Zilo Networks is a technology company.
Zilo Networks has raised $6.0M across 1 funding round.
Zilo Networks has raised $6.0M in total across 1 funding round.
Zilo Networks has raised $6.0M in total across 1 funding round.
Zilo Networks's investors include Costanoa Ventures.
ZILO is a London-based fintech company developing software for the global asset and wealth management industry.[1][2][3] Its flagship product, ZILO™ Global Core, is a single global platform that simplifies onboarding, reduces costs, and drives efficiency for transfer agents, asset managers, distributors, custodians, and their investors by replacing outdated legacy systems with real-time digital experiences supporting both traditional and digital assets.[1][2][3] The platform serves financial institutions facing inefficiencies in transaction processing, investor record-keeping, and global operations, solving problems like fragmented systems and slow onboarding.[1][3]
Founded in April 2020 by Philip Goffin, ZILO has achieved rapid growth, securing two of the top five global custodians and a top five global asset manager since going live in 2023, alongside a strong pipeline for 2025-2026.[1][3] In September 2025, it raised $27 million in a Series A2 round led by Portage with participation from State Street, following a January 2024 Series A, to fund international expansion, client onboarding, and proprietary AI-driven tools.[1][3]
ZILO was founded in April 2020 by Philip Goffin, its CEO, as a fintech startup focused on asset and wealth management software.[1][3] (Note: One source lists 2023 as the founding year, but multiple reports confirm April 2020, aligning with its development timeline before the 2023 platform launch.[1][3]) Goffin, leveraging expertise in financial technology, created ZILO to address pain points in legacy systems for custodians and asset managers.
The idea emerged from the need for a modern, people-first platform enabling real-time efficiencies and support for emerging asset classes like digital assets.[1][3] Pivotal early traction came post-2023 launch of ZILO™ Global Core, quickly onboarding top-tier clients including two of the top five global custodians and a top five asset manager, validating its market fit amid rising demand for global, enterprise-grade solutions.[3]
(Note: Search results show no connection to "Zilo Networks," an unrelated entity with funding ending in 2001; all data pertains to ZILO Technology Ltd.[5])
ZILO rides the fintech modernization wave in asset and wealth management, where aging legacy systems hinder global operations amid rising demand for platforms handling emerging asset classes like digital assets.[1][3] Timing is ideal post-2025 funding, aligning with market forces such as AI adoption in finance, international expansion needs, and investor push for cost efficiencies—exemplified by Portage's endorsement of ZILO's "differentiated technology" for global experiences.[3]
By partnering with top custodians and asset managers, ZILO influences the ecosystem by accelerating the shift to cloud-native, AI-enhanced platforms, enabling firms to "leapfrog" outdated infrastructure and embrace real-time, scalable solutions.[1][2] This positions it as a key enabler in a sector projected for growth through 2026, driven by pipeline expansion and institutional confidence.[3]
ZILO's momentum—bolstered by $27M in fresh capital and elite client wins—sets it up for accelerated international scaling and AI product launches in 2026, targeting deeper penetration in wealth management.[1][3] Trends like AI-driven efficiencies, digital asset integration, and global fintech demand will shape its path, potentially expanding its top-client roster amid Portage and State Street backing.[1][3]
As a nimble challenger to legacy giants, ZILO could redefine efficiencies for asset managers worldwide, evolving from rapid onboarder to AI-powered ecosystem leader—echoing its origin as a 2020 vision now delivering real-time transformation.[1][2][3]
Zilo Networks has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in May 2000.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2000 | $6.0M Series A | Costanoa Ventures |