Fintech Link reposted this
We’ve just raised $125m financing from Deutsche Bank in our first securitization 🎉💥🔵 This deal allows us to almost triple sales, accelerate the rollout of our product roadmap as we grow to breakeven and beyond. Combined with our latest #AI deal with Amazon Web Services (AWS) (which will add more than a quarter billion £’s in sales over the coming year), it’s huge news for us at Zilch! Thanks to the whole DB team for taking the time to fundamentally understand our business, and congrats to our CFO Hugh Courtney and the team (big shoutout to Desmond McNamara Amy Sandys Philippos Galanis) for closing this deal as we take another big step towards public markets for our company. We will join Lizzy Burden later today at Bloomberg to discuss the deal. Tune in around 4pm or read more about the deal here 👇 Sean O’Connor Albert Periu Rakesh Harji Ryan M. Sean Hederman Andreas Andreou #bnpl #aspn #cnbc #debt #unicorn #ipo