Zilch, a UK-based fintech company, has announced plans to move into a significantly larger London headquarters as part of its next phase of growth in Britain and Europe. The company will occupy the top two floors of 40 Grosvenor Place, near its current Victoria office, in a space measuring 33,160 square feet. The new location is expected to more than double Zilch's existing London office capacity and accommodate more than 400 employees.
Location and Capacity Expansion
The upcoming headquarters at 40 Grosvenor Place sits just around the corner from Zilch's current base at 111 Buckingham Palace Road. By moving to the new site, the company gains room to grow its team and improve its operational infrastructure. The expanded space is designed to support a workforce of more than 400 people as Zilch continues to scale.
Ten-Year Investment and Timeline
Zilch expects to complete its move in spring 2027 and has made a £77 million commitment over the next 10 years. That financial commitment underlines the company's long-term intention to expand operations and create more jobs in the UK. The investment forms part of a broader effort to strengthen Zilch's presence in the UK and European markets.
Leadership Perspectives
City Minister Rt Hon Lucy Rigby KC MP described the move as a major milestone for Zilch and said it was brilliant to see the company's continued success. She added that the UK is a fintech powerhouse and that she is committed to backing the sector to thrive and grow. Her comments highlight the government's support for high-growth financial technology businesses.
CEO Comments on Growth
Philip Belamant, Co-Founder and CEO of Zilch, said the business has had a transformational year with a number of significant milestones. He noted that customers have moved beyond £8 billion of spend across every region in the UK. According to Belamant, the new headquarters reflect the scale of Zilch's ambition and the momentum behind its growth.
Customer Milestones and Market Presence
The announcement follows a period of rapid commercial expansion for Zilch, which has now surpassed £8 billion in customer spend across every region of the UK. The company views this as evidence of its growing market presence and operational maturity. The new office is intended to build on that momentum by providing the space required for further product and service development.
Talent and Strategic Goals
Belamant also said the investment gives Zilch's team an incredible base to attract exceptional talent at home and beyond. He added that the company is proud to be investing further in the UK as it enters the next phase of growth. The larger headquarters is expected to support both domestic expansion and Zilch's wider European ambitions.
Zilch's new London headquarters signals a clear commitment to scaling its operations and reinforcing its position in the UK fintech sector. With a £77 million investment, more than double the office capacity, and room for more than 400 employees, the company is building the infrastructure needed for its next stage. The planned 2027 move provides a foundation for continued growth, job creation, and long-term success across the UK and Europe.