Zestmoney

Are BNPL Start-Ups In The Doldrums Because Of Their Client Profile?

24/06/2023

A recent report from the US Consumer Financial Protection Bureau (CFPB) stated that users of BNPL products typically had lower credit scores and limited savings

Bad Loans, Defaults And A Failed Merger: How ZestMoney’s Rise Hit A Roadblock

01/06/2023

Suffering from high losses, a growing mound of bad loans and failure to convince PhonePe for a merger deal, ZestMoney will have to rethink its growth strategies if it is to make a turnaround

ZestMoney Founders Resign After Acquisition Talks With PhonePe Fails

16/05/2023

The development came months after the BNPL start-up's acquisition talks with fintech decacorn PhonePe fell through

ZestMoney To Fire 100 Employees: Report

08/04/2023

Currently, the company is going through a rough patch as it is facing a severe fund crunch

PhonePe Cancels ZestMoney Acquisition Deal: Report

30/03/2023

The development comes as a blow to ZestMoney, a buy-now-pay-later platform, which has been trying to raise funds for a while

BNPL Start-Up ZestMoney Witnesses 216 Per Cent Loss in FY22

07/11/2022

The fintech's net expenses grew to Rs 543.8 crore in FY22, compared to 89.3 crore in FY21