Zilch, a buy now pay later FinTech, has raised €47.9mn (£41.37mn) funding.
In Brief:
The capital comes as an extension of Zilch’s Series C round.
Total Series C funding is now at over €153mn.
Zilch’s investors include Ventura Capital, Goldman Sachs Asset Management, Gauss Ventures, DMG Ventures, M&F Fund and Limited Ventures.
What does this mean?
The new capital will be used to fuel the growth of the business as Zilch works to keep up with regulation in the sector.