Raylo secures £110m debt financing from NatWest and Quilam Capital
NatWest and Quilam Capital provided the debt facility to support product expansion and growth.
Raylo operates a subscription payment platform that provides flexible monthly financing for consumer electronics and other durable goods.
Raylo has secured a £110m debt financing facility from NatWest and Quilam Capital to support its continued growth and product expansion. The London-based subscription platform enables consumers to access electronics through monthly payments while promoting sustainable technology use.
The capital will be deployed to scale the direct-to-consumer channel and expand merchant checkout integrations like Raylo Pay. Alongside the funding announcement, the company has attained BCorp certification in recognition of its circular economic model.
Co-founder and CEO Karl Gilbert noted that the financing aligns with the firm's strategy to broaden its platform and deliver affordable technology access. NatWest's Milena Sheahan praised the company's commitment to changing how electronics are consumed.
From the founder
"We are thrilled to have the support of NatWest Bank and Quilam Capital as we continue to grow and innovate,"
Karl Gilbert
CEO at Raylo
Investor perspective
"We are delighted to have supported Raylo’s future growth with this new financing facility. The business’ commitment to changing the way consumer electronics are sold and enjoyed is extremely well aligned with NatWest’s ESG objectives and passion for innovation and disruptive technologies,"
Milena Sheahan
Senior Director, NatWest
Use of funds
- 01Continue product development
- 02Accelerate go-to-market
