Lizzie Chapman, co-founder of Swiffy Labs, reportedly has stepped down from her role at the Reliance-backed financial services infrastructure startup. 

A Swiffy Labs spokesperson confirmed to The Economic Times that while Chapman has stepped away from her operational role, she will continue to be associated with the company in an advisory capacity.

Chapman co-founded Swiffy Labs in August 2023 after stepping down from her previous venture ZestMoney.

Swiffy Labs specializes in building loan origination, loan management, and payment systems to support embedded financial services.

Chapman's LinkedIn shows that she currently serves as a partner at Berkeley Square Finance Group (BSFG). BSFG focuses on helping lending firms raise debt funding and access capital markets to strengthen their financial capabilities. BSFG is startup launched by former co-founder of Stashfin Parikshit Chitalkar and Siddharth Das, former co-CEO of Jio Financial Services.

After failed acquistion talks with PhonePe, ZestMoney was acquired by DMI Group in a fire sale.