Fintech Firm Achieves Scale Without Venture Capital
ZOQQ, a global fintech infrastructure platform headquartered in London, announced it is close to reaching operational breakeven by the fourth quarter of 2026 or the first quarter of 2027. The company has achieved this milestone without relying on external venture capital, a significant deviation from the typical fintech model.
Since its inception, ZOQQ has processed over $150 million in transaction volume across its multi-currency banking, card issuance, and cross-border payment solutions. More than 15 enterprise clients across various jurisdictions are served by the company, which reports strong year-on-year revenue growth and a clear path to sustained expansion.
Co-founder Avishek Singh remarked, “Most fintechs are in a race to scale at any cost. We took a different path, building unit economics into the product from day one and proving that disciplined, bootstrapped growth can outperform burn-funded models.”
Bootstrapped Growth Strategy
From the outset, ZOQQ embedded profitability at the unit level, serving enterprise clients with near-zero monthly burn and maintaining positive operating cash flow. The company is part of a select group of fintech firms that have proven product-market fit and unit economics without initial institutional capital.
“We built ZOQQ to give enterprises the speed of fintech with the trust of banking,” explained Gitesh Athavale, another Co-founder. “Doing this on a bootstrapped basis is proof that our infrastructure is solving a real problem at scale.”
ZOQQ’s platform provides a range of financial products, including a global multi-currency account, card issuance, FX conversion, and global payout solutions. These products are designed to give enterprises comprehensive financial infrastructure capabilities.
The company is now engaging with institutional investors to fund its next growth phase, which involves focusing on regulatory expansion, enterprise go-to-market strategies, and increasing product velocity. Plans include deploying capital to deepen its licence portfolio, scale sales and partnerships, and enhance platform infrastructure to support tenfold client growth.
ZOQQ was founded by fintech operators Avishek Singh, Sanjit Ghanti, and Gitesh Athavale. The company aims to achieve profitability by early 2027. Its strategy offers investors a combination of demonstrated traction and capital efficiency, setting it apart in the fintech landscape.
In May 2026, ZOQQ announced it had reached a significant milestone, having processed transactions across 60+ markets with real-time controls on their global card issuance. The company’s global payout solutions enable instant, compliant disbursements to partners, employees, and vendors across 190+ countries.
