Daily Price Movement / General Discussion, page-36589

A little BNPL news -

UK buy now, pay later start-up Zilch just raised another round at a valuation of $2 billion. Interestingly, Goldman Sachs participated in the raise.

Zilch says it now has 1.2 million customers and is onboarding 200,000 new users each month.

Philip Belamant, Zilch’s CEO and founder, said the start-up chose that path because all BNPL companies “look exactly the same.”“I’m not saying they’re bad businesses but they’re just copycats,” he said. “Our view was, you can’t come late to the party and just do something exactly the same way.”“We’re actually using the incumbents’ entrenchedness against them. We’re going direct to consumers and saying you can buy now, pay later anywhere you like.”

The CEO can get airtime on CNBC, while Lazza can barely get a spot on local radio.