British payments unicorn Zilch invests €91 million in larger London headquarters amid continued growth

Zilch, the British payments unicorn with 6 million customers, has recently invested €91 million ($97 million) to expand its London headquarters in Victoria. This major investment is part of a continued growth strategy, following a €150 million debt and equity raise in November 2025. The expansion will see Zilch take over floors four and five of a 33,160sq ft space on 40 Grosvenor Place, capable of housing over 400 employees.

The company plans to operate from the larger headquarters for a 10-year lease, reflecting its ambitions and the scale of its growth. Zilch's CEO, Philip Belamant, stated that this is a "transformational year" for the business, with significant milestones achieved and customers spending over £8 billion across the UK. The new headquarters symbolizes Zilch's commitment to attracting top talent and continuing its expansion in the UK and beyond.

This investment aligns with a broader trend of financing activity in European consumer credit and payments, with several other UK-based FinTech companies also securing significant funding in 2026. The UK's FinTech sector is thriving, as highlighted by the UK City Minister, Lucy Rigby, who is committed to supporting the sector's growth.

Zilch, founded in 2018, is an intelligent payments platform offering debit, credit, instalments, earned wage access, credit building, deals, and rewards. The company recently acquired Fjord Bank, which is expected to complete in the first half of 2027, and has a partnership with Visa and is the official payment method for Arsenal FC.