London-based buy-now, pay-later (BNPL) company Zilch recently acquired Neptune Financial to fast-track its launch in the United States. The acquisition of NepFin follows Zilch’s recent $110M Series B funding extension to fund licensing and regulatory capabilities along with team expansion. The company opened in beta in 2019 with the differentiation strategy of connecting directly with customers and using credit checks by Credit Kudos via Open Banking to determine affordability.
Source: UK BNPL Zilch gears up for US launch with fintech NepFin acquisition
