PayPal Co-Founder Peter Thiel Invests In ZestFinance

Big data underwriter ZestFinance announced it raised $20 million in new fundraising on July 31, All Things D reported. The Series C round was led by entrepreneur and PayPal co-founder Peter Thiel.

The funding will assist the company as it looks to help Americans with poor credit gain access to financing. For more details on the funding, read the full report here.