Tagged: douglas merrill

Three Month Old Basix Loan Services Makes Millions: ZestFinance Secures $150M Debt Financing Deal with Fortress Investment Group

October 6, 2015 @ 11:01 am By Erin Hobey |

Not yet a toddler, the three month old loan service Basix has hit some enviable milestones. California-based online lending startup, ZestFinance, has secured a $150 million debt financing deal with global investment giant Fortress Investment Group for Basix. Founded in 2009 by former Google CIO Douglas Merrill, ZestFinance… Read More

JD.com & ZestFinance Partner on Consumer Credit in China

June 27, 2015 @ 10:56 am By JD Alois |

One of China’s largest direct sales platforms JD.com (Nasdaq:JD), and US based ZestFinance, a have formed an agreement to launch a joint venture called JD-ZestFinance Gaia. This new partnership is designed to support the development of consumer credit in China. The combined initiative will incorporate ZestFinance’s… Read More