Zilch, the UK-based payments and BNPL firm that offers personalized credit lines to consumers based on “affordability”, is actively considering an initial public offering, and has engaged over 15 investment banks to that end. While Zilch has yet to decide on where to list – New York or London – CEO Philip Belamant said that the company is encouraged by what it’s seeing in both markets. He added that despite the move to go public, Zilch is currently “months” away from reaching profitability.
British Payments App Zilch Has Met With More Than 15 Banks Over IPO Plans