Fidelity International Strategic Ventures and Portage led a £25m Series A round in ZILO.

Fidelity International Strategic Ventures, a venture capital firm investing in fintech businesses and technologies, and Portage, a global fintech-focused venture capital investor, led a £25m Series A round in ZILO, the UK-based fintech company specialising in global asset and wealth management software, with participation from State Street and Citi. "We are focusing on empowering financial service institutions to remove outdated legacy technologies and dramatically improve the cost efficiencies of their operations by using ZILO to transform to a modern digital solution supporting existing fund structures, new digital assets and improving client experiences," Philip Goffin, ZILO founder and CEO