Fintech firm Zilch raises $125m debt financing from Deutsche Bank to triple sales and move towards IPO.

Fintech firm Zilch raises $125m debt financing from Deutsche Bank, planning to triple sales and move towards IPO. The securitized debt deal will enable Zilch to expand its business, launch new products and save its customers over £450m in fees and interest. The company's platform, which offers interest-free monthly installments for shoppers, has generated over £2.5bn in commerce since its founding in 2018.