TradePlus24
Latest round
- Series A
Last raised
- Feb 2019
Total raised
- Undisclosed
Investors
- 3
About TradePlus24
Founded in 2016 and headquartered in Zurich, Switzerland, TradePlus24 AG focuses on delivering innovative financial solutions for SMEs.000 mn. The firm was co-founded by Martijn C. Their core product offerings include flexible business loans and lines of credit designed to empower companies by improving their cash flow, enabling growth, and supporting operational stability. These financial products have been strategically developed to meet the requirements of diverse industries including retail, construction, and technology, serving a wide client base across multiple geographical markets such as the United Kingdom, Germany, and Australia.The revenue model of TP24 is structured around the provision of financial products that cater primarily to the SME sector. Transactions typically involve direct lending to businesses, where clients apply for loans or lines of credit based on their operational needs. The company operates on a fee-based structure, charging interest rates on the principal amount borrowed. Clients may engage in a transaction involving a business loan, where they receive a lump sum upfront and repay it over a predetermined schedule with accrued interest. This structure facilitates a straightforward revenue generation model, allowing TP24 to sustain its operations while serving a growing portfolio of businesses requiring financial support for their ventures. The company plans to develop new financial products aimed at enhancing its service offerings to SMEs. Additionally, TradePlus24 AG is targeting expansion into new markets, with specific plans announced to enter additional regions across Europe and the Asia-Pacific by the end of 2024.
Who invested in TradePlus24
3 investors across 2 rounds
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Questions about TradePlus24
Who invested in TradePlus24?
TradePlus24 has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TradePlus24 raised?
TradePlus24 has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did TradePlus24 last raise money?
TradePlus24's most recent round on record is a Series A, in Feb 2019.
What does TradePlus24 do?
Founded in 2016 and headquartered in Zurich, Switzerland, TradePlus24 AG focuses on delivering innovative financial solutions for SMEs.
Where is TradePlus24 headquartered?
TradePlus24 is headquartered in Zurich, Switzerland.
Which VCs invest in companies like TradePlus24?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at TradePlus24's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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