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TP24

Business financing for SMEs

TP24 logo
21-100 employees
  • B2B
  • Lending
  • Financial Services
City, Zürich, ZH

Company mission

To solve today's biggest lending challenges by offering flexible funding solutions that help those businesses move forward.

8% employee growth in 12 months

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 headshot

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

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.

Endorsements

All

Opportunities to learn (1)

Open and honest communication (1)

Team energy (1)