Zilch IPO - Private Equity Investing | Linqto Private Investing

Summary*

Zilch, a London-based buy now, pay later (BNPL) fintech company, has secured £100 million in securitized debt financing arranged by Deutsche Bank. Founded in 2018, Zilch has rapidly grown to over 4 million customers and processes more than 10 million monthly payments. The company offers customers a combined reward-earning debit and zero-interest installment product.

This latest financing deal aims to help Zilch triple its sales volume and achieve greater capital efficiencies. CEO Philip Belamant stated the funding will accelerate the rollout of new features to expand Zilch's wallet and market share. The company is currently adding over 100,000 new customers monthly and doubling year-over-year revenue.

Valued at $2 billion, Zilch has engaged in discussions with major stock exchanges including the London Stock Exchange, New York Stock Exchange, and Nasdaq regarding a potential listing. While no final decision has been made on the venue, the company is working towards an initial public offering (IPO) in the future, potentially as soon as 2025.

CFO Hugh Courtney noted that this financing establishes a benchmark for pricing future debt issuances and represents a significant milestone in Zilch's path towards an IPO. The successful raise and continued growth trajectory suggest investor interest in Zilch's business model within the competitive BNPL space.

As Zilch progresses towards a potential public debut, market conditions, regulatory developments in the BNPL sector, and the company's financial performance will likely play key roles in determining the timing and success of any future IPO. For now, Zilch appears focused on leveraging its new funding to drive expansion and solidify its market position in preparation for a possible public offering.

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How to invest in Zilch

While Zilch's IPO prospects remain uncertain, investors eager to gain exposure to innovative fintech companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the buy-now-pay-later sector. Our platform allows you to diversify your portfolio with lower minimum investments in promising companies like Zilch, potentially benefiting from their growth before they go public.

Sources

1 - Fortune - CEO Philip Belamant will consider Nasdaq, the New York Stock Exchange and the London Stock Exchange.

2 - Biztoc.com - CEO Philip Belamant will consider Nasdaq, the New York Stock Exchange and the London Stock Exchange. Read More

3 - Biztoc.com - British fintech firm Zilch says it's raised $125 million in debt from Deutsche Bank to help it further its path toward an eventual initial public offering.

4 - Biztoc.com - Fintech’s chief says he has had positive discussions with Conservative and Labour parties ahead of possible listing

5 - CNBC - British fintech firm Zilch says it's raised $125 million in debt from Deutsche Bank to help it further its path toward an eventual initial public offering.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.