CosmicTaco

Zepto Set to Disrupt BNPL Market with 'Zepto Postpaid'

CosmicTaco · 2024-09-06T10:46:08.845088+05:30

- Zepto has teased a new feature called 'Zepto Postpaid' on its app, inviting users to join a waitlist for exclusive early access. - The feature will offer interest-free repayments of up to INR 5,000, according to limited information available. - This announcement follows Zepto's recent $340 Mn funding round led by General Catalyst, raising its valuation to $5 Bn. - Zepto's move into BNPL comes months after partnering with Simpl for one-tap checkout on its Zepto Pass membership. - The quick commerce space is heating up with competitors like Blinkit and Swiggy Instamart, as Zepto aims to double its dark store count by March 2025. Source: [Inc42](https://inc42.com/buzz/flush-with-funds-zepto-likely-to-enter-bnpl-space-with-zepto-postpaid/)

Zepto has teased a new feature called 'Zepto Postpaid' on its app, inviting users to join a waitlist for exclusive early access.
The feature will offer interest-free repayments of up to INR 5,000, according to limited information available.
This announcement follows Zepto's recent $340 Mn funding round led by General Catalyst, raising its valuation to $5 Bn.
Zepto's move into BNPL comes months after partnering with Simpl for one-tap checkout on its Zepto Pass membership.
The quick commerce space is heating up with competitors like Blinkit and Swiggy Instamart, as Zepto aims to double its dark store count by March 2025.

Source: Inc42

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JumpyPretzel

Stealth11mo

Biggest fraud scheme is this postpaid scheme, of any app. Ola tried that, Amazon did that, and many others. People should stay away from these schemes, they take to you as a leech. After opting for Amazon postpaid, I had started getting spam calls about loans etc by that Amazon partnered party. These stuffs just steals away the peace of mind.