Zilch Raises $175 Million to Support Expansion and Acquisitions
UK-based fintech Zilch has raised $175 million in a combination of equity and debt to support expansion, product development, and a more active acquisition strategy. The round — led by KKCGDealroom has a profile for this one. Try Dealroom → , with participation from BNF CapitalDealroom has a profile for this one. Try Dealroom → — keeps the company’s valuation at $2 billion , while Deutsche BankDealroom has a profile for this one. Try Dealroom → arranged the expansion of its debt securitisation facility.
Founded in 2018, Zilch has grown from a pure buy now, pay later (BNPL) provider into a wider consumer payments platform that blends instalment options with budgeting tools, shopping discovery, and rewards. The company now has more than five million users , reflecting its efforts to broaden its appeal beyond traditional BNPL and compete in the wider digital commerce space.
The new funding comes at a period of tighter regulation and increased competition in the UK payments market. For Zilch, expanding through strategic acquisitions is a way to deepen its capabilities and access new customer segments. CEO and cofounder Philip BelamantDealroom has a profile for this one. Try Dealroom → said the company is particularly interested in businesses with strong consumer relationships or expertise in marketing and advertising technology — areas that could complement Zilch’s push into more personalised, data-driven commerce.
Alongside potential M&A, Zilch will use the capital to strengthen its market presence and further develop its product suite. A key initiative is Zilch Pay , a one-click checkout experience expected to launch in 2026. The product is designed to simplify online payments while integrating Zilch’s instalment options and loyalty features directly at the point of sale.
In its latest financial year, Zilch reported £110.3 million in revenue and a £10.4 million pre-tax loss , reflecting ongoing investment in technology and growth. Despite the losses, the company argues that scale remains essential in a market where margins are thin and customer acquisition is costly.
Sources:
Zilch
Sifted
Tech.eu
Tech Funding News
J.V.
