Private Equity Other Private Equity/Strategic Investments
Australian buy-now-pay-later firm Zip invests $50-M in fintech co ZestMoney
Source Mint (opens in a new tab)
Australian buy-now-pay-later firm Zip Co Ltd is to invest USD 50 million to acquire a minority interest in Bangalore-based fintech company ZestMoney, as part of its global expansion plans.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Aug-15 and Dec-19, ZestMoney had raised more than INR 423 crore from Prosus Ventures, Quona Capital, Omidyar Network, Goldman Sachs, Ribbit Capital and Xiaomi.