United Kingdom · Payments & e-money
Zilch Technology Limited
Trading asZilch
Zilch Technology Limited is a private limited company registered in England and Wales, with its head office in London. The FCA authorises it as a payment institution under the Payment Services Regulations 2017 (FRN 1033706). The FCA also authorises it for consumer credit (FRN 843421). Zilch Holdings Limited has owned all of its shares since a group reorganisation on 3 April 2024. Under the Zilch brand it offers UK consumers a virtual and physical card with interest-free instalment credit, Pay Now debit purchases that earn rewards, and small cash advances.
Licences and registrations
Held by Zilch Technology Limited (LEI 2138002M48788HFMWQ53). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - Payment Institutions & RAISPsFCA | Authorised Payment InstitutionPayment Institution | 1033706 | United Kingdom | Active | 2025-11-28 | — |
|
Search the register ↗ |
Trading names on the register: Zilch (FCA-PSD)
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Zilch Holdings Limited
Firm type
Lending or buy now, pay later
Trades as Zilch
- Ownership
- Zilch Holdings Limited (Companies House 11887457) has owned 100% of the firm since a share-for-share exchange on 3 April 2024, and its directors state that the holding company has no overall controlling party.
- Direct parent
- Zilch Holdings Limited, United Kingdom 100%
- Head office
- 111 Buckingham Palace Road, SW1W 0SR London, United Kingdom
- Company register
- Companies House 11488502
- Incorporated
- 27 Jul 2018
- Founders
- Philip Belamant · Serge Belamant · Sean O'Connor
Online
- Websites & references
- zilch.com ↗
zilch.com/corporate/home ↗ corporate and investor site
help.zilch.com ↗ help centre
customers.payzilch.com ↗ customer log-in and application portal
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
- Apps
- Google Play ↗ · App Store ↗
Sources · 16 pages consulted
- zilch.com/uk
- zilch.com/uk/terms-of-service/
- zilch.com/uk/compliance/
- find-and-update.company-information.service.gov.uk/company/11488502/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/11488502/officers
- find-and-update.company-information.service.gov.uk/company/11488502
- register.fca.org.uk/s/firm?id=0010X00004UuZpvQAF
- zilch.com/pdf/financial-statements/zilch-technology-limited-annual-report-and-financial-statements-
- zilch.com/corporate/financials
- zilch.com/leadership/
- zilch.com/corporate/news/
- zilch.com/news/zilch-lands-fca-payments-licence-marking-major-strategic-growth-milestone/
- zilch.com/news/zilch-raises-over-175-million-to-accelerate-growth/
- zilch.com/news/zilch-to-acquire-fjord-bank-to-kickstart-european-expansion/
- finextra.com/company-news/6963/zilch
- en.wikipedia.org/wiki/Zilch_(company)
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
Since 28 November 2025, the FCA has authorised the firm as a payment institution under the Payment Services Regulations 2017 (FRN 1033706). Since April 2020, the FCA has also authorised it for consumer credit (FRN 843421).
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 1033706 | In its own name | Active | zilch.com ↗ |
| Financial Conduct Authority United Kingdom | Authorised firm (consumer credit) | 843421 | In its own name | Active | register.fca.org.uk ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Not disclosedThe firm's Pay Now terms do not describe a safeguarding arrangement. They state that each Pay Now purchase is funded by debiting the customer's nominated debit card when the transaction is made.
- Payment schemes and card networks
- Visa Direct zilch.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers UK consumers interest-free credit through a Zilch card, with repayment over 6 weeks, 3 months or monthly, plus Pay Now debit purchases that earn rewards. Its revenue also comes from retailers, which pay it commissions and advertising fees.
It serves UK-resident adults only, excluding the Isle of Man and the Channel Islands.
- Revenue
- GBP 110.3m
- Payment volume
- GBP 1.89bnGross merchandise value (GMV): the total value of merchandise sold through the Zilch platform
- Sells to
- Consumers · Enterprises
- Serves customers in
- United Kingdom
- Latest funding round
- Debt and equity raise · USD 176.7m Nov 2025Led by KKCG
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Philip Belamant Co-Founder & Chief Executive Officer
- Chair
- Serge Belamant Non-Executive Chairman & Co-Founder
- Chief financial officer
- Hugh Courtney Chief Financial Officer
- Executive
- Desmond McNamara Chief Risk Officer
- Founder
- Sean O'Connor Co-Founder & Executive Director
- Executive
- Boriana Tchobanova Chief Operating Officer
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Zilch announced the appointment of Dame Clare Barclay DBE to its board of directors.
finextra.com ↗ -
Merger / acquisition
The Zilch group agreed to buy 100% of AB Fjord Bank, Lithuania, subject to regulatory approvals, with completion expected in the second half of 2026.
zilch.com ↗ -
Licence
The FCA authorised the firm as a payment institution under reference 1033706, effective 28 November 2025.
zilch.com ↗ -
Funding
Zilch raised USD 176.7 million in debt and equity in a round led by KKCG, with BNF Capital participating.
zilch.com ↗ -
Other
Zilch Holdings Limited became the firm's sole shareholder through a share-for-share exchange on 3 April 2024.
zilch.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · FCA-PSD
- 1033706
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate on the UK company number the register gives
- Elucidate firm ID
- 0232ab5a37c4
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Payment services
- Licensed in
- United Kingdom · Europe & Central Asia
- First registered
- 2025-11-28
- Website
- www.zilch.com/uk ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Address on the register
- Zilch Technology Ltd, 111 Buckingham Palace Road, London, SW1W 0SR
- Country
- United Kingdom
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<LEI>2138002M48788HFMWQ53</LEI>
<Nm>ZILCH TECHNOLOGY LIMITED</Nm>
<PstlAdr>
<PstCd>SW1W 0SR</PstCd>
<TwnNm>London</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>Zilch Technology Ltd</AdrLine>
<AdrLine>111 Buckingham Palace Road</AdrLine>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · source ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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