Startups
Payments Startup Zilch Expects to Be Profitable in Months, Seeks IPO Next Year
- The firm has held discussions with Nasdaq, NYSE and LSE
- Zilch CEO joins Unicorn Council to lobby for UK fintechs
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Zilch Technology Ltd. is close to becoming profitable and is looking to pursue an initial public offering next year, according to its Chief Executive Officer Philip Belamant.
The British buy-now-pay-later platform expects to turn cashflow positive “within months” and be profitable on a monthly basis as soon as its next financial year, which starts in April, Belamant said in an interview on the sidelines of Citigroup Inc.’s DisrupTech conference in London.