Key takeaways
- Zilch selected Atlar as its global treasury provider for cash management, forecasting, and payments.
- Founded in 2018 and headquartered in London, Zilch has over 4 million customers, recently became profitable, and generates $130 million in annual revenue.
- Zilch describes itself as operating the world's first ad-subsidized payments network, combining payments and advertising for online and in-store transactions.
- After a $125 million securitization deal with Deutsche Bank in 2024 and with a potential IPO on the horizon, Zilch prioritized real-time cash positions, secure payment controls, and strategic forecasting tools.
Today, we're delighted to announce that fast-growing fintech Zilch has selected Atlar as its global treasury provider for cash management, forecasting, and payments. Headquartered in London, Zilch is one of Europe's most promising fintech companies—we couldn't be more excited to support them in the next phase of growth.
4 million customers, profitability, and $130M in revenue
Founded in 2018, buy-now-pay-later service Zilch has reached several impressive milestones as a business in a short space of time. The UK-based fintech company currently has over 4 million customers, recently became profitable, and generates $130M in annual revenue.
What's more, Zilch is one of those rare companies that has achieved remarkable scale while pioneering something entirely new: the world's first ad-subsidized payments network. Its mission is to eliminate the cost of consumer credit, combining payments and advertising for both online and in-store transactions.
IPO on the horizon
Having closed a $125M securitization deal with Deutsche Bank earlier in 2024, and with a potential IPO on the horizon, the Zilch team began to prioritize having access to real-time cash positions, secure payment controls, and strategic forecasting tools.
At this pivotal point in the company's growth, Zilch chose Atlar as its treasury partner for cash management, forecasting, and payments globally. The team at Atlar couldn’t be more excited to support Zilch in the next phase of its growth towards a future IPO.
If you'd like to see why modern finance teams at companies like Zilch turn to Atlar for treasury tooling, book a demo with our team.
