How ZestMoney can help PhonePe meet its goals
Jan 06, 2023•12 min•Ep. 12
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
ZestMoney, the BNPL platform, is in the final stages of being acquired by online-payments giant PhonePe.
But ZestMoney has been unable to get enough scale online. Even after going offline, it failed to manage risks. It saw its losses shoot up by 3X in the last financial year.
PhonePe, meanwhile, has ambitions to expand by venturing into lending.
Can ZestMoney's loss be PhonePe's gain?
Tune in to find out.
For the best experience, listen in Metacast app for iOS or Android