Zilla
Zilla operates Zilla Wire, a self-serve cross-border B2B payments platform that lets businesses pay international suppliers in 100+ countries and currencies, monetizing via FX spread rather than transaction fees. The company is Canadian MSB-regulated, headquartered in the US, and serves SMB customers globally.
- Company typePrivate
- Founded2022
- HeadquartersLekki, Nigeria
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Zilla does
Zilla is a private fintech operating a cross-border B2B payments platform under the Zilla Wire brand, incorporated in British Columbia, Canada as Zilla Technologies Corp (BC1455760) and headquartered at 256 Chapman Rd, Newark, Delaware, USA. The company enables businesses to send international wire payments to suppliers in over 100 countries and 100+ currencies, with minimum tickets of $1,000 and maximum per-transaction caps of $1,000,000 on the self-serve app, plus an OTC channel for larger amounts. The platform is regulated as a Canadian Money Services Business by Fintrac and offers features including real-time exchange rates, forward contracts and hedging for FX volatility mitigation, KYB verification, scheduled payments, and detailed transaction reporting, accessible via web app (app.zillawire.com/register), iOS, Android, and WhatsApp support.
The company monetizes exclusively through the FX spread applied to interbank rates and explicitly charges no transaction processing fees. Its go-to-market is a self-serve product-led growth model aimed at SMBs paying international suppliers, with distribution through digital channels (website, Instagram, X, Facebook) and WhatsApp-led customer support anchored in Nigeria. To date, Zilla has raised approximately $300,000 in disclosed funding (a 2021 seed led by Class 5 Global with Fedha Capital, and a 2023 Microtraction investment) and operates with 11-50 employees under founder-CEO Tolu Abiodun. There are no disclosed enterprise logos, partnerships, revenue figures, or follow-on rounds beyond the 2023 Microtraction event, indicating an early-stage company with broad geographic surface but limited capital scale.
Zilla firmographics
Firmographics- Name
- Zilla
- Legal name
- Zilla Technologies Corp
- Website
- https://usezilla.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Zilla operates Zilla Wire, a self-serve cross-border B2B payments platform that lets businesses pay international suppliers in 100+ countries and currencies, monetizing via FX spread rather than transaction fees. The company is Canadian MSB-regulated, headquartered in the US, and serves SMB customers globally.
- Ownership category
- akta.pro rank
Zilla industry classification
Industry- Product category
- Cross-Border Payments
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industries
- Cross-Border Payment Orchestration & Routing (FSAGAKAJ), Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)
Keywords
Where Zilla is headquartered
LocationHeadquarters
- HQ city
- Lekki
- HQ country
- Nigeria
- HQ region
- Africa
Offices1 record
Markets served
Zilla business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Foreign Exchange Spread: Revenue generated from the difference between the interbank exchange rate and the rate offered to customers. The company explicitly states no transaction processing fees are charged for wire payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard wire payment service with no processing fees |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Zilla product offering
Product offeringCore offering
Zilla operates Zilla Wire, a cross-border B2B payment platform that enables businesses to send funds to international suppliers and beneficiaries across more than 100 countries and 100 currencies, with typical delivery within 48 working hours. The platform monetizes through the FX spread rather than charging transaction processing fees, and supports features such as real-time exchange rates, forward contracts for hedging, KYB verification, multi-currency accounts, and smart payment scheduling. An OTC desk handles transactions above $1,000,000.
Product overview
Zilla Wire is a single unified cross-border payment platform that allows businesses to send money to suppliers across America, Britain, Europe, China, UAE, and over 100 other countries. The platform supports 100+ currencies with a minimum transfer amount of $1,000 and a maximum of $1,000,000 per transaction, processing payments typically within 48 working hours. Revenue is generated through FX spreads rather than transaction fees, with currency exchange using real-time market rates and hedging strategies to minimize volatility exposure.
Differentiator
Problem solved
Functional benefit
Products and services
- Zilla Wire Zilla Wire is a cross-border B2B payment platform that enables businesses to send funds to international suppliers, vendors, contractors, and beneficiaries across more than 100 countries and 100 currencies, with delivery typically within 48 working hours. It includes real-time exchange rates, forward contracts for hedging FX volatility, multi-currency accounts, KYB verification, smart payment scheduling, and detailed transaction reporting, with revenue generated through the FX spread rather than transaction processing fees. An OTC desk supports transactions above $1,000,000.
Quantifiable outcome
- Payments typically delivered within 48 working hours (24-72 hours depending on destination)
- +1 more outcomes
Companies that use Zilla
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles2 records
Zilla technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Zilla partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Zilla competitors and assessment
Company assessmentRegional players
- Chipper Cash: Chipper Cash provides cross-border money movement across African corridors, including business payments and FX — overlapping Zilla's African SMB cross-border supplier payment flow.
- Flutterwave: Flutterwave is a leading African payments infrastructure provider offering cross-border collection and payout solutions and FX, directly overlapping Zilla's Nigeria-rooted cross-border B2B remit use case.
Direct peers
- Payoneer: Payoneer enables SMBs and freelancers to receive and send cross-border payments in multiple currencies with FX services, mirroring Zilla's B2B supplier-payment and multi-currency positioning.
- Remitly: Remitly operates a digital cross-border money transfer platform focused on migrant corridors with multi-currency support; relevant as a comparable cross-border wire transfer product, though more consumer-tilted than Zilla's SMB focus.
- Wise (formerly TransferWise): Wise operates a multi-currency, cross-border B2B and consumer payments platform using real-time mid-market exchange rates with transparent fees — directly comparable to Zilla Wire's FX-spread, transparent-pricing B2B supplier-payment model across 100+ countries.
- OFX: OFX provides international business payments and FX risk management (forward contracts, hedging) with dedicated relationship managers for larger transfers and self-serve digital onboarding, overlapping Zilla's hedged cross-border supplier-payment value proposition.
- WorldRemit: WorldRemit runs a cross-border money transfer and mobile money network serving 130+ countries with FX and digital onboarding, comparable to Zilla's multi-country, multi-currency supplier-payment positioning.
- Payoneer (Africa / emerging-market SMB segment): Dollar-denominated alternative: standard cross-border SMB payment platform explicitly enabling African and emerging-market businesses to pay overseas suppliers and contractors with FX.
Emerging players
- Geegpay: Geegpay offers African SMBs and freelancers multi-currency business accounts and cross-border payment capabilities, structurally analogous to Zilla Wire's African SMB cross-border supplier payments product.
- Verto: Verto is a B2B cross-border payments and FX platform built for African and emerging-market businesses sending and receiving in multiple currencies, closely mirroring Zilla's SMB supplier-payment positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Zilla social profiles
Digital presenceZilla compliance and trust
Trust signalCompliance1 record
Zilla financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zilla leadership team
Management profileNumber of profiles
Profiles1 record
Zilla funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zilla M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zilla
What does Zilla do?
Zilla operates Zilla Wire, a cross-border B2B payment platform that enables businesses to send funds to international suppliers and beneficiaries across more than 100 countries and 100 currencies, with typical delivery within 48 working hours. The platform monetizes through the FX spread rather than charging transaction processing fees, and supports features such as real-time exchange rates, forward contracts for hedging, KYB verification, multi-currency accounts, and smart payment scheduling. An OTC desk handles transactions above $1,000,000.
Is Zilla a public or private company?
Zilla is a private company. It is classified as venture growth investor backed and is currently operating.
When was Zilla founded?
Zilla was founded in 2022. It employs 11 to 50 people.
Where is Zilla based?
Zilla is headquartered in Lekki, Nigeria, in the Africa region.
How does Zilla make money?
One revenue line is on record: foreign Exchange Spread.
Who are Zilla's main competitors?
Regional players on record are Chipper Cash and Flutterwave. Direct peers are Payoneer, Remitly, Wise (formerly TransferWise), OFX, WorldRemit and Payoneer (Africa / emerging-market SMB segment). Emerging players are Geegpay and Verto.
Does Zilla have an API?
No public API is recorded for Zilla.
What industry is Zilla in?
Zilla's product category is Cross-Border Payments. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of FSAGAKAJ, Cross-Border Payment Orchestration & Routing. Its NAICS code is 52232.