Zilch is a pioneering direct-to-consumer credit provider and advertising technology platform. The company aims to eliminate the cost of consumer credit and offers innovative payment options and rewards to its customers. Their new hub in Krakow, known as the European Centre for Excellence, will focus on accelerating the development and implementation of new innovative features and technologies.

With the opening of the Krakow hub, Zilch now has three global locations, including its headquarters in London, UK, and an office in Miami, US. The Krakow hub, marking a significant step in opening a branch in Poland, will initially house over 30% of Zilch’s software engineers, with plans for further expansion and staff augmentation in the coming years. This expansion is supported by Poland’s strong economy, thriving business services sector, and a highly skilled pool of technology specialists.

Led by Zilch’s CTO, Sean Hederman, the Krakow team will collaborate closely with the core engineering center in the UK, paving the way for the establishment of additional technology hubs worldwide to support Zilch’s ongoing growth. This investment in core product development aligns with Zilch’s strategic focus and has contributed to the company’s rapid growth, with over 3 million registered customers to date.

Philip Belamant, CEO and Co-Founder of Zilch said: “The current global macroeconomic climate has led to a marked increase in financial exclusion for customers and a significant reduction in funding for private firms. This creates an environment where well-funded, economically viable and highly scalable companies like Zilch can leapfrog the competition while delivering immense value to the mass market customer. While others are scaling back, we are doubling down on investment into our team, product, and customers. This strategic step is part of our targeted investment program into R&D and technology. We expect our new Krakow operation will serve as a blueprint for similar technology hubs worldwide.”

More information: https://www.businesswire.com/news/home/20230614264605/en/Zilch-Expands-Technological-Innovation-Efforts-with-European-Centre-for-Excellence-in-Krakow

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