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zilch moves closer to asset-backed security issuance with expanded funding
Zilch Technology Ltd., a UK buy-now-pay-later fintech, is nearing its first publicly-rated asset-backed security issuance after expanding its existing £100 million securitization facility with Deutsche Bank by £50 million and attracting new credit-fund investors. This expanded credit line will enable Zilch to facilitate up to £10 billion in transactions annually.
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