Overview

• Zilch raised $127 million through a securitized debt financing deal arranged by Deutsche Bank.
• The funding will support the development of new products and the expansion of its retail partner network.
• CEO Philip Belamant highlighted the company's intention to pursue an IPO, with venue options including London and New York.
• Zilch serves over 4 million customers and processes more than 10 million monthly payments.
• The company is positioning itself to benefit from the growing popularity of buy now, pay later services.