There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has run its course, the cash coffers have been drained, and in the United States, bankruptcies have been on the rise....
Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the company had attracted high-profile investors such as Goldman Sachs, PayU, Quona, Zip, Omidyar Network, and Ribbit Capital, TechCrunch reported Tuesday (Dec. 5). It...
Buy now pay later (BNPL) startup Zip, formerly Quadpay, purchased a $50 million minority stake in the Indian BNPL newcomer ZestMoney as part of a continuing Series C funding round, according to a press release on Wednesday (Sept. 21). Launched in 2015 in Bangalore, ZestMoney...
Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, reports detailed on Thursday (Dec. 19). ZestMoney co-founder and chief executive Lizzie Chapman told reporters that the new investment...
January 17, 2024
DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India. The acquisition will allow DMI to incorporate the ZestMoney checkout financing platform into its product suite, broadening its engagement with current and potential customers, the company said in a Wednesday (Jan. 17) press release. “We have been partnered with ZestMoney for […]
December 05, 2023
Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the company had attracted high-profile investors such as...
September 22, 2021
Buy now pay later (BNPL) startup Zip, formerly Quadpay, purchased a $50 million minority stake in the Indian BNPL newcomer ZestMoney as part of a continuing Series C funding round,...
December 19, 2019
Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, reports detailed on Thursday...