Thursday, December 28, 2023

DMI, Aditya Birla Finance in race to scoop up ZestMoney in firesale

ZestMoney, which was offering buy-now-pay-later (BNPL) loans to customers at ecommerce and offline checkout points, had around December 5 informed its employees about its plans to shut down by the end of this month. ET wrote on December 7 the company shut down mostly after its lending partners withdrew debt lines to the startup.

from Tech-Economic Times
via IFTTT

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