Buy now, pay later business Zilch has extended its Series B round by $110mn.
In Brief:
It’s added the funding through debt and equity.
This has been backed by Goldman Sachs and the Daily Mail venture capital arm, DMG Ventures.
Total raised now stands at over $200mn.
What does this mean?
For Zilch, a London based startup launched in 2019, the new capital will enable it to scale at pace since demand for BNPL services is increasing. The firm plans to expand into the US and hire 100 new staff this year.
