Naspers Fintech was among the investors that added $15m to the online lender's series B round, boosting its overall funding to $63m.

India-based online lender ZestMoney has secured $15m in series B funding from investors including media and e-commerce group Naspers, co-founder and CEO Lizzie Chapman has told TechCrunch.

Naspers’ Fintech unit participated in the round alongside investment banking firm Goldman Sachs, venture capital firm Quona Capital and investment firm Omidyar Network.

ZestMoney runs an online platform that issues small loans to consumers without a solid credit score, which can be difficult to achieve for many Indian citizens, by utilising other data…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
email
Linked in