Zilch raised £100M in a securitised debt financing deal arranged by Deutsche Bank to fuel expansion strategy.
Amount Raised
£100 Million
Round Type
Debt Financing
LondonData And AnalyticsFinanceFintechInvestors
Description
Zilch, the ad-subsidised payments network, has secured a key £100 million securitised debt financing from Deutsche Bank, enabling the company to grow its business and accelerate the creation and launch of new products for a broader customer base. The financing will also allow Zilch to triple sales volumes and achieve significant capital efficiencies.
Quick answer
Zilch raised £100 Million in a Debt Financing round, dated June 19, 2024. Investors: Deutsche Bank. Zilch is based in London, England, United Kingdom.
- How much did Zilch raise?
- Zilch raised £100 Million in a Debt Financing round on June 19, 2024.
- Who invested in Zilch?
- Deutsche Bank is named as investors in this round.
- What does Zilch do?
- Zilch has also had a strong focus on expanding into the US market.
- Where is Zilch based and how big is it?
- Zilch is based in London, England, United Kingdom. Fundz records about 296 employees.
- Who are the decision-makers at Zilch?
- Fundz holds 3 contacts at Zilch, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Finance around the same time
Companies in the same sectors as Zilch that raised within 45 days of this round, from Fundz verified event records.
- Clix Capital raised $20M on August 1, 2024.
- Digitt raised $50M (Funding Round) on July 24, 2024.
- Sokin raised an undisclosed amount on July 24, 2024.
- Matador Gold Technologies raised $829K on July 23, 2024.
- Seeds Fincap Pvt. Ltd raised $8.5M (Series A) on July 17, 2024.
- Tapi raised $22M (Series A) on July 12, 2024.
Who to call at Zilch, and when
A new round usually means Zilch is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Zilch raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Zilch, from your own LinkedIn network
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Related People
Zilch raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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