Fat Zebra Acquires Pin Payments, Expanding Reach in Platforms and SMB Markets

Fat Zebra processes over 250,000,000 transactions annually, servicing over 30,000 merchants and platforms including PayPal, Macquarie Bank, Zip, Aussie Broadband and Sportsbet. 

The purchase of Pin Payments will expand Fat Zebra's offering, and further strengthen its position in the platforms and small-to-medium merchant space across Australia and New Zealand, where Pin Payments serves over 13,000 businesses and is a key player. 

Combined with Fat Zebra's established mid-market and enterprise client base, this partnership creates a comprehensive offering tailored to businesses of all sizes.

"This acquisition unites two companies with complementary strengths, as together we're placed to deliver the best payment solutions to businesses across Australia and New Zealand, helping them thrive in an increasingly digital economy," said Pred Dragila Founder and CEO of Fat Zebra.

Following its February 2024 acquisition of Adatree, a leader in customer data technology, Fat Zebra continues to strengthen its position with the acquisition of Pin Payments. This latest move enhances scale, deepens technological expertise, and solidifies Fat Zebra's leadership in the payments industry.

Previously acquired by Checkout in 2020, Pin Payments is recognized for its secure, user-friendly solutions tailored to Platforms and SMBs. While Fat Zebra provides merchants and platforms with access to the most up-to-date payment methods ensuring customers get the best in market approval rates, reduced fraud, optimised cost of acceptance, and true processing redundancy.

"Our relationship with Pin Payments formed a significant part of Checkout's journey in Australia and beyond. We're grateful for all the team's work," said Guillaume Pousaz, CEO and Founder of Checkout.com.

"I am confident that by coming together with the Fat Zeba team, they'll collectively deliver great value to the SMB community in Australia," he said. 

Fat Zebra's acquisition of Pin Payments will create a comprehensive offering designed to meet the needs of a diverse range of businesses as they grow and scale. 

"Fat Zebra is accelerating its growth trajectory, and this acquisition lays the foundation for long-term success. By combining our strengths, we're ensuring our customers benefit from innovative solutions and exceptional service, solidifying our position as a leader in the payments industry," said Pred. 

"We're on a trajectory to become the leading domestic provider of digital payment solutions, delivering the best offerings to businesses, and this is another exciting step in that direction," he said.

The acquisition also introduces Pin Payments CEO Chris Dahl to Fat Zebra's leadership team, bringing with him a wealth of experience to drive the business forward with a focus on growth and innovation.

"This acquisition is a strategic leap that enables us to expand our market presence and provide tailored solutions to a broader customer base. Our digital merchants demand reliability, speed, surge capacity and scalability, features which will be further enhanced by Pin Payments' offering," said Pred. 

"Likewise, the addition of Chris and Pin Payments to our team will undoubtedly bolster our capabilities and complement our strengths," said Pred.  

"We pride ourselves on our customer service, and this acquisition will ensure we deliver our customers greater responsiveness, enhanced personalised service, and customised solutions for their unique needs," said Pred.

ENDS

About Fat Zebra

Fat Zebra is the leading Australian digital payments platform used by some of Australia's largest digital merchants who demand reliability, speed, surge capacity and scalability. Our platform gives merchants and platforms access to the most up to date payment methods ensuring customers get the best in market approval rates, reduced fraud, optimised cost of acceptance, and true processing redundancy. The Fat Zebra platform processes over 250,000,000 transactions annually. In addition, as a local Australian company, we pride ourselves on personalised customer service (responsiveness, problem solving) and we work closely with our clients to customise our solution for their unique needs.

For more information visit www.fatzebra.com.

About Pin Payments

Pin Payments is Australia's first unified approach to payments for small to medium-sized businesses. It supports over 13,000 companies in Australia and New Zealand to accept payments from debit and credit cards bearing the Visa, MasterCard and American Express brands without requiring a merchant account. Pin Payments supports integrations with platforms such as Xero, WooCommerce, Shopify, BigCommerce and Magento. 
 

For more visit www.pinpayments.com

Media

For interviews or enquiries

Ruth Thomas

ruth@changemakersmedia.com.au

+61 405 656 491