13. Zilch

Company: Zilch

Founder: Philip Belamant

Website: https://www.payzilch.com/

Business: “Buy Now, Pay Later” fintech provider that is bringing a transparent and customer-centric credit alternative to lending.


About Zilch

Zilch, the London-based ‘buy now, pay later’ (BNPL) fintech provider recently became the fastest-ever to reach Unicorn status in Europe – valued at $2BN in November – up from just $600M in March 2021.

Going from Series A to Unicorn in 14 months, Zilch’s customer base has also grown from 0 to 1 million customer milestone in the first 13 months after launch. Since March 2021, the business has grown over 800% as it continues to add 200,000 new users every month.

Zilch is one of the UK’s first fully FCA regulated BNPL providers, having worked with the FCA’s regulatory Sandbox programme for 12 months before launch. Zilch is a pioneer of BNPL 2.0 with a unique approach to the payments that its founder & CEO, Philip Belamant says is “this is just the start”.

Fuelled by Millenials’ and Gen Zs’ demand for convenience, Zilch is bringing a transparent and customer-centric credit alternative to lending, all the while keeping responsibility and consumer financial wellness at its core.




Its mission is to revolutionise the credit payment industry and create innovative products that provide financial inclusion for everyone. Zilch is currently the only player to take advantage of Open Banking Technology, which enables a real-time view and understanding of a customer’s affordability profile.

This means never lending a customer more than they can afford to pay back and full transparency of a consumer’s financial history ensures alerts can be put in place to better help plan their cash flow. Their entire business model is aligned with an overarching mission to always put the consumer first, in everything they do.

The Unicorn’s over-the-top, direct-to-consumer model allows Zilch to build direct relationships with customers and scale significantly faster than its competitors.

Customers can pay wherever Mastercard is accepted, online and in-store thanks to Zilch’s merchant agnostic deployment strategy that allows both debit and credit transactions on its platform. As a result, customers make use of its services five times a month on average and open its app more than 15 times per month – which is more than some customers use competitor services in a year.

Zilch is the fastest-growing BNPL in the UK. The company has also significantly grown its headcount by over 10 times in 2021 and now has over 210 employees based across its offices in London, Miami and Krakow.

With plans for continued growth across the globe, Zilch is playing a leading role in the financial revolution that will bring better, more accessible services to consumers around the globe.


Does Your Business Need Funding? Get Funding – Enquire Today >>>


The TechRound 100 is proudly sponsored by