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

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

3 years ago
Anonymous $WHrWmjSJBZ

https://techcrunch.com/2021/09/21/indian-buy-now-pay-later-startup-zestmoney-raises-50-million-from-australias-zip/

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 double down on a trend that has shown early signs of traction in several global markets.

The eight-year-old Australian firm, which has a presence in 12 markets across five continents, is acquiring a minority stake in ZestMoney as part of the new Series C financing round, the two said.