On 1 June 2023, Teylor AG achieved a milestone in its growth story by signing an agreement for a substantial capital raise of up to €275m. This landmark transaction, one of the largest self-arranged deals in the European private debt market in 2023, saw participation from Barclays Bank PLC, acting through its Investment Bank, M&G Investments, and other investors. The funds are destined for a debt vehicle managed by Teylor AG.
Teylor is a leading Swiss-based fintech and European credit platform. Teylor intends to utilize the fresh capital to fuel its ongoing growth, launch strategic initiatives, and support the financing requirements of SMEs across diverse industries. This significant fundraising feat, accomplished amidst a challenging macroeconomic environment and capital market uncertainties, serves as a testament to the robustness of the Teylor platform and the strength of its team and technology.
Since inception in 2018, Teylor has built a unique platform providing time-efficient and flexible financings to SMEs in Germany. The company’s self-developed technology platform is at the heart of deal execution and origination. Additionally, Teylor licences the technology platform to financial institutions throughout Europe and covers deal origination, credit risk assessment and portfolio management which has enabled processing of more than €3bn of SME debt to date.
The Advoro team, led by Boris Räber and including Rafael Zemp and Carmen Spichiger, advised Teylor on the Swiss aspects of the transaction.