
ZestCash
Okay, so angel investors are ignoring you, VCs won’t give you a second meeting, your credit card is maxed out, and you can’t get a loan from any bank. What do you do? First off, pay-off your credit card. The interest will kill you. Next, look for an alternative.
One option is ZestCash, a financial services technology startup that serves the needs of the underbanked. It has just secured $73 million in its second round of funding. ZestCash doesn’t pull any information from credit burrows. Instead, it uses non obvious variables, like cell phone payment records and how much time applicants spend on our site, to offer loans to its customers. Read more...