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November 26, 2015 5:17 PM ET

Consumer Finance

Company Overview of ZestFinance, Inc.

Company Overview

ZestFinance, Inc. offers credit alternatives to underbanked Americans who do not have access to credit from traditional lending institutions. The company offers short-term installment loans designed to help people cover unexpected costs and basic life necessities, such as medical bills, auto repairs, and rent. The company was formerly known as ZestCash, Inc. and changed its name to ZestFinance, Inc. in July 2012. ZestFinance, Inc. was founded in 2009 and is based in Los Angeles, California.

6636 Hollywood Boulevard

Suite 210

Los Angeles, CA 90028

United States

Founded in 2009





Key Executives for ZestFinance, Inc.

Founder and Chief Executive Officer
Co-Founder and Chief Operating Officer
Head of Product Management
Chief Marketing Officer
Compensation as of Fiscal Year 2015.

ZestFinance, Inc. Key Developments

ZestFinance Secures $150 Million in Funding from Fortress

ZestFinance announced it has raised $150 million in financing from funds managed by affiliates of Fortress Investment Group LLC. The infusion of capital from Fortress will support the continued growth of the company's Basix unsecured installment loan business and provide much-needed credit to millions of middle class Americans often denied loans by banks. This new capital brings ZestFinance's overall funding to more than $250 million., Inc. and ZestFinance Announce JV to Expand Consumer Credit in China, Inc. and ZestFinance, Inc. announced an agreement to launch a joint venture (JV), called JD-ZestFinance Gaia, to support the development of consumer credit in China. The JV will leverage ZestFinance's machine learning-based credit-decisioning technology and's reservoir of consumer data to provide credit risk evaluation services to companies in China. Additionally, as part of the agreement, is making an investment in ZestFinance to help fund further development of credit risk evaluation services for China and extend consumer access to credit.

ZestFinance, Inc. Presents at OASIS: Montgomery Summit, Mar-06-2014 12:00 PM

ZestFinance, Inc. Presents at OASIS: Montgomery Summit, Mar-06-2014 12:00 PM. Venue: Fairmont Miramar Hotel & Bungalows, 101 Wilshire Boulevard, Santa Monica, California, United States.

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