PayDay Loan Company ZestCash Raises $73 Million
Amit Chowdhry | January 19, 2012 | 500 views | Add a CommentCategorized under Douglas Merrill, Flybridge Capital Partners, GRP Partners, Lighthouse Capital Partners, Lightspeed Venture Partners, Victory Park Capital, ZestCash

ZestCash is a payday loan company that was founded by former Google CIO and VP of Engineering Douglas Merrill. ZestCash aims to legitimize the payday loan industry. ZestCash has raised $73 million in a new round of funding. Matrix Partners provided $23 million in the form of an equity round. Existing investors Lightspeed Venture Partners, GRP Partners, Flybridge Capital Partners, and Lighthouse Capital Partners also participated in this round. The company also raised a separate $50 million line of debt financing from Victory Park Capital.

