Monzo, Starling, Zilch: The fintech IPOs that could boost London Fintech London markets have suffered a torrid couple of years, but could fintech help turn the tide? Swedish fintech Klarna marked the latest snub to the City after it announced it was pursuing a US-listing despite hopes the firm would float in London. This followed 88 companies leaving the London Stock Exchange (LSE) last year, including [...]
Fintech unicorn council joins Revolut and Zilch bosses for Treasury meeting Fintech Britain’s top fintech officials met Rachel Reeves on Tuesday morning in the Chancellor’s latest financial summit to boost economic growth. The co-chairs of Innovate Finance’s Unicorn Council for UK Fintech joined leading executives at the Treasury’s meeting, City AM has learned. The council, which launched in March 2024, aims to provide the government with policy [...]
US fintech giant Affirm muscles into UK’s buy-now pay-later market Fintech US fintech giant Affirm has launched a UK buy-now pay-later (BNPL) offering as it looks to grab a slice of the fast-growing market in a challenge to the likes of Klarna, Clearpay and Zilch.
Zilch books quarterly profit and readies hiring spree as IPO looms October 10, 2024 Buy-now pay-later provider Zilch is planning to double staff numbers over the next 18 months after booking its first quarterly profit ahead of a much-anticipated IPO.
Zilch: London fintech unicorn hits monthly operating profit ahead of planned listing September 3, 2024 Zilch has reported its first month of operating profit four years after launching, as the fintech unicorn made progress on its financial targets ahead of a much-anticipated stock market listing.
Buy-now pay-later firm Zilch raises £100m debt ahead of hotly-anticipated public listing June 19, 2024 London fintech Zilch has raised £100m in securitised debt financing in a deal arranged by Deutsche Bank ahead of a hotly-anticipated public listing.
Zilch doubles down on AI for buy-now pay-later domination ahead of planned IPO next year May 5, 2024 London fintech Zilch is ramping up its use of artificial intelligence to boost competition with rival buy-now pay-later (BNPL) providers like Klarna and help it achieve profitability ahead of a planned IPO next year.