Zebit Secures up to $75M in Debt Financing

zebitZebit, a San Diego, CA-based e-commerce marketplace and custom credit solution, secured up to $75M in debt financing.

The round was led by Route 66 Ventures.

The company intends to use the funds to continue to scale and expand its reach.

Led by Marc Schneider, President & CEO, Zebit provides underserved consumers with with up to $5,000 of interest-free credit and access to a marketplace of millions of brand name products. The company is focused on building advanced data-science driven underwriting models at registration and the point of sale, developing new financing solutions, and expanding its e-commerce assortment to build a fully integrated e-commerce and financial brand for consumers to use for their everyday purchases.

FinSMEs

12/10/2018

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