Financial news

Investors in this round

The investment came from Barclays, M&G Investments and other investors.

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.”

Barclays Corporate and Investment Bank is made up of Investment Banking, International Corporate Banking, Global Markets, and Research divisions. It offers services and advice to money managers, financial institutions, governments, supranational organisations, and corporate clients for their financing, strategic, and risk management needs.

Teylor’s position as a prominent lending platform in the DACH region allows Barclays to impact SMEs outside of its UK home market.

M&G Investments is a subsidiary of M&G plc, a savings and investment company founded in 2017 by combining Prudential plc’s UK and European savings and insurance operations with M&G, the company’s wholly-owned worldwide investment manager. M&G plc has over €386.3B of AUM.

M&G Investments expands its position in European SME direct lending with this funding. The need for non-bank funding by SMEs is growing, as alternative lenders and private loan funds provide better flexibility.

Alexis Dussault, Portfolio Manager at M&G Investments, says, “We believe that Teylor is in a good position to help fill the funding gap that SMEs are facing in Continental Europe, thanks to their knowledge of local markets, advanced technology and strong leadership. M&G is happy to support Teylor in their ambitious development.”

“Modern SME financing”

Founded in 2018 by Patrick Stäuble, Teylor aims to provide European SMEs with better access to credit. It has created the Teylor Credit Platform, a suite of software modules that allow financial institutions to construct, deploy, and grow digital credit products.

Patrick Stäuble 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.”

The company’s software modules are used by banks across Europe to innovate their lending processes, digitise their products, and cut the cost of lending. Teylor’s own private debt fund provides SMEs with quick and easy access to cash.

Additionally, Teylor can customise its software components to meet the needs of each credit provider or credit product. Lenders can select particular modules to supplement and connect with their current legacy processes and technology, or they can construct whole new digital processes from the ground up. 

In the last three years, Teylor’s technology has enabled them to process more than €3B in SME loans.