The funding comes in the wake of payments major PayU writing off its investment in the company. Last fiscal, PayU’s close to 15% stake in Z...

Prosus, earlier Naspers, owns little over 9% in Byju’s and readjusted the fair value of its investment in the firm to $493 million as of Ma...

Troubles seem to be mounting for beleaguered ZestMoney as lenders pull back credit lines, a day after its founders left the company after a...

With the company in turmoil, its lending partners have turned cautious, given the loans extended through ZestMoney will eventually be sitti...

Capping months of twists and turns at the troubled fintech startup ZestMoney, its founders Lizzie Chapman, Priya Sharma and Ashish Ananthar...

“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,...

The Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...

ZestMoney’s founders and leadership informed employees about the layoff at a town hall meeting on April 6, they said. The impact is expecte...

According to sources privy to the developments, lapses in due diligence, disagreements over valuation, sustainability of the business and s...

This comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...

Tortoise had earlier raised around $2.3 million this year from Vertex Ventures, a part of global investment firm Temasek.

ZestMoney will use the funding to expand its product suite, deepen its network, strengthen its balance sheet and launch new business lines....

The research from the survey report also found that on an average loan amount for women is 35 per cent higher than men.

ZestMoney said it would utilise the capital to broaden its technology focus.

This would be the second investment by Xiaomi in the fintech space, after having backed student-focused lending player Krazybee last year.

This opens an immense opportunity for startups such as ZestMoney, Rubique, LoanTap and others in the space, as it helps take their products...

The ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...