Zilch, the UK-based buy now, pay later firm that offers ad-subsidized payments, has managed to sustain its valuation of £1.65 billion ($2 billion) by securing a “low single-digit million” equity investment from eBay Ventures. The Klarna rival, which separates itself from other BNPLs through its customer rewards and ad subsidization, surpassed 3.5 million customers in August, with the average customer using the product 100 times a year, according to CEO Belamant.
Zilch Scores Deal With eBay and Holds $2B valuation
