Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s demand brewing for deal-making, for startups to be snapped up in the bid to buy rather than build operations, and for...
British buy now, pay later (BNPL) provider Zilch Technology is reportedly considering launching an initial public offering (IPO) in 2025. Zilch has not selected a venue for an IPO but has talked with Nasdaq, the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE),...
British buy now, pay later (BNPL) firm Zilch has launched a new credit payment product. The company says its “Pay over 3 months” product, announced Thursday (Sept. 22), does what its name implies, letting customers stretch interest-free repayments for larger purchases over three months. “Today’s product...
Zilch, a U.K.-based ad-subsidized payments network, has launched a new credit product called Zilch Up. Aimed at empowering individuals who are typically excluded from mainstream credit, this offering provides access to millions of people to build their financial profiles safely and responsibly, without incurring any...
February 15, 2023
The U.K. has launched a long-awaited consultation aimed at regulating the BNPL sector. The eight-week consultation, which started Tuesday (Feb. 14) and was announced by the HM Treasury, comes two years after the government announced its intention to tighten rules around the use of interest-free buy now, pay later (BNPL) products and bring them into […]
August 22, 2022
Buy now, pay later (BNPL) is a consumer credit solution typically sold to retailers who then allow eligible consumers to use it to pay in installments. But what changes when...
February 24, 2022
The use of buy now, pay later (BNPL) has exploded in the past few years as more and more consumers tap into the opportunity to pay for expensive, one-time retail...
June 19, 2024
British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch new products for a wider customer base as it prepares to go public, Zilch announced Wednesday (June 19). “With this new securitization, we’re poised to triple sales volumes and achieve […]
March 15, 2024
British buy now, pay later (BNPL) provider Zilch Technology is reportedly considering launching an initial public offering (IPO) in 2025. Zilch has not selected a venue for an IPO but has...
February 22, 2024
British buy now, pay later (BNPL) firm Zilch has launched a new credit payment product. The company says its “Pay over 3 months” product, announced Thursday (Sept. 22), does what its...
October 12, 2023
Zilch, a U.K.-based ad-subsidized payments network, has launched a new credit product called Zilch Up. Aimed at empowering individuals who are typically excluded from mainstream credit, this offering provides access...
