Zilla

Cross-Border Paymentsusezilla.com

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

Cross-border payments
FX wire transfers
International supplier payments
Multi-currency transfers
Business payment platform

Where Zilla is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Zilla technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Zilla partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Zilla competitors and assessment

Company assessment

Regional 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 compliance and trust

Trust signal

Compliance1 record

Zilla financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Zilla leadership team

Management profile

Number of profiles

Profiles1 record

Zilla funding detail

Funding detail

Funding 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 investment

M&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?

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.