UK payments fintech unicorn Zilch has announced details of its new base in London which will more than double the capacity of current HQ as the company looks to expand in Europe.
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Zilch has committed £77m to a 10 year lease involving the top two floors of 40 Grosvenor Place in Victoria., a 33,610 sq ft space that can house more than 400 employees.
The move, which will be completed within the first half of 2027, comes on the back of Zilch's planned acquisition of Lithuania-based Fjord bank, which will give the BNPL vendor a European banking licence.
Zilch has also struck commercial partnerships with Visa and Arsenal FC.
It was also reported that Zilch is planning an IPO in 2027 or 2028 with London as the most likely destinaiton for the listing.
“As we continue to expand rapidly, our new headquarters reflect the scale of our ambition and the momentum behind our growth," said Philip Belamant, co-founder and CEO of Zilch. "This is an important investment in Zilch’s future, giving our team an incredible base to attract exceptional talent at home and beyond. We are proud to be investing further in the UK as we enter the next phase of growth.”
