BNPL Startup Zilch Valued At $500 Million Ahead Of US Launch
newscatcher
2021-04-19 17:30
BNPL Startup Zilch Valued At $500 Million Ahead Of US Launch
The 'over the top' U.K. buy now, pay later (BNPL) startup Zilch has raised $80 million in funding, bringing its value to more than $500 million as it prepares to expand to the U.S. That's according to TechCrunch, which reported Monday (April 19) that Zilch had raised that funding in an all-equity series B led by Gauss Ventures and M&F Fund. Founder and CEO Philip Belamant said in an interview that the company is getting funding from individuals and smaller firms, but that could change in future rounds, the news outlet reported, 'as it looks both to bring in a tier-one debt line, not just to fuel growth in its current market of the UK but to expand to more countries, including the United States.

https://www.pymnts.com/news/investment-tracker/2021/bnpl-startup-zilch-valued-at-500-million-ahead-of-us-launch/

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