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Google foraying into digital lending space by roping in fintech players

ZestMoney is now integrated on Google Pay digital store's Spot platform to offer credit to customers

Topics
GooglePay | Fintech sector | digital lending

Peerzada Abrar  |  Bengaluru 



digital lending, payment apps
Google had rolled out the Spot feature in September 2019, which allows businesses to set up virtual stores on GPay.

Tech giant Google is foraying into the space, which is set to become a $1-trillion opportunity in the next five years, according to sources. Its digital payments app GPay is forming partnerships with fintech firms and has already onboarded ZestMoney to offer credit to consumers, signalling a larger interest to tap the financial services market in the country.

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First Published: Mon, July 27 2020. 06:03 IST

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