Teylor raises a CHF 6.5 Million funding round to strengthen the leadership of its digital credit solutions for SMEs in Germany and expand it across Europe

25.03.2022 15:33, Guillaume Tinsel

The Teylor Lending Platform provides banks, debt investors, and small and medium-sized enterprises (SMEs) a digital infrastructure for SME financing. Venture capital investors, family offices, and private investors participated in the fintech lending specialist’s funding round, alongside almost all of the existing investors. Teylor will use the additional funds to strengthen the market leadership of the Teylor lending platform in Germany and expand across Europe.

Teylor has closed a CHF 6.5 million funding round. Among the new investors are Luxembourg-based private equity and venture capital firm Ilavska Vuillermoz Capital (IVC), Swiss asset manager Weisshorn Asset Management and various family offices and private investors such as Didier Denat, former Head of Investment Banking at Credit Suisse and Ludovic Chechin-Laurans, Co-founder at Capital Union Bank. Several existing investors topped up their investments as well, including venture capital financier WENVEST Capital from Munich and Patrick Zbinden, CEO of Capital Union Bank. The board remains unchanged with Oyvind Oanes, CEO of Norwegian Komplett Bank, Patrick Zbinden, Christophe Aumaitre, and Teylor CEO and founder Patrick Stäuble. Patrick Stäuble remains the majority owner together with key employees.

Patrick Stäuble, founder and CEO of Teylor, says: "We are happy that we could convince both existing and new investors to be part of Teylor’s growth journey. With the fresh capital, we are well on our way to becoming Germany's largest fintech lender in the SME sector this year and the European market leader next year."

Corporate loans between 100,000 and one million euros are not profitable for banks due to manual banking processes and the asset class is difficult to access for debt investors. The resulting financing gap weakens SMEs, the backbone of the German economy. The Teylor platform positions itself as an intermediary creating a link between SMEs, private debt investors, and banks: SMEs receive innovative financing solutions, professional investors can invest in SME loans through the Teylor Debt Fund, and banks can digitize their processes across the entire credit lifecycle with Teylor’s Software-as-a-Service (‘SaaS’) solutions.

The Teylor platform has gained significant traction: Last year alone, the fintech processed a financing volume of two billion euros via its platform - both for its own loan fund and on behalf of other financial institutions. As a technology provider, Teylor serves customers across the entire DACH region and is in the process of onboarding the first banks outside the DACH region to use its technology. In 2021, Teylor grew its revenue by on average by 30 percent per month and reached break-even for the fourth quarter of 2021.

Teylor participated in Venture Leaders Fintech in 2020.