Buy now, pay later: London-based fintech startup Zilch raises a further €93.4 million for its continued expansion

Zilch Raises Additional $110M in Funding

London-based fintech startup Zilch has raised €93.44 million in debt and equity funding to service the growing demand for its unique “buy now, pay later” (BNPL) product. The funding comes from Goldman Sachs Asset Management, DMG Ventures (the venture capital arm of the Daily Mail and General Trust plc) and others. Zilch will use the fresh capital to further accelerate its growth with nationwide media campaigns in the UK and the launch of its services in the US. Zilch is committed to providing customers with the ability to manage their cash flow responsibly and is one of the first fully regulated BNPL providers in the UK.

Zilch Raises €93.4 Million for BNPL Expansion

Zilch is a London-based fintech startup that offers a unique “buy now, pay later” (BNPL) product, allowing customers to shop wherever MasterCard is accepted and spread their payment over six weeks for zero interest and zero fees. The company is committed to providing customers with the ability to manage their cash flow responsibly and is one of the first fully regulated BNPL providers in the UK. Zilch is built upon responsibility, offers transparency and is the only player in the industry that uses Open Banking technology combined with soft credit checks to gain a real-time view and understanding of the consumer’s affordability profile and make an accurate recommendation of what they can afford, preventing problem debt.

Zilch is a London-based fintech startup that offers a unique “buy now, pay later” (BNPL) product, allowing customers to shop wherever MasterCard is accepted and spread their payment over six weeks for zero interest and zero fees.

4 years ago

Zilch Raises €93.4 Million for BNPL Expansion

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