Zeller, an Australian fintech company, has recently broadened its business banking platform to the United Kingdom. This move marks Zeller’s inaugural entry into international markets.

Zeller’s Presence in the UK

At present, Zeller has appointed country managers for the UK and is planning a significant physical presence in the region within the next three years. Preparations for this launch involved recruiting team members to ensure smooth rollout operations.

According to representatives from Zeller, partnerships with global companies such as Oracle, Xero, Tevalis, and Redcat will help facilitate international expansion. Since its inception, Zeller has strived to create a comprehensive platform catering to the needs of small businesses. Entering the UK market, which is renowned for being one of the largest and most dynamic economies in terms of SMEs, is part of this broader goal.

Zeller’s Growth in Australia

In its home country, Zeller has significantly expanded its business presence, serving over 100,000 businesses since launching in 2020. The company now employs a team of 320 individuals and achieved unicorn status with a valuation exceeding one billion US dollars after raising AUD 100 million in a Series B funding round in March of the same year.

Zeller’s Offerings in the UK

In the UK, Zeller aims to provide businesses with seamless access to various financial solutions including payments, business accounts, cards, expense management, invoicing, and real-time financial reporting. This unified approach is designed to simplify financial management for SMEs that currently use multiple disconnected tools.

Furthermore, officials from Zeller believe that the timing of this expansion reflects the company’s maturation in product development and its aspiration to offer a more accessible solution for small businesses to manage their cash flow efficiently.