ZestCash Receives $19,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0ca4de8f-41b8-414f-b335-3091f0de2cad&Preview=1
Date
7/21/2011
Company Name
ZestCash
Mailing Address
6427 West Sunset Boulevard Los Angeles, CA 90028
Company Description
ZestCash offers a fair and transparent alternative for people who need short-term loans but do not have access to traditional credit. We designed ZestCash loans to help people meet their basic life needs without getting themselves into a vicious debt cycle.
Website
http://www.zestcash.com
Transaction Type
Debt, Venture Equity
Transaction Amount
$19,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company said it would use the financing to expand its service to other states.
M&A Terms
Venture Investor
Lightspeed Venture Partners
Venture Investor
GRP Partners
Venture Investor
Flybridge Capital Partners
Venture Investor
Lighthouse Capital Partners