4 years ago

Zilch Becomes Fastest European Double Unicorn with €95 Million Series C Funding

  • London-based fintech startup Zilch has secured €95 million in Series C funding, reaching a valuation of €1.7 billion

  • The funding round was led by Ventura Capital and Gauss Ventures, with Goldman Sachs among other notable investors

  • Zilch's unique BNPL platform utilizes Open Banking Technology to prevent problematic debt and is growing rapidly, with over 185,000 new customers registering per month

  • The company has become the fastest growing company in Europe to reach unicorn status, achieving this milestone in just 14 months

  • With the new funding, Zilch is gearing up to launch in the USA and has already secured a lending license in California

  • The company is also planning to hire 150+ people in the US over the next 12-18 months.

      • ProblemFinancial Services

      "making payments more responsible and affordable"

      Solution

      "offers a unique over-the-top platform that is the first of its kind, and utilizes sophisticated Open Banking Technology whereby they only lend a user what they can afford to pay back, preventing problematic debt"

      Covered on