TP24
Business financing for SMEs
- 21-100 employees
- B2B
- Lending
- Financial Services
- City, Zürich, ZH
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Company mission
To solve today's biggest lending challenges by offering flexible funding solutions that help those businesses move forward.
Our take
TP24 is a lending platform providing access to easy, flexible funding for SMEs. The company aims to eliminate the time-consuming admin associated with funding, enabling businesses to automate much of the process. The only requirement is a weekly update about their account receivables, which can be supplied via an automated link or manually through the user dashboard.
Originating in Switzerland, the company has since opened additional offices in Australia, the Netherlands, and the UK. By simplifying the way businesses access credit, TP24 enables its clients to get their hands on capital quickly in a landscape where it is increasingly difficult to do so. It also focusses on delivering a personal approach for each business that appears to have been particularly well received.
Having processed $5 billion in invoices to date, with zero losses from fraud or default, TP24's approach has evidently been successful thus far. The company has raised significant funding that will support business growth and which will be used to drive international expansion plans.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 25 days holiday + regional public holidays
- Budget for home office equipment to your discretion
Funding (2 rounds)
Jul 2021
$25m
EARLY VC
Feb 2019
$3.3m
SERIES A
Total funding: $28.3m
Leadership
Ben James
(CEO)Executive Director at Highlakes Capital, and Non Executive Director at 9MEADOWS. Extensive experience in banking and insurance.
Martijn Corbée
(Chief of Staff)Former COO of the company. Previously the Director, Senior Treasury and Cash Management Sales Consultant at UBS, and held a number of positions at NatWest.