zestmoney

8 ARTICLES

zestmoney
Story image

SALT was a good idea. Then it ran into India’s startup reality.

The three-year-old fintech, with three accomplished women as founders, set out to address the inherent gender bias in the Indian financial system. Today, it is on a hiatus and has surrendered its regulatory licence. What happened?

26 Sept 2024

Story image

Inside ZestMoney’s ambitious mission to save itself

Left to fend for itself after the failed deal with PhonePe, the fintech startup is looking to find refuge in a loan waiver, a hefty licensing fee and an internal funding round.

Story image

ZestMoney’s failed buyout is the last nail in BNPL coffin

The concerns flagged by PhonePe owner Walmart for not going ahead with the acquisition are emblematic of all that’s wrong with the buy now pay later business in India.

Story image

Inside PhonePe’s pay now buy later deal with ZestMoney

The deal has dragged on for more than three months. Both companies want it to go through, but valuation and complex shareholding remain stumbling blocks.

23 Feb 2023

Story image

PhonePe buying ZestMoney is bad news for Paytm

Acquiring the buy now pay later fintech startup would enable the Walmart-owned firm to offer lending services, a business that Paytm is keen on growing.

Story image

All is not well with India’s BNPL frenzy

BNPL startups have Indians taking loans for cab rides and dinner parties. With the spotlight now on questionable practices, the RBI is calling them in.

Story image

The pandemic will redefine fintech lending

COVID-19 and the national lockdown will be a trial by fire for most consumer loan startups.

27 Apr 2020