PhonePe has backed out from the ZestMoney acquisition. But the deep tech integration before the completion of the deal and the USD18 million loan from PhonePe has put ZestMoney in a bind. What’s next for the buy-now-pay-later firm?
Source link
Delinquencies, subpar collection systems: The holes in ZestMoney’s books that broke the PhonePe deal
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Delinquencies, subpar collection systems: The holes in ZestMoney’s books that broke the PhonePe deal
PhonePe has backed out from the ZestMoney acquisition. But the deep tech integration before the completion of the deal and the USD18 million loan from PhonePe has put ZestMoney in a bind. What’s next for the buy-now-pay-later firm?
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi