Gauss Ventures
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Gauss Ventures

UK buy now, pay later start-up quadruples valuation to $2 billion, plans U.S. expansion

  • London-based start-up Zilch has raised $110 million in a round of funding that values it at $2 billion, four times the $500 million it was worth eight months ago.
  • Zilch plans to use the fresh cash to launch into the United States. It has set up an office in Miami with about 10 employees working on its U.S. expansion.
  • The firm has experienced massive growth amid surging demand for buy now, pay later services like Klarna, Afterpay and Affirm.

Source: https://www.cnbc.com/2021/11/10/uk-buy-now-pay-later-start-up-zilch-raises-funds-for-us-expansion.html

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