ZestFinance is proud to announce a major milestone in our journey toward revolutionizing the lending industryâwe have successfully raised $253,000,000 in our latest funding round. This significant investment reinforces the growing belief in our mission: to make fair and transparent credit available to everyone by leveraging cutting-edge machine learning technology. Since our founding in 2009 by former Google CIO Douglas Merrill, we have continuously pushed the boundaries of innovation to create our Zest Automated Machine Learning (ZAMLâ˘) softwareâthe only solution for explainable AI in creditâwhich has empowered the worldâs most innovative lenders to make more profitable decisions and minimize risk. The fresh capital will be strategically deployed to fuel our expansion efforts, advance ZAML further, and scale our operations to ensure that our flagship technology is equally accessible to global financial institutions. With ZAMLâs ability to process vast amounts of diverse data, we improve credit assessments, allowing lenders to identify quality borrowers more effectively, lower credit costs for consumers, and drive higher repayment rates. This investment also supports our commitment to attracting and retaining a team of exceptionally talented, diverse, and imaginative individuals, whose unique perspectives are critical to driving innovation and solving hard problems that impact peopleâs daily lives. As one of the fastest-growing U.S. financial technology startups, ZestFinance is acutely aware that each funding milestone not only fuels our growth but also brings us closer to our vision of a more inclusive lending environment. We are excited for the future and look forward to leveraging these funds to continue making a significant difference in the world of credit.
ZestFinance Secures $253 Million to Revolutionize Fair, Transparent Lending with Explainable AI
Recently funded ¡ $253.0MFinancial Services
Get the full ZestFinance company profile
Access contacts, investors, buying signals & more
Other recently funded companies
View all
DiscreteStack
DiscreteStack is a private AI operating system that enables enterprises to deploy, govern, and scale AI on their own infrastructure â at predictable cost. Instead of relying on external models and usage-based APIs, businesses run AI on their own infrastructure - with full control over data, behavior, and cost. Designed for companies where AI moves beyond experimentation into core operations, DiscreteStack turns AI from an external dependency into an internal capability. Because when AI becomes critical, access is not enough. Ownership is.
$925.5K Seed
today
DeHaat Honest Farms
DeHaat Honest Farms is on a mission to make pesticide-free food the new standard in India, and since 2022, that mission has had a name. People are the strength behind this brand, a passionate, driven team spread across the country, united by one purpose: delivering on every promise made. Trust is at the core of everything, from the farmers we partner with to the consumers we serve.
$3.7M Pre-seed
