PhonePe calls off ZestMoney deal over valuation, NPA issues in due diligence
The deal, which was poised to fetch between $200-$300 million, has hit a snag in the latter stages of due diligence.
Source: businesstoday.in
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Clearing the way to legal support for BNPL services
As of 2022, Vietnam’s population is close to 100 million, with two-thirds being of working age. The country is home to a rapidly growing e-commerce market, yet surprisingly, it is also one of the Southeast Asian countries with the lowest credit card penetrations, estimated at 4.1 per cent in 2021.
Source: vir.com.vn
Buy Now Pay Later Transactions Surge Over 250% In Karnataka In 2021, Zestmoney Findings Reveal
Bengaluru: ZestMoney, India's largest and fastest-growing Buy Now, Pay Later (BNPL) platform, revealed that the Karnataka region emerged as the top state last year in BNPL usage, outnumbering all the other states in India in terms of new customer sign-ups and transactions. On the back of solid demand, the platform noted that it saw a 2.5X increase in transactions, while the
Source: sakshi.com
BNPL platform ZestMoney see 300% increase in transactions : Tech News
BNPL platform ZestMoney see 300% increase in transactions : Rashtra News #BNPL #platform #ZestMoney #increase #transactions Buy Now, Pay Later platform ZestMoney saw a 300% increase in transactions in 2021 driven mostly by the young borrowers. A report released by the firm notes that borrowers in tier-1 and tier-2 cities borrowed to buy fashion, lifestyle, […]
Source: rashtranews.com