ZILO, a London, UK-based provider of global asset and wealth management software, has raised $27 million in a Series A2 funding round.
Investors
The round was led by Portage, with participation from State Street, existing shareholders, and management.
Portage is a global investment platform specializing in fintech and financial services. It manages over US$4.7 billion across more than 115 portfolio companies. Operating from offices in Canada, the U.S., Europe, and the Middle East, Portage invests across stages through Portage Ventures and Portage Capital Solutions, providing flexible capital and access to a global network of investors, partners, and advisors.
ZILO Use of Funds
The company will use the funding to fuel its international expansion, client onboarding, and the development of proprietary AI-driven tools for asset and wealth management.
About ZILO
Founded in April 2020 by Philip Goffin, ZILO is a financial technology (Fintech) company that develops software for the global asset and wealth management industry. Its flagship platform, ZILO™ Global Core, provides industry-changing efficiencies for custodians, asset managers, and financial institutions. Purpose-built with a people-first, design-driven approach, ZILO™ empowers firms to replace outdated legacy systems and leapfrog into real-time digital experiences. With a focus on the wealth and asset management sector, ZILO™ is also enabling firms to embrace the opportunities of digital assets alongside traditional offerings.
Funding Details
Company: ZILO Technology Ltd.
Raised: $27.0M
Round: Series A2
Funding Date: September 2025
Lead Investor: Portage
Additional Investors: State Street
Company Website: https://www.zilo.co.uk/
Software Category: Asset & Wealth Management Software / Fintech
Source: https://www.uktechnews.info/2025/09/23/zilo-secures-19-9-million-series-a-investment-led-by-portage/