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zestmoney
8 ARTICLES
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
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.
27 Apr 2023
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.
04 Apr 2023
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
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.
29 Nov 2022
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.
25 Feb 2022
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