Zilch, the consumer payments platform powering the future of commerce, has raised over $176.7m in debt and equity to accelerate its global growth ambitions.
The round was led by KKCG with participation from BNF Capital and several strategic investors, alongside an expansion of its securitisation facility driven by Deutsche Bank.
The fresh funding comes as Zilch seeks to capitalise on the momentum created by two major product launches. The business said the raise supports its push to scale brand visibility through increased ATL marketing, advance product development, enhance its payments platform and explore strategic M&A opportunities.
Founded in 2020, Zilch aims to eliminate high-cost credit by offering a consumer payments platform designed to work in customers’ favour. Its model rewards users for the retail value they create, helping drive customer stickiness and enabling merchants to acquire customers more efficiently. Zilch has grown rapidly, now serving more than 5.3m users who collectively complete almost 60 transactions per year on average. The company has processed over £5bn of commerce and supports payments across major retailers including Amazon, eBay, Tesco and Sports Direct.
The company’s new product suite is designed to reinforce its position in the modern commerce ecosystem. Intelligent Commerce, an AI-powered platform using live engagement data to deliver real-time insights, has emerged as one of Zilch’s fastest-growing revenue streams. Meanwhile, Zilch Pay—scheduled for launch in H1 2026—promises a one-click checkout flow intended to secure a larger share of consumer spending.
Additional enhancements, including platform upgrades and strategic expansion initiatives, are also part of the company’s roadmap supported by the raise.
Philip Belamant, CEO and Co-Founder of Zilch said, “In just five years, we have rewired the relationship between brands and their customers, offering a different way to pay that brings mass benefits to both consumers and merchants. This funding reflects strong confidence in our team, strategy and execution, enabling us to continue scaling at pace.
“Our newly launched products are already driving outsized growth, and with the support of a world-class group of debt and equity investors, we’re well positioned for the next phase of expansion. In a market where many have found raising capital difficult, the network and strategic leadership of my co-founder, Sean O’Connor, have been instrumental in helping us achieve this outcome and we are excited for the year ahead.”
Hugh Courtney, chief financial officer added: “Our ability to attract world-class investors at a time when many remain highly selective in their capital deployment is testament to the strength of the business we are building. Future-proof innovation, diversified revenue streams and a highly engaged customer base are all critical factors in our rapid growth and we look forward to working with our shareholders to build on these successes, eliminate high-cost credit and rewire the economics of commerce.”
Karel Komarek Jr., CEO of KKCG US Advisory commented: “KKCG is all about finding new solutions in established industries and creating sustainable value. Zilch’s impressive track record demonstrates that its approach to using technology to challenge the status quo and re-engineer the credit landscape delivers exceptional value for consumers and businesses. We’re looking forward to being part of this exciting next stage of their journey.”
Recently, Kapitale secured a $25m credit facility from a fund managed by Pier Asset Management, a private credit investment firm focused on specialty finance.
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