‘Buy now pay later’ firm Zilch gets backing from Daily Mail-owner
- Date: 22-Jul-2021
- Source: SkyNews
- Sector:Financial Markets
- Country:Middle East
‘Buy now pay later’ firm Zilch gets backing from Daily Mail-owner
One of the biggest players in Britain’s fast-growing ‘buy now pay later’ finance sector will announce on Friday that it has secured funding from Goldman Sachs and the owner of the Daily Mail.
Sky News has learnt that Zilch has struck a deal to raise $110m (£80m) in debt and equity from Goldman's asset management arm's private credit team and DMG Ventures, a division of Daily Mail & General Trust (DMGT).
The fundraising is an extension of Zilch's Series B round, announced in April, and will take the overall size of the round to more than $200m, according to insiders.
Select Sector 
Select Country 
