Teylor finalises its CHF 8M financing round


SME Lending platform Teylor plans to expand its lending and software business throughout Europe and to solidify its position in the SME banking segment. The recent capital increase of CHF 8 million with existing and new investors makes this goal attainable.



Founded in 2018 in Zurich by Patrick Stäuble (CEO), Teylor develops fully digital credit solutions for small and medium-sized businesses and provides a licensed version of its technology to banks. Using Teylor’s Software-as-a-Service (“SaaS”) products allows banks to completely digitalise and automate every aspect of their SME lending business, from customer onboarding to anti-fraud to scoring.

The significant increase in demand for digital banking solutions brought on by the Covid-19 pandemic accelerated Teylor’s growth, allowing the company to close a financing round of CHF 8 million. Participants in the round include institutional investors such as the Munich based VC WENVEST Capital and Steinbeis, a platform for company startups, eminent private investors such as Patrick Zbinden, Global Co-Head and CEO Switzerland at EFGAM, as well as angel investors, family offices, and institutional investors from Switzerland, Germany, and Israel.

“We believe that there is a massive opportunity in the SME lending market today for lenders and technology providers such as Teylor”, says Patrick Stäuble, Founder and CEO of Teylor AG. “Thanks to the hard work and outstanding performance of our team, we have been able to bring a product to market that is in high demand by both lenders and borrowers. I believe the changes in the market brought on by the COVID-crisis, combined with the new capital we now have available, will pave the way for us to become one of the leading players in the European SME lending market in the coming years.”

Expansion to other European countries

Teylor will use the funds to further expand its operations in Germany and Europe, onboard more banking clients to the Teylor SaaS product (Teylor Lending Cloud) and grow its market share. In addition to loans financed by various bank partners, the startup will use part of the funds to begin financing loans itself through its debt vehicle.

To support its expansion, Teylor plans to open an office in Berlin this year and to launch in two other European countries. The company currently employs 20 staff and is looking for additional credit-, sales- and IT-experts to join its growing team.

(Press release / RAN)