Zilch has secured a further $30mn in equity funding for its Series B round.
In Brief:
-
The round was oversubscribed and has been closed in less than three weeks.
-
The round included Gauss Ventures and Simon Nixon, founder of Money Supermarket.
-
Zilch offers an over-the-top solution with Mastercard.
What does this mean?
Zilch is now fully FCA licensed and will use the funding to develop its services. It is growing at 120% per quarter, according to UK Tech News, and has about 30,000 monthly registrations.
