Banking Tech Startup Zeta Aims Expansion in Various Markets

The video discusses the challenges of outdated banking software and introduces Zada's modern Omni stack solution. It highlights Zada's market traction, partnerships with major financial institutions like HDFC Bank and Sodexho, and its global expansion strategy. The video also covers Zada's funding approach with SoftBank, addressing traditional banking conservatism, and outlines financial goals, including profitability and potential IPO plans.

What is one of the main reasons banking software is considered outdated?

• It is too expensive to maintain.

• It uses ancient software stacks like COBOL.

• It is only used by small banks.

• It is built on modern cloud technologies.

What is Zada's Omni stack designed to improve for banks?

• Product launch speed and efficiency

• Marketing strategies

• Employee satisfaction

• Customer service

Which major bank is Zada working with to reimagine digital banking?

• HSBC

• HDFC Bank

• Bank of America

• DBZ Bank

What percentage of banks does Zada expect to change their technology stack in the next 10 years?

• 30-40%

• 20-30%

• 10-20%

• 5-10%

Why did Zada decide to partner with SoftBank?

• To access SoftBank's marketing team

• To leverage capital and strategic connections

• To enter the Japanese market

• To acquire SoftBank's technology

What is Zada's approach to deploying its solutions in conservative banks?

• A full-stack replacement

• A Greenfield modular approach

• A focus on marketing

• A gradual phase-out of old systems

When does Zada expect to become operationally profitable?

• 2024-2025

• 2023-2024

• 2022-2023

• 2021-2022