Zilch: Raises $50M; Brings Total Series C To $160M

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Zilch Raises $50M; Brings Total Series C To $160M

  • Zilch, a London, UK-based credit payment innovator, secured an additional $50m in funding, taking the total raise for its Series C to $160m
  • The extension brings total funding to more than $460m in debt and equity
  • The company intends to use the funds for business growth, with a focus on the US market where Zilc h recently opened its Miami office and launched with more than 150,000 pre-registered customers
  • The company is advancing products for customers to manage cash flow and to ensure consumer protection and financial health from the start
  • The company has over 250 employees based across its offices in London, Miami and Krakow
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