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Home»Posts Tagged "$130"

Browsing: $130

Business

Zilch Reaches Profitability, Achieves $130 Million Revenue Run Rate in Just Four Years

By Sam Allcock03/09/20240

Zilch, the world’s first ad-subsidised payments network (ASPN), has announced a major milestone in its rapid rise within the fintech industry, achieving profitability within just four years of its launch. The company also revealed that it has surpassed an annual revenue run rate of $130 million (£100 million), marking a significant achievement that places it alongside some of Europe’s most successful fintech firms. The news comes as Zilch continues to outpace the average growth rates seen in the tech industry, particularly in the UK and US, where it typically takes companies 8-10 years to reach similar revenue levels. By contrast,…

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