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Zilch warns it might ‘go somewhere else’ unless UK boosts IPO market

Financial Times LogoFinancial Times1w ago

Zilch warns it might ‘go somewhere else’ unless UK boosts IPO market - Financial Times

Quick Summary:

It makes money from targeted advertising based on its transaction data which it uses to smooth the cost of credit for consumers.

Zilch said the latest financing deal would help it grow in the UK and expand into new business lines, including travel booking and foreign exchange.

Belamant welcomed the progress made by LSEG chief executive Julia Hoggett and said that conversations with both the Labour and Conservative parties had positively centred around growth for the technology sector.


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Article Details

Author / Journalist: Akila Quinio

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-19 @ 04:00:09 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 566 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21309155

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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