UK Fintech Zilch Taps Deutsche Bank to Raise £100 Million
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British fintech firm Zilch Technology Ltd. raised £100 million ($127 million) in a securitized debt financing deal arranged by Deutsche Bank AG, as the buy-now-pay-later firm seeks to expand before a planned initial public offering next year.
The funds will help Zilch develop new products for a broader base of customers, it said in a statement on Wednesday.