ZestFinance Secures 0 Million in Funding From Fortress

LOS ANGELES–(BUSINESS WIRE)–Today ZestFinance, one of the fastest growing US financial technology companies, announced it has raised $150 million in financing from funds managed by affiliates of Fortress Investment Group LLC (NYSE: FIG), a leading global investment firm with approximately $70 billion in assets under management. Additionally, in a separate press release, ZestFinance announced it has received several awards this year for its unique workplace, talented team, and strong business growth. 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. “The Fortress investment is a major vote of confidence from one of the…

Link to Full Article: ZestFinance Secures 0 Million in Funding From Fortress

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