Digital EMI for everyoneZestMoney is the fastest way for all kinds of people to pay using digital EMI, without the need of a credit card or a credit score. People are eager to upgrade their lifestyle, we work with fast-growing e-commerce businesses to help people upgrade today and pay tomorrow. Using mobile tech, digital banking and AI we’ve made ZestMoney accessible to millions of Indian consumers. Founded in 2015 by digital finance & technology professionals, Priya Sharma, Lizzie Chapman and Ashish Anantharaman, the company is backed by leading global digital financial services investors like PayU, Ribbit Capital, Omidyar Networks among other.
Today in India, less than 10m people have or want a credit card. Because so many people are "new to credit" methods for assessing and approving are lacking. The ZestMoney platform enables instant account opening and real time credit approval, combined with seamless digital loan servicing and repayments technology. ZestMoney can help power lending decisions based on alternative data sources, enabling lenders to reach a wider market, as well as make decisions quicker and without manual under-writing.
ZestMoney partners with e-commerce companies, to enable financing at the checkout, enabling EMI without credit card. ZestMoney customers are empowered to afford the things they need and spread the cost over up to 36 months. ZestMoney is a technology company, and loans are issued by fully regulated lending institutions. The team behind ZestMoney have many years of global experience in digital lending.