Financial Times Top Stories: Banking Moves and Business Impacts

Britain’s Zilch to acquire Lithuania-based Fjord Bank as launchpad for European expansion

British consumer payments platform Zilch has agreed to acquire Lithuania-based specialised bank Fjord Bank, a Norwegian-owned lender with about 103 million euros in assets.

Financial Times Top Stories: Banking Moves and Business Impacts

Zilch acquires Lithuanian Fjord Bank for a European banking license. Abu Dhabi facilitated Nigel Farage's UAE visit to meet officials. UK cuts estimated business costs of worker rights reforms to £1 billion and considers concessions for pubs amid business rate backlash.

Zilch to Acquire Fjord Bank to Kickstart European Expansion

LONDON--(BUSINESS WIRE)--Jan 7, 2026-

Zilch to Acquire Fjord Bank to Kickstart European Expansion - The Morning Sun

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Zilch Secures European Expansion with $38M Fjord Bank Deal

Zilch, the London-based buy now, pay later unicorn, is setting its sights on international expansion after securing a European banking licence through the acquisition of Lithuania’s Fjord Bank. The deal, set to close in the second half of 2026, is valued at $38 million, according to the Financial Times. Launched in 2020, Zilch has quickly captured over five million registered users by matching… Source