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Fat Zebra

Provider
PSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 1 category.

fatzebra.com ↗Also analysed as a company — its own stack →
CategoriesPSP
Rank#253 of 538 in PSP
Buyers2 companies
HeadquartersAustralia
Founded2012
Raised$8.8M

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Founders & story · from Fat Zebra’s own dossier

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.

Latest round: Venture (Round not Specified), 2024
Full dossier: Fat Zebra’s own stack, layer by layer →
Who uses Fat Zebra
2 companies disclose Fat Zebra in their stack
Br DgeSpreedly
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Fat Zebra? Claim this profile above to unlock your own full list.
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What Fat Zebra runs on · from its own dossier
The third-party providers Fat Zebra itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Fat Zebra.
PSP
Checkout.comFirst Data Merchant Solutions AustraliaNABUnionPay InternationalAsiaPayWells Fargo BankN.A
Sponsor Bank
Wells Fargo BankN.A
Full dossier with evidence for each layer →
Alternatives to Fat Zebra

Other PSP providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Stripe783 buyers →Adyen278 buyers →PayPal153 buyers →Checkout.com113 buyers →Worldpay89 buyers →Mollie64 buyers →checkout58 buyers →Braintree57 buyers →
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Ranked #253 of 538 in PSP — Embedded Finance Index 2026
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Fat Zebra — frequently asked

Which companies use Fat Zebra?

2 companies disclose Fat Zebra in their stack in the Embedded Finance Index 2026, including Br Dge and Spreedly.

What does Fat Zebra do?

Fat Zebra is an embedded-finance provider in PSP. It ranks #253 of 538 PSP providers by disclosed buyers.

What are the alternatives to Fat Zebra?

The most-disclosed PSP alternatives to Fat Zebra are Stripe (783 buyers), Adyen (278 buyers), PayPal (153 buyers), Checkout.com (113 buyers), Worldpay (89 buyers) and Mollie (64 buyers).

Where is Fat Zebra headquartered?

Fat Zebra is founded in 2012 and headquartered in Australia.

How much funding has Fat Zebra raised?

Fat Zebra has raised $8.8M in total.

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