IIFL Finance and digital EMI financing platform ZestMoney have entered into a partnership through which they aim to have a loan book of $1 billion (about Rs 8,274 crore) over the next 2-3 years. Under the partnership, IIFL Finance will provide the financing to potentially new to credit customers while doing online and offline purchases through ZestMoney platform. As an industry-first association, IIFL Finance will get access to a new customer base on the ZestMoney platform which has disbursed $1 billion through their platform so far.
IIFL Finance is an Indian diversified financial services company.
