ZoomyDonut

US consumer fintech Tally is shutting down :(

They'd raised $170M - Their model was to manage peoples credit cards and then pay off high APR credit card debt by taking on a lower interest loan through Tally, a better debt consolidator.

What does this say about Indian startups like Cred, Cheq? Will these be viable businesses?

11mo ago

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GoofyDonut

Stealth11mo

Wait, that's not the same as the accounting tally software

ZippyMochi

Stealth11mo

Yeah, i was also surprised lol. This is different tally.

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