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ZESTMONEY FOUNDERS
Zestmoney cofounder Lizzie Chapman quits Reliance-backed Swiffy LabsLizzie Chapman founded Berkeley Square Finance Group (BSFG) late last year, assuming the role of a partner at the firm. As per the company’...- DMI, Aditya Birla Finance in race to scoop up ZestMoney in firesaleZestMoney, which was offering buy-now-pay-later (BNPL) loans to customers at ecommerce and offline checkout points, had around December 5 i...
- ZestMoney saga highlights drying NBFC credit flowPayU and Goldman Sachs-backed ZestMoney shut down operations, while Paytm decided to scale down its BNPL product Paytm Postpaid. Large NBFC...
- ZestMoney to shut down by December-end, lay off 150 employeesZestMoney employees were informed by CBO Mandar Satpute to start looking for new jobs. Two major NBFCs who were supporting ZestMoney via cr...
- ZestMoney raises fresh capital from existing investorsAfter a proposed acquisition deal with PhonePe fell through and its founders moved on, this round could be a lifeline for the pay-later sta...
- Lending taps starting to dry up for crisis-hit ZestMoneyWith the company in turmoil, its lending partners have turned cautious, given the loans extended through ZestMoney will eventually be sitti...
- ZestMoney founders to exit troubled fintech; Amazon hikes seller fee, lays off staff in IndiaCapping months of twists and turns at the troubled fintech startup ZestMoney, its founders Lizzie Chapman, Priya Sharma and Ashish Ananthar...
- ZestMoney top leadership to form new management after founders leaveIn a town hall held on Monday, ZestMoney’s founders— Chapman, Priya Sharma and Ashish Ananthataman— informed employees that they would be s...
- ZestMoney founders leaving troubled fintech firm post PhonePe deal collapse“There was a town hall held on Monday by the management where the founders informed the rest of the team that they are leaving the company,...
- ETtech Exclusive: PhonePe may waive off ZestMoney’s $18 million debt after failed acquisitionThe Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...
- ZestMoney to lay off 100 employees after PhonePe acquisition falls throughZestMoney’s founders and leadership informed employees about the layoff at a town hall meeting on April 6, they said. The impact is expecte...
- ETtech Exclusive: PhonePe calls off deal to acquire ZestMoney amid due diligence concernsAccording to sources privy to the developments, lapses in due diligence, disagreements over valuation, sustainability of the business and s...
- IIFL Fin, ZestMoney join hands to build USD 1 bn loan book in 2-3 yrs"We have been seeing a solid demand across our online and offline partners and this partnership will help us service demand and learn from ...
- Fintech firm Tortoise raises undisclosed sum in funding from cofounders of Swiggy, ZestMoneyTortoise had earlier raised around $2.3 million this year from Vertex Ventures, a part of global investment firm Temasek.
- BNPL startup ZestMoney raises $50 million from Australia’s Zip CoZestMoney will use the funding to expand its product suite, deepen its network, strengthen its balance sheet and launch new business lines....
- Acko signs pact with ZestMoney to offer credit insuranceZestMoney offers instant financing to consumers across 1000+ online portals and provides them the option of paying through EMIs even if the...
- ZestMoney expands 0 per cent EMI offering to educationThe zero interest cost for higher education will potentially benefit over 5 lakh potential student.
- Xiaomi to start lending operations in India; to target salaried professionalsThe new credit product, launched in partnership with lending platform KrazyBee, has already gone live and will be officially announced in a...
- Xiaomi is in advanced talks to pick up stake in ZestMoneyThis would be the second investment by Xiaomi in the fintech space, after having backed student-focused lending player Krazybee last year.
- Naspers' PayU may invest in lending startup ZestMoneyThe ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...
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