Tech Talks Daily is pleased to welcome Philip Belamant, co-founder and CEO of Zilch, to share his insights on the payments technology industry and how Zilch is changing the game. Philip Belamant is a visionary entrepreneur who has spent his career building innovative companies that disrupt established markets. Zilch, which he co-founded and led as CEO, is no exception. However, Zilch stands out from the crowd as a UK-based payments technology company by offering a unique combination of payments and commerce on a single direct-to-consumer platform. What makes Zilch truly special is its business model, unlike anything we've seen before in the payments industry. By building direct relationships with customers and hosting retailers on its platform, Zilch earns commission from the retailers' marketing budgets. This innovative approach means that Zilch can process vast volumes of payments, at attractive margins, without charging customers any interest or fees. This business model has resonated with investors, as evidenced by Zilch's recent Series C funding round. Despite the trend of falling valuations in the fintech space, Zilch has maintained its $2bn valuation and even extended its Series C by securing an additional $50m, bringing the total raised to $160m. Philip Belamant attributes Zilch's success to its focus on the customer and its commitment to building a sustainable business model. "At Zilch, we believe that everyone should have access to financial services that are both affordable and convenient," says Belamant. "We're committed to providing a service accessible to all, regardless of their credit score or financial situation." Zilch's unique business model, combined with its focus on the customer, has set it apart from traditional BNPL providers like Klarna and Affirm. Investors are responding positively to this different approach, and it's clear that Zilch is on track to revolutionize the payments industry.