Tag: buy-now-pay-later
Posted in Economy
Buy now pay later, credit card spending reducing savings of youth: RBI Deputy Governor
The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael…
Posted in Startups
ZestMoney: DMI Group acquires ZestMoney in a fire sale
Financial services company DMI Group has acquired beleaguered buy-now-pay-later (BNPL) startup ZestMoney in a fire sale. The deal will give DMI the exclusive right to…
Posted in Startups
ZestMoney: ZestMoney posts Rs 412 crore loss for FY23, revenues increase 72%
Beleaguered startup ZestMoney, which has been looking for a buyer, reported a net loss of Rs 412.4 crore for FY23. This is a marginal 3%…