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New Deal


Announced

Completed

Goldman Sachs Asset Management and DMG Ventures led a $110m Series B round in Zilch.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

financial technology

Private

Friendly

Minority

Completed

United Kingdom

Private Equity

Single Bidder

Venture Capital

FinTech

Acquisition

Synopsis

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Goldman Sachs Asset Management and DMG Ventures led a $110m Series B round in Zilch, the London-based fintech. "As our customer numbers continue to grow, we’ve taken the decision to raise additional capital to service this phenomenal demand. As Zilch continues to scale at pace, we’re delighted that well-respected institutions such as Goldman Sachs and DMG Ventures share our vision of what credit should be in today’s world and how that can be delivered directly to customers in the most responsible way. By putting our customers first and building direct relationships with each of them, we are doing something no one else in the industry has done before," Philip Belamant, Zilch Founder and CEO.

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