China: Baidu makes strategic investment in US fintech firm Zestfinance

China: Baidu makes strategic investment in US fintech firm Zestfinance

Visual of Zestfinance homepage. July 2016

China-based and NASDAQ-listed Internet search provider Baidu has made a strategic investment in US firm ZestFinance, a Los Angeles-based company that uses machine learning to transform vast amounts of complex data into credit scores. Financial terms of the investment are undisclosed.

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