Fintech flashpoint: How ZestMoney's collapse mirrors the turbulence in the industry
![Fintech flashpoint: How ZestMoney's collapse mirrors the turbulence in the industry Fintech flashpoint: How ZestMoney's collapse mirrors the turbulence in the industry](https://img.etimg.com/thumb/height-450,width-600,imgsize-92648,msid-105882211/.jpg)
Image credit: Illustration by Salman via AI
Synopsis
ZestMoney's fall to death from USD440 million valuation in a matter of a year puts question marks on the poor loan recovery among fintech lenders. What is in store for the BNPL platforms which rapidly expanded on the back of unsecured loans?
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