28 June 2024

From Startup to Double Unicorn: The Journey of Zilch

Written By FinTech Alliance in FinTech

From Startup to Double Unicorn: The Journey of Zilch

Zilch, founded in 2018 by Philip Belamant, achieved unicorn status in just 14 months and is Europe's fastest-growing fintech. 

The company aims to eliminate high consumer credit costs through its ad-subsidized payments network. Zilch offers consumers rewards and interest-free credit while saving them substantial amounts in fees. The firm has grown rapidly, reaching over 4 million customers and generating significant Gross Merchandise Value. Key to their success are regulatory compliance, innovative AI technology, and strategic partnerships with companies like AWS and Checkout.com.

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