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Evening Standard
Evening Standard
Business
Simon Hunt

Zilch hits profitability as cash-strapped Brits turn to ‘pay later’ products

Zilch CEO Philip Belamant

(Picture: Zilch )

Buy now, pay later business Zilch hit another milestone on its path to dominate the market today as the firm said it had turned a gross profit and surpassed three million users.

The London-based fintech, which offers customers the choice of deferring payment for online purchases, said revenue had tripled in the past six months, while it had now reached profitability across its product suite.

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