Zilch Secures $175M Funding Round, Eyes Potential Acquisitions
Photo by Markus Winkler on Unsplash
Zilch, a UK-based BNPL fintech, received $175 million in funding from investors like KKCG and BNF Capital, keeping its valuation at $2 billion. Zilch will use the money for acquisitions, increased market spending, product development, and the launch of Zilch Pay, a one-click checkout solution, in the next year.
Key takeaways
- UK-based buy now, pay later (BNPL) fintech Zilch has secured $175 million in a new funding round, according to Sifted
- The investment, supported by firms including KKCG and BNF Capital, maintains the company's valuation at $2 billion
- Zilch intends to strategically deploy the capital across several key initiatives
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