Zilch sees revenues uplift but losses increase
Zilch, a UK-based fintech offering loans, BNPL, and debit card services, saw revenues grow 36% to £147.5m for the year ending March 2026, while losses increased nearly threefold from £12.5m to £35.8m due to customer acquisition costs, brand building, and credit loss provisions. The platform's gross merchandise value rose 28% to £2.4bn, with active users up 21% to 970,000. Backed by Goldman Sachs and eBay, the company is reportedly preparing for an IPO as soon as next year.
Key points
- Revenue grew 36% to £147.5m
- Losses increased to £35.8m from £12.5m
- Active users reached 970,000, up 21%
- IPO planned for next year
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