Zilch: Revolutionizing Buy Now Pay Later

Zilch is a fintech company that aims to provide a better buy now pay later experience than traditional models. Unlike other players in the industry, Zilch has a direct relationship with customers and allows them to make purchases anywhere that accepts card payments. Their focus is on bringing value to the customer rather than solely benefiting retailers. With a lightweight model and a commitment to customer experience, Zilch aims to expand its reach to 35 countries in the next few years. They prioritize assessing affordability rather than creditworthiness, using a combination of traditional soft credit checks, open banking data, and proprietary risk models. Zilch also places emphasis on building relationships with customers and understanding their usage patterns to inform cross-selling opportunities.