Digital lending startup 'ZestMoney' raises $20 million

Megha Jain

Content Head

India's Digital lending startup ZestMoney raised $20 million in Series B round of funding led by Washington DC-headquartered fintech investor Quona Capital. The capital will be utilized to broaden ZestMoney's technology focus. Australian fintech investor, Reinventure, and existing investors Ribbit Capital, Omidyar Network and PayU also participated in funding round. ZestMoney has raised $42 million to date.