Zilch is a fintech company that offers a buy now, pay later (BNPL) solution empowering customers to make purchases and pay for them in installments without interest.
Zilch was founded in 2018.
In February 2019, Zilch launched its mobile app to allow users to make purchases with a virtual Zilch Mastercard.
In May 2020, Zilch raised $10 million in Series A funding to accelerate its growth.
Zilch launched its 'Tap & Pay Later' functionality in June 2021, enabling users to make contactless payments using the Zilch virtual card.
In July 2021, Zilch secured $80 million in a funding round led by Gauss Ventures.
As of now, Zilch has gained a significant user base and continues to expand its offerings in the BNPL market.
Klarna is a leading global BNPL provider that allows customers to split purchases into installments and offers additional financial services like banking and savings accounts.
Affirm is another prominent player in the BNPL industry, offering installment plans for online and in-store purchases, with a focus on transparency and no hidden fees.
Afterpay is a popular BNPL platform that enables users to split their payments into four installments, making it convenient for customers to shop and pay over time.
Zilch provides customers with a virtual Mastercard that they can use for purchases. It offers interest-free installments and flexible repayment options.
The Zilch mobile app allows users to manage their purchases, track payments, and access exclusive deals and discounts from partnered merchants.
With the 'Tap & Pay Later' feature, Zilch users can make contactless payments using their virtual card, creating a seamless and convenient shopping experience.
Zilch offers a buy now, pay later solution, allowing users to make purchases and pay in installments without interest. Users can download the Zilch app, sign up, and receive a virtual Zilch Mastercard.
Zilch can be used for online and in-store purchases. It is accepted wherever Mastercard is accepted.
Zilch does not charge any interest or hidden fees. However, late payments may incur fees, so it's important to make timely payments.
Yes, the Zilch mobile app allows users to track their payments, view transaction history, and manage their installment plans.
Zilch prioritizes user security and employs encryption and advanced security measures to protect customer data. The app also offers the ability to freeze the virtual card if lost or stolen.