosed funding: $133M
- Latest round: Series B (Mar 31, 2022)
- Investors on record: 7

## About

Founded in 2020 and based in Melbourne, Australia, Zeller Australia Pty Ltd is a fintech company that offers to accept payments, track spending, and manage the finances of small businesses. The company was founded by Dominic Yap and Ben Pfisterer. The company raised a AUD 6.3 million in seed round in June 2020. As of March 2021, the company has a team of 50 employees. In June 2021, NPCO Operations Pty Ltd raised AUD 50 million in series A funding led by new investor Spark Capital, along with other existing investors Addition, Apex Capital Partners, and Square Peg, after which the company's valuation reached AUD 400 million. 

The company offers payment tools such as EFTPOS (electronic funds transfer at point of sale) terminals, business accounts and cards to business organizations for accepting online payment. Zeller’s software is combined with a payment terminal, transaction account and business Mastercard which helps businesses to accept and send payments, access funds and manage their finances. Zeller has no lock-in contracts and low fee for card payments. 

Zeller plans to use the 2021 funding to grow its research and engineering hub, including filling 18 new engineering roles that will support the company's plan to become a fully regulated business bank.

## Funding rounds

- Series B, Mar 31, 2022, $72M — Headline, Spark Capital, Square Peg, Addition, Hz Spv LLC
- Series A, Jun 23, 2021, $38M — Spark Capital, Square Peg, Apex Capital Partners, Addition
- Series A, Mar 15, 2021, $19M — Square Peg, Apex Capital Partners, Addition
- Seed, Jun 30, 2020, $4.4M — Square Peg, Apex Capital Partners, Athena Capital

## Investors

- Square Peg (https://capitalatlas.ai/funds/square-peg) — Seed, Series A, Series B
- Apex Capital Partners (https://capitalatlas.ai/funds/apex-capital-partners) — Seed, Series A
- Athena Capital — Seed
- Addition (https://capitalatlas.ai/funds/addition) — Series A, Series B
- Spark Capital — Series A, Series B
- Headline (https://capitalatlas.ai/funds/headline) — Series B
- Hz Spv LLC — Series B