UK Buy-Now-Pay-Later Fintech Zilch Eyes IPO After Hitting $300M Run-Rate Despite Tripling Losses
UK fintech Zilch posted strong revenue growth to £147.5 million but saw losses rise to £35.9 million, driven by higher customer acquisition and credit costs. The company reached a $300 million annual run‑rate, grew its active user base to 970 k, and is lining up investment banks for a potential IPO next year.