December 23, 2024

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

 Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO

Philip Belamant, Zilch’s CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.