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Indian Fintech Startup ZestPay Raises $120M Series C Funding
Summary
ZestPay, a Bengaluru-based fintech startup specializing in digital lending, announced a $120 million Series C funding round today. The round was led by global investor Sequoia Capi
ZestPay, a Bengaluru-based fintech startup specializing in digital lending, announced a $120 million Series C funding round today. The round was led by global investor Sequoia Capital and included participation from Tiger Global. ZestPay’s valuation now exceeds $1.5 billion, officially making it a unicorn. The company plans to use the funds to expand its AI-driven credit scoring platform and enter Southeast Asian markets. According to Bloomberg, ZestPay has doubled its customer base in the past year, reflecting strong growth in India’s digital credit sector.
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Source: Bloomberg
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