Zilch expands debt facilities to £395m in round led by Deutsche Bank

Zilch just secured a major funding boost, raising its total debt facilities to £395 million. This round was led by Deutsche Bank and signals that large institutional lenders still have a high appetite for Buy Now, Pay Later (BNPL) models. For retailers and operators, this is a positive sign of stability. It means one of the market’s major financing providers has the capital necessary to support higher transaction volumes and more customers. This funding isn't just about survival; it is about scaling. Zilch plans to use this capital to triple its sales volume and expand its reach. For merchants, this suggests that consumer financing options will remain robust and available even as the broader economy faces uncertainty. When a lender secures this level of backing from a global bank like Deutsche Bank, it typically leads to better tech integrations and more aggressive customer acquisition strategies. You can expect Zilch to be more active in the market, potentially driving more traffic to partner merchants who offer their flexible payment options at checkout.

Source: Finextra — Lending

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