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Fat Zebra

Can a single-integration, multi-acquirer payment gateway become the default payments infrastructure layer for internet businesses across Australia and beyond?

Founded2012
HQAustralia
Total raised$8.8M
Latest roundVenture (Round not Specified), 2024
IndustryInfrastructure / Payments
The story

Fat Zebra was founded as an API-first payment gateway for the Australian internet economy, targeting businesses that needed a simple, developer-friendly integration point. Over time it evolved from a pure gateway play into a multi-acquirer platform that provides dynamic routing across Checkout.com, NAB, First Data, American Express, and UnionPay International, giving merchants built-in redundancy and failover. The company has expanded geographically into North America via an ISO relationship with Wells Fargo, and has broadened its ecosystem through integrations with Xero and partnerships such as AsiaPay in ANZ. Its current positioning is as a payments infrastructure layer for platform businesses requiring a single integration with access to multiple acquiring rails.

Last 12 months
Regulated entities
Payment Facilitator / Third Party Processor
Australia
Fat Zebra Pty Ltd A.C.N. 154 014 785
Independent Sales Organization (ISO)
US / Canada
Fat Zebra North America Inc
The stack
Payments / PSP
Checkout.comFirst Data Merchant Solutions Australia (Fiserv)NABAmerican ExpressUnionPay InternationalAsiaPayWells Fargo Bank, N.A. (ISO relationship, North America)Fat Zebra Payments (self-operated)
Sponsor bank
Wells Fargo Bank, N.A. (North America ISO relationship)
Accounting
XeroSaasu
Accounting gap: minor