Buy now, pay later provider Zilch has entered into a white label travel payments partnership with lastminute.com, allowing customers to search, book, and pay for holidays directly within the Zilch app.
Customers can earn up to 3% back in rewards on their travel bookings or choose to spread their payment over six weeks or three months without interest. Zilch reports that payments for travel expenses are one of its fastest-growing categories, experiencing a remarkable 140% year-on-year growth as consumers increasingly seek flexible funding options for their trips.
Philip Belamant, CEO and co-founder of Zilch, stated: “In 2025, travel is no longer a luxury – it’s a professional and family priority. With 84% of UK consumers exploring destinations both at home and abroad, they are expected to spend over £72 billion on overseas holidays alone in 2023. Zilch Travel is designed to meet our customers’ demands for convenience, security, and flexibility, allowing them to seamlessly plan and pay for their trips within the regulated app they trust to manage their finances.”
With plans for a potential IPO in 2025, London-based Zilch secured £100 million in securitized debt financing arranged by Deutsche Bank in June. Since its launch, Zilch has grown to over four million customers, processing more than 10 million payments each month, with total sales reaching £3.6 billion and revenue doubling for three consecutive years.