Zilch is highlighting that the Financial Times has declared it the fastest-growing Unicorn in the UK. According to the company, Zilch is a payments Fintech that has experienced 300% compound annual growth over the last three years.
Earlier this year, Zilch was recognized by the Sunday Times 100 Tech 2025 as the UK’s highest-growth unicorn, measured by average annual revenue growth over three years.
Zilch is a payments Fintech that allows customers to pay both online and offline, earn up to 5% cashback as well as rewards on debit payments, and spread interest-free credit repayments over six weeks or three months.
Philip Belamant, CEO and co-founder of Zilch, said the speed at which his company has scaled has been exceptional. It reached monthly profitability in less than four years.
“We’re relentlessly ambitious, and today with a £145m revenue run rate we remain incredibly steadfast in our pursuit of creating extraordinary value for our customers each time they pay – and we’re never done pushing for better.”
Zilch has been regulated by the Financial Conduct Authority (FCA) since 2020, receiving a consumer credit licence through the Regulatory Sandbox Program.
As of January 2025, Zilch reports that it had topped 4.5 million customers, generated a £145 m revenue run rate, and exceeded £3.6 billion in total sales for retailers to date.
Zilch shares a statement by Baroness Gustafsson CBE, Minister for Investment, who added:
“The UK has a thriving tech sector worth over $1 trillion, and more fintech unicorn companies than any other market in Europe, so I’m delighted that British companies including Zilch have been recognised as some of Europe’s fastest growing companies. With financial services and technology identified as key growth sectors in our upcoming Industrial Strategy, we are helping to deliver the long-term, stable growth that supports skilled jobs and raises living standards across the UK.”
