Teylor secures EUR 275 milion funding to drive B2B lending transformation

01.06.2023 17:26, Rita Longobardi

Teylor is the Swiss technology company that has developed the Teylor Credit Platform, a software module suite enabling financial institutions to build, deliver and scale digital credit products. Teylor, Barclays, M&G Investments, and other investors have closed one of the largest fundraisings, amounting to EUR 275 million, in the European private debt market for alternative lenders and the fintech industry so far in 2023.

The EUR 275 M in fresh capital will enable Teylor to continue its rapid growth and allow the company to meet the financing needs of SMEs with various debt products via the Teylor credit platform. This landmark DACH fundraising transaction was closed despite the turbulent macroeconomic backdrop and uncertainty in capital markets, demonstrating the strength of the Teylor platform, team, and technology.

Huy Nguyen, Head of Private Debt at Teylor, says: "Having Barclays and M&G Investments as strategic partners for Teylor brings our platform to the next level and proves Teylor’s leading market position. The capital enables us to provide flexible and long-term financing solutions to strong SMEs in a time where capital has become less accessible."

Teylor’s mission is to provide European SMEs with better access to credit. According to the latest EY Global SME survey, SME decision-makers consider fast access to credit as one of their biggest needs, making fast and flexible alternative lending a key opportunity for competitive differentiation. Teylor’s position as a leading credit platform in the DACH region allows Barclays to impact SMEs outside of its UK home market.

M&G Investments is an active global investor in structured credit as well as private debt, and this transaction has increased its footprint in SME direct lending in Europe. SMEs’ demand for non-bank financing is increasing as alternative lenders and private debt funds often provide greater flexibility.

Since its inception in 2018, Teylor has built a unique platform providing fast and flexible financing to SME borrowers in Germany. Teylor’s self-built technology platform is used directly to finance SMEs in Germany. Additionally, Teylor licenses the technology platform to more than a dozen financial institutions throughout Europe. Teylor’s proprietary platform for deal origination, credit risk assessment, and private debt has allowed it to process more than EUR 3 billion of SME debt in the past three years.

Patrick Stäuble, CEO and Founder at Teylor, says, "SMEs, financial institutions, and investors need a single platform that simplifies all credit processes. We have seen this digital revolution happen in B2C, which was driven by today's fintech giants. The next fintech revolution will be in B2B and will be driven by companies like Teylor. With the support of our investors, we will change how credit is provided in modern economies."

Teylor participated in the Venture Leaders Fintech 2020.

Patrick Stäuble, CEO and Founder at Teylor, during the Venture Leaders Fintech in 2020.

Source : Teylor Press Release