The Japan Times - ZOQQ Approaches Breakeven on a Bootstrapped Path - Bucking the Burn-First Fintech Playbook

EUR -
AED 4.105367
AFN 72.100751
ALL 90.488165
AMD 402.912582
ANG 2.000743
AOA 1026.202579
ARS 1727.875102
AUD 1.624465
AWG 2.014956
AZN 1.900474
BAM 1.949057
BBD 2.25161
BDT 139.380921
BGN 1.953844
BHD 0.421747
BIF 3344.304981
BMD 1.117868
BND 1.429188
BOB 13.25831
BRL 6.2453
BSD 1.117957
BTN 105.062939
BWP 15.337146
BYN 3.347295
BYR 21910.206411
BZD 2.248372
CAD 1.583543
CDF 2561.0347
CHF 0.921129
CLF 0.027696
CLP 1090.021951
CNY 7.45931
CNH 7.463153
COP 3675.537734
CRC 505.661943
CUC 1.117868
CUP 26.830179
CVE 109.885827
CZK 24.346431
DJF 199.071302
DKK 7.475399
DOP 67.806028
DZD 152.527427
EGP 59.608391
ERN 16.768015
ETB 181.955556
FJD 2.525766
FKP 0.832984
GBP 0.835802
GEL 2.89496
GGP 0.832984
GHS 13.090887
GIP 0.832984
GMD 82.722508
GNF 9903.958193
GTQ 8.542523
GYD 234.2496
HKD 8.76975
HNL 30.05004
HRK 7.566857
HTG 146.536326
HUF 363.886604
IDR 20261.519272
ILS 3.547972
IMP 0.832984
INR 104.638283
IQD 1694.752071
IRR 2126503.464753
ISK 136.950384
JEP 0.832984
JMD 177.430139
JOD 0.792583
JPY 177.346911
KES 145.199761
KGS 97.757303
KHR 4559.288065
KMF 490.743531
KPW 1006.080863
KRW 1501.173574
KWD 0.347681
KYD 0.93159
KZT 499.109998
LAK 25163.283858
LBP 100109.166719
LKR 371.53297
LRD 190.036608
LSL 18.327459
LTL 3.300773
LVL 0.676187
LYD 7.166272
MAD 10.905265
MDL 20.088771
MGA 5072.5194
MKD 61.526527
MMK 2347.182867
MNT 4025.94461
MOP 9.03249
MRU 45.097386
MUR 52.450248
MVR 17.226282
MWK 1938.519595
MXN 20.901447
MYR 4.534405
MZN 71.442834
NAD 18.327296
NGN 1506.918874
NIO 41.138599
NOK 10.614189
NPR 168.1022
NZD 1.993259
OMR 0.429831
PAB 1.117947
PEN 3.810004
PGK 5.020765
PHP 70.475409
PKR 309.183161
PLN 4.39431
PYG 6901.278978
QAR 4.075138
RON 5.34408
RSD 117.596325
RUB 92.791366
RWF 1654.000088
SAR 4.203647
SBD 9.051708
SCR 15.447717
SDG 672.383225
SEK 11.011746
SGD 1.432084
SHP 0.831778
SLE 25.654977
SLL 23441.131107
SOS 638.895421
SRD 41.971435
STD 23137.603887
STN 24.416077
SVC 9.782376
SYP 14534.515146
SZL 18.332741
THB 37.526822
TJS 10.273475
TMT 3.923716
TND 3.331774
TOP 2.691557
TRY 56.153513
TTD 7.581939
TWD 36.866999
TZS 2954.619283
UAH 50.847654
UGX 4561.220203
USD 1.117868
UYU 45.233915
UZS 13386.807342
VES 1002.928799
VND 28617.412456
VUV 134.145359
WST 3.107787
XAF 655.957
XAG 0.021491
XAU 0.00027607431
XCD 3.021093
XCG 2.014757
XDR 0.79039
XOF 655.957
XPF 119.331742
YER 264.37486
ZAR 18.432123
ZMK 10062.147323
ZMW 22.777201
ZWL 359.952935
SSP 6423.060353
MXV 2.349091
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

ZOQQ Approaches Breakeven on a Bootstrapped Path - Bucking the Burn-First Fintech Playbook
ZOQQ Approaches Breakeven on a Bootstrapped Path - Bucking the Burn-First Fintech Playbook

ZOQQ Approaches Breakeven on a Bootstrapped Path - Bucking the Burn-First Fintech Playbook

Rare profitable-track fintech demonstrates strong unit economics and a path to breakeven without external venture capital.

Text size:

LONDON, GB / ACCESS Newswire / May 4, 2026 / ZOQQ, a global enterprise fintech infrastructure platform, today announced it is approaching operational breakeven - a milestone reached entirely on a bootstrapped basis, with no external venture capital. Having processed over $150 million in transaction volume across its multi-currency banking, card issuance, and cross-border payment solutions, the company is now on track for profitability by Q4 2026 or Q1 2027.

Founded by fintech operators Avishek Singh, Sanjit Ghanti, and Gitesh Athavale, ZOQQ has achieved what remains uncommon in the fintech sector: scaling to meaningful transaction volume and approaching breakeven without external venture capital. The platform currently serves 15+ enterprise clients across multiple jurisdictions and is delivering consistent, strong year-on-year revenue growth, with a clear line of sight to sustained expansion.

"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. We have built something that works. We are now raising capital to accelerate - not to validate."

- Avishek Singh, Co-founder, ZOQQ

A different path in fintech

In a category defined by aggressive capital consumption, ZOQQ stands apart. The company has reached its current scale by:

  • Building unit-level profitability into the product from inception

  • Serving enterprise clients across multiple jurisdictions with near-zero monthly burn

  • Delivering consistent revenue growth while maintaining positive operating cash flow

  • Reaching meaningful scale across global corridors with a lean, focused team

This positions ZOQQ in a small group of fintech infrastructure businesses that have proven product-market fit and unit economics before raising institutional capital.

"We built ZOQQ to give enterprises the speed of fintech with the trust of banking. Doing this on a bootstrapped basis is proof that our infrastructure is solving a real problem at scale. The next chapter is about acceleration - deeper coverage, broader product, and a much bigger client footprint."

- Gitesh Athavale, Co-founder, ZOQQ

Enterprise-grade global financial infrastructure

ZOQQ's platform delivers a unified, API-driven suite of financial products built for the digital economy:

  • Global Multi-Currency Account - Hold and manage funds in 40+ currencies through a unified account structure.

  • Global Card Issuance - Issue branded virtual and physical payment cards across 60+ markets with real-time controls.

  • FX Conversion & Acceptance - Process multi-currency payments and conversions with transparent, real-time rates.

  • Global Payout Solutions - Enable instant, compliant disbursements to partners, employees, and vendors across 190+ countries.

Capital to accelerate, not to validate

ZOQQ is now engaging with select institutional investors to fuel its next phase of growth. Capital from this round will be deployed across three priorities:

  1. Regulatory expansion - Deepen the license portfolio and unlock new corridors.

  2. Enterprise go-to-market - Scale sales, partnerships, and client success across existing markets.

  3. Product velocity - Invest in platform infrastructure to support 10x client growth.

The company expects to reach profitability by the end of 2026 or early 2027, providing investors with a rare combination of demonstrated traction, capital efficiency, and a clearly modelled path to sustainable returns.

About ZOQQ

ZOQQ is a next-generation fintech platform offering multi-currency banking, cross-border payments, card issuance, and FX solutions for modern enterprises. Built with regulatory-grade compliance, advanced API infrastructure, and global coverage, ZOQQ empowers businesses to transact, manage, and scale their financial operations seamlessly across 190+ countries.

Media & Investor Contact

Avishek Singh
Co-founder, ZOQQ
[email protected]
https://www.zoqq.com/

SOURCE: ZOQQ



View the original press release on ACCESS Newswire

S.Suzuki--JT