Zibo platform surpasses $25M annual run rate in payment volume
FinTech expert Michael Bang joins Zibo as Head of Growth Marketing
April 19, 2021 — REDWOOD CITY, CA — Zibo, the one-stop-shop for landlord financial services, today announced that Vikas Gupta will join Zibo as Chief Operating Officer (COO), effective immediately.
Vikas, who has served as a strategic advisor to Zibo since January, will be responsible for Zibo’s company and commercial strategy, business development, finance and performance metrics, and business and customer operations. Early on, he’ll focus on accelerating commercial traction with a specific emphasis on Zibo’s insurance and mortgage businesses.
“I’ve known Vikas for a long time and have always had a huge amount of trust and respect for him,” said Chris Hsu, CEO and Co-Founder of Zibo. “His strategic, operational, and investor experience will be critical as we prepare for a Series A and accelerate our growth and commercial success.”
“Over the past few months as I’ve worked with Zibo, two things have become clear: the business has massive potential, and the team is a group of people I’d love to work with day in and day out,” said Vikas. “There is no doubt in my mind that we’ll be able to relentlessly execute to scale the business.”
Vikas has 15 years of experience in early stage tech startups. Most recently, he founded Nodabl, an HR tech SaaS startup, and previously he led product and strategy at the Baby Box Co. Prior to that, he oversaw strategy and marketing at Factual Inc., where he helped grow the company from pre-revenue to eight-figure revenues. Vikas also worked at real estate marketplace LoopNet and started his career at McKinsey & Company, where he focused on insurance.
Zibo demonstrates impressive platform traction
After just recently announcing a major milestone of $15M in annualized transactions, the Zibo platform has now surpassed a $25M annual run rate in payment volume. This traction comes on the heels of the renowned PropTech venture firm Camber Creek’s investment in Zibo — and less than a year since the platform’s initial launch in 2020.
Expands marketing team with FinTech expertise
Zibo also announced that Michael Bang has joined Zibo as Head of Growth. Michael brings FinTech experience from his previous roles at payments startup Plastiq and small business banking platform BlueVine, where as the first growth marketing hire he successfully scaled customer acquisition and managed an annual budget of more than $15 million. Prior to that, Michael served on the marketing analytics team at Ancestry, one of the pioneers and leaders of consumer growth marketing.
Learn more about the Zibo leadership team.
Interested in working at Zibo? Check out our open positions.
About Zibo
Zibo is the industry’s first and only banking and payments company designed for the unique needs of landlords. We provide modern, secure solutions for financial services — including banking, rent collection, expense management, bill pay, and access to competitive loans and insurance — at no cost to landlords. Zibo empowers independent landlords to save time, stay organized, and grow their portfolio, while enabling tenants to choose from flexible, online rent payment options. Zibo’s investors include Camber Creek, Canaan Partners, Khosla Ventures, QED Investors, and SVB Capital. Learn more at www.zibo.co.