What is Zilch Technology?
Zilch Technology operates as a direct-to-consumer ad-subsidised payments network, headquartered in London. The company innovatively combines payments and advertising to provide customers with flexible payment solutions for both online and in-store transactions. Its core vision is to eliminate the cost of consumer credit, positioning itself as a disruptor in the financial services landscape. The company's business model focuses on offering a unique value proposition to consumers by integrating advertising revenue streams to subsidize payment services, thereby reducing or eliminating credit costs.
How much funding has Zilch Technology raised?
Zilch Technology has raised a total of $671M across 5 funding rounds:
Series A
$10M
Series B
$197.5M
Series C
$160M
Debt
$126.8M
Debt
$176.7M
Series A (2020): $10M, investors not publicly disclosed
Series B (2020): $197.5M led by Gauss Ventures
Series C (2021): $160M supported by Ventura Capital Group, Gauss Ventures, and Goldman Sachs Asset Management
Debt (2024): $126.8M featuring Deutsche Bank
Debt (2025): $176.7M backed by BNF Capital and KKCG Group
Key Investors in Zilch Technology
KKCG Group
KKCG Group is an international investment company managing over EUR 6 billion in assets across 19 countries, with strategic interests in gaming, oil and gas, technology, and real estate. They are known for backing innovative ventures and driving growth through diverse portfolios.
BNF Capital
BNF Capital partners with global leaders to craft solutions that drive results, emphasizing curiosity and expertise. They are committed to making opportunities a reality and achieving remarkable outcomes in their development projects.
Gauss Ventures
Gauss Ventures focuses on investments in the fintech and data economy sectors, backing high-impact technologies that reshape industries. They support innovative solutions that drive significant industry transformation and foster advancements in finance and data management.
What's next for Zilch Technology?
The recent major strategic investment in Zilch Technology signals a pivotal moment for the company's expansion and product development. With a clear vision to reshape consumer credit, Zilch is poised to leverage this capital infusion to enhance its platform, broaden its market reach, and potentially explore new technological integrations. The company's ongoing pursuit of capital suggests a strategy focused on aggressive scaling and solidifying its market position against competitors in the burgeoning fintech space. Future developments are likely to center on optimizing its ad-subsidised model and enhancing customer acquisition and retention strategies.
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