Zilch (Equity)
Funding Details
- Awarder
- Inbox
- Date Award
- June 08, 2025
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Funding Amount:
- $150,000,000
Company Info
- Founding Year
- 2018
- Traction
- Zilch has about four million customers and is on course to record $130m in annual revenues, with sales and income expected to nearly double compared to the previous year. It recently reported its first full quarter of profitability.
- Revenue Amount
- $130,000,000
- Organizations Involved
- eBay
- Founders
- Philip Belamant
- Company Description
- Zilch is a consumer lender that offers a digital debit Mastercard earning up to 5% of spending in rewards, and a credit card option allowing customers to spread repayments with zero interest over six weeks or three months. The company differentiates itself from other Buy Now Pay Later companies by being regulated by the Financial Conduct Authority.
- Market
- Consumer Lending
- Location
- London, United Kingdom
- Coinvestors
- Goldman Sachs, Ventura Capital