ZestCash, Inc., a financial services technology startup committed to serving the needs of the underbanked, announced it has closed a $73 million round of funding. The company raised $23 million in an equity round led by Matrix Partners, which will help fund ZestCash’s innovation in underwriting, expansion into additional states, and company growth. The company also raised a separate $50 million line of debt financing from Victory Park Capital to fund its growing customer loan portfolio.

ZestCash’s Series A investors – Lightspeed Venture Partners, GRP Partners, Flybridge Capital Partners, and Lighthouse Capital Partners – also fully participated in the round.

“Matrix looks to invest in the companies and entrepreneurs who will radically change the way big markets run, and ZestCash brings innovation to a giant category,” said Dana Stalder, general partner at Matrix Partners and former PayPal executive. “ZestCash will disrupt the financial services industry by offering new services to millions of unbanked consumers. The opportunity is analogous to my experience at PayPal in the sense that both PayPal and ZestCash have figured out a way to provide more cost effective services to customers through the novel application of analytics and technology.”