31 August 2023

Zilch hits 3.5 million users

Written By FinTech Alliance in FinTech

Zilch hits 3.5 million users

'Buy now, pay later' provider Zilch has passed 3.5 million customers in three years since its launch.

In brief:

-Profitability is nearing for Zilch, according to its CEO and co-founder Philip Belamant

-It saw customer numbers and its value soar in a short space of time, adding 3 million of its customers in its first two years and becoming a fintech unicorn in its first 18 months with a $2bn valuation

-Having consistently maintained one of the highest Trustpilot ratings of any financial product, Zilch is today one of the most respected and valuable of the 20 UK fintech unicorns

What does this mean?

"Many customers are using Zilch daily with our average customer using the product 100 times a year. Zilch has already driven over £1.5bn in commerce to retailers and put over £300m of savings and rewards back into the pockets of customers. And this is just the beginning." Zilch CEO and co-founder Philip Belamant said.

Read more here.

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