Zilch, a London-based consumer payments platform, announced that it has raised more than 175 million dollars in a combined debt and equity round as it moves into the next major phase of its expansion. KKCG led the round, with participation from BNF Capital and several additional strategic investors, and also included an expansion of the company’s securitization facility, led by Deutsche Bank.
The new capital follows the recent debut of two major product launches that Zilch says have strengthened its appeal to both consumers and merchants. Intelligent Commerce, an AI-powered product that converts live engagement data into real-time insights, has quickly become one of the company’s fastest-growing revenue generators as global interest in Agentic Commerce continues to accelerate. The second product, Zilch Pay, is expected to launch in the first half of 2026 and will offer a one-click checkout experience designed to help the company capture a greater share of consumers’ wallets.
With this latest raise, Zilch plans to increase its above-the-line marketing investment to boost brand visibility, continue developing new products and platform enhancements, and evaluate strategic acquisition opportunities. The company has consistently emphasized its mission to eliminate high-cost credit by building a payments platform that creates value for consumers while helping retailers acquire customers more efficiently.
Since its launch in 2020, Zilch has attracted over 5.3 million customers. Many Zilch users engage with the platform almost sixty times per year, with the most active users engaging daily. The company connects these consumers with thousands of retailers, including Amazon, eBay, Tesco, and Sports Direct, and has processed more than five billion pounds in commerce to date.
Zilch’s rapid growth has been fueled by its technology infrastructure, its AI-enabled approach to payments and personal rewards, and its expanding network of retail partners. With new capital secured and product adoption accelerating, Zilch believes it is well-positioned to reshape the economics of commerce across the UK, EMEA, and beyond.
KEY QUOTES:
“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.”
Philip Belamant, CEO and Co-Founder of Zilch
“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.”
Hugh Courtney, Chief Financial Officer
“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.”
Karel Komarek Jr., CEO of KKCG US Advisory
