Data Focused Underwriting And Credit Analysis Platform ZestFinance Raises $20M From Peter Thiel And Others

ZestFinance, a company founded by former Google CIO and VP of engineering Douglas Merrill?to legitimize the payday loan industry using machine learning and large-scale big data analysis has raised $20 million in Series C financing led by Peter Thiel with Northgate Capital, Matrix Partners, Kensington Capital Holdings, Eastward Capital Partners and Lightspeed Venture Partners also participating in the round. This brings the company's total funding to nearly $100 million.

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