Zestmoney

Covering companies’ growth from the seed stage gives reporters a glimpse of what investors must feel like.

It’s fun watching fintech startups grow

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale…

Goldman Sachs-backed ZestMoney, once valued at $450M, sold to DMI in fire sale

Featured Article

Remembering the startups we lost in 2023

Not every startup collapse is an FTX or Theranos. They don’t all burn so brightly and explode so spectacularly. More often than not, there won’t be some high-profile court case and prison time. Amanda Seyfried isn’t going to play you in the made for Hulu movie. The story of most startup failures is far less…

7:41 am PST • December 30, 2023
Remembering the startups we lost in 2023

ZestMoney, a buy now, pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors, including Goldman Sachs, is shutting down following unsuccessful…

Goldman Sachs-backed ZestMoney, once valued at $450M, to shut down

Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech whose ability to underwrite small ticket loans to first-time internet customers once…

ZestMoney founders resign as Goldman Sachs-backed fintech struggles to raise funds

ZestMoney, a Bangalore-based buy now, pay later platform, said on Wednesday it has raised $50 million in a new financing round from Australia’s Zip as the Indian firm looks to…

Indian buy now, pay later startup ZestMoney raises $50 million from Australia’s Zip

Indian tech startups have never had it so good. Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.6 billion last year, according…

Indian tech startups raised a record $14.5B in 2019

One of America’s largest banks has just poured in some money to help millions of Indians without a credit score secure loans and make purchases online for the first time…

Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

Xiaomi, the top smartphone vendor in India, today joined a growing wave of fintech startups in the nation that are offering credit to aspirational young professionals and millennials. The Chinese…

Xiaomi launches app to offer credit to millennials in India

Fintech is very much still hot in Asia. ZestMoney, a startup that helps consumers with no credit history get loans to buy online, announced today it has raised a $20…

India’s ZestMoney raises $20M to grow its digital lending service

Fintech startups are growing rapidly in Europe. But it doesn’t mean that the fintech revolution is limited to Europe. That’s why I’m glad to announce that Lizzie Chapman from ZestMoney…

Lizzie Chapman to talk about building a fintech startup in India at Disrupt Berlin

Xiaomi has continued its investment in India after it led a $13.4 million round for fintech startup ZestMoney. The newly-public Chinese firm previously said it would invest up to $1 billion…

Xiaomi backs Indian consumer lending startup ZestMoney in $13.4M deal