• FOUNDING YEAR: 2009
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    27 Jun, 2019
    Phone:
    +1 323-450-3000

Description

FOCUS

PRODUCTS & SERVICES:
Credit Underwriting services for lending platforms It helps to get accurate credit decisions, increased credit availability for borrowers and higher repayment rates for lenders.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Basix loan
EXISTING PARTNERSHIPS:
Partnered with JD.com - expand services to china retailers
COMMENT
Zestfinance provides online loans to individuals whose credit scores won’t allow them to qualify for a bank loan.

PEOPLE

FOUNDERS:
Douglas Merrill
Board Members and Advisors:
Dana Stalder, Douglas Merrill, Jeremy Liew, Mike Rasic, Steven Dietz
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Eastward Capital Partners, Kensington Capital, Northgate Capital, Lightspeed Venture Partners, Matrix Partners, Peter Thiel, Flybridge Capital Partners, Lighthouse Capital Partners, Upfront Ventures, Victory Park Capital

TRACTION

VALUATION / MARKET CAP:
$250 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$262 Millions
DATE OF LAST FUNDING:
Jul 2016
FUNDING SERIES:
SERIES A
$19 Million Closed:
SERIES B
$23 Millions Closed:
SERIES C
$20 Millions Closed:
COMMENTS
SERIES C : $200 M - Debt Financing
LISTED:
NO

LATEST RESEARCH