Zilch Technology Limited was incorporated.

We launched our Beta product with a team of 12 – small but mighty (and destined for big things).

With a dream and an $11 million investment, Zilch became a reality.

Getting straight on our game plan, we partnered with Credit Kudos to introduce open banking to the Buy Now, Pay Later (BNPL) market.

Zilch is approved by the FCA’s Regulatory Sandbox, becoming the first ever BNPL to be FCA-licensed.

Our total valuation hit $500 million following Series B investment. It’s safe to say, we’d made a splash.

Pay in 4 was made available on Tap and Pay, a UK industry first (not bragging…)

We had a real oh-wow moment when Goldman Sachs and DMG Ventures got involved, investing $110 million.

We soared to 1 million customers and over £100 million in sales in just 13 months. Yeah, we had to double take that one, too.

Partnering with Bicester Village, customers could now Pay in 1 and Pay in 4 at any of their destinations worldwide.

Double unicorn? Nailed it. We became the fastest company in Europe to go from Series A to Unicorn status.

Our customers were happy, too. We were the highest-rated BNPL service in the UK, with 4.6 on Trustpilot and 37,000+ reviews.

Zilch reached 2 million customers… but we weren’t stopping there.

We crossed the pond and launched our Beta product stateside (with a waitlist of customers).

One more goal ticked off, we joined the Financial Technology Association (FTA).

We had a pinch-ourselves moment when we were awarded Credit Card Provider of the Year.

We hit 3 million customers in record-breaking time.

Fist pump moment… We became profitable on a per-transaction basis for the first time.

We reached over £1 billion cumulative GMV. No biggie.

We became the first BNPL provider to report to all three credit reference agencies. We’re super proud of this one.

We partnered with StepChange to continue to lead the way in responsible lending.

Our partnership with Yapily is all about bringing affordable credit solutions to millions—because everyone deserves a fair chance.

We launched our Ad-Subsidised Payments Network (ASPN), our proprietary ad-sales platform. Check out our whitepaper on the “Googlisation of Payments“.

We celebrated the opening of our new technology hub in Krakow, Poland, establishing a European Centre for Excellence—innovation on a whole new level.

We had the honour of opening the Markets at the London Stock Exchange, celebrating our customer base surpassing 3.5 million!

With the official launch of ZilchUp, we’re providing even more affordable credit options to help customers build stronger financial futures.

New year, new office! Zilch officially moved into a spacious 18,500 square foot office in Victoria—over twice the size of our old spot.

We launched our Pay Over 3 Months interest-free regulated product—giving customers more flexibility and control, without the worry of extra costs!

Zilch took the lead in a groundbreaking moment for UK fintech by founding the first-ever Unicorn Council for UK Fintech (UCFT)! Read its six key policies.

We signed a multi-year contract with Checkout.com for global acquiring, supercharging our financial infrastructure.

Our collaboration with (Amazon Web Services) AWS introduced AI-driven solutions at Zilch, enhancing personalised affordability limits and fraud detection.

Our CEO and Co-Founder, Philip Belamant, kicked off this year’s AWS Summit with a show-stopping keynote in front of 50,000 attendees. Watch it here. 

We smashed another milestone: over 4 million customers in just 44 months! Our total GMV (Gross Merchandise Value) also crossed the $3 billion mark.

To fuel our ambitious growth strategy, we secured a £100 million securitised debt financing deal with Deutsche Bank (DB). Big plans need big backing, and we’ve got it!

Our CEO and Co-Founder, Philip Belamant, won Credit Strategy’s ‘UK Business Leader of the Year’ for the third consecutive year, alongside industry leaders like Sky and HSBC.

We renewed our partnership with next-gen payments platform Thredd to drive billions in commerce and deliver incredible savings and rewards.

A milestone month: Zilch reached profitability within four years, doubled growth year-on-year to a $130 million ARR, and welcomed Mark Wilson to our board.

Zilch turned 4! We celebrated 4 years of helping our 4 million+ customers save over £500 million in fees and interest, sparking a new wave of financial inclusion.

We announced the expansion of our securitisation facility to £150 million, backed by Deutsche Bank and joined by two of the world’s largest global credit funds.