Zero plans an IPO in 2025.
When it gets closer to turning a profit, the London-based company Pay later Zero is planning to go public in 2025.
According to CEO Philip Belamant, the company has discussed a listing with the New York Stock Exchange, the London Stock Exchange, and Nasdaq, but it has not yet chosen a location.
With almost four million members, Zilch anticipates being cash flow positive in a matter of months and becoming profitable on a monthly basis as early as its next fiscal year, which is why the IPO plans are being made.
Two years after going into beta, Zilch reached a $2 billion value during a Series C financing in late 2021, and in October, the e-commerce behemoth eBay invested in the company.
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