Interview: Meet Philip Belamant, CEO and founder of Zilch, the BNPL Klarna rival from UK
The Buy Now Pay Later (BNPL) market is currently a £2.7 billion market in the UK, as per a review by the Financial Conduct Authority. While Klarna and Afterpay are credited for pioneering the BNPL trend, London-based Zilch is trying to define the sector in the UK. It also recently passed its 1 million customer milestone. In an interview with UKTN, the company’s CEO and founder, Philip Belamant, reveals more about the company, it’s future plans and more.
1 million customers
Zilch just announced its 1 millionth customer, which is a notable milestone for the company, that exited beta 13 months ago. The startup shows between 2-5X year-on-year growth rate over its industry peers, including its rivals in the US. Zilch also recently surpassed $140M in sales.
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