Tapline, a Berlin-based fintech startup innovating financing solutions for SaaS and subscription-based businesses, has raised a €20 million pre-Series A round comprising of both equity and debt.
This funding enables Tapline to scale its operations, expand its innovative platform, and support the growth of SaaS companies across Europe.
The equity portion of the round was led by Karim Beshara, GP of A15 Venture Capital and Managing Partner of Accelero Capital, with participation from Antler. Tapline also secured a bespoke debt facility from WinYield to finance its debt portfolio in non-dilutive capital to SaaS and subscription businesses. This new facility provides various key advantages such as lower operational costs, Winyield complementary credit engine, credit transfer, and low equity capital requirements when growing the facility.
“With this new funding, we are set to address the liquidity gaps faced by SaaS and subscription businesses in today’s economic landscape. Our approach combines scalability with enhanced analytics and larger ticket sizes, empowering our clients to achieve sustainable growth,” said Dean Hastie, Co-founder and CEO of Tapline.
Founded in 2021 by Dean Hastie and Peter Grouev, Tapline provides non-dilutive financing to B2B SaaS and subscription companies by pre-financing future receivables. Leveraging over 25 years of combined expertise in credit investment, venture capital, and technology, aims to become a fintech leader in financing solutions for SaaS.
Powered by AI-driven credit technology, Tapline offers flexible funding solutions, allowing businesses to scale efficiently. Companies with as little as €15k MRR can access funding of up to €2 million, potentially making Tapline a vital partner for both early and later-stage businesses.
Tapline also actively supports clients in Germany, Estonia, the Czech Republic, and Poland, with further expansion plans to be announced soon. Driven by overwhelming demand for its solution, a robust credit model, and a multi-currency platform, Tapline empowers SaaS businesses across Europe, solidifying its role as a key partner in their growth journey.
Tapline has adopted a capital-light business model to drive efficiency and scalability, enabling the company to deliver competitive pricing and unparalleled flexibility. Alongside non-dilutive financing, Tapline’s platform provides advanced AI-powered analytics, offering clients actionable insights into their financial health, cash flow forecasting, and growth strategies.
“We are thrilled to support Tapline’s next leg of growth with a bespoke debt facility providing lower cost of operations, new credit assessment functionalities, and credit risk transfer. This will allow Tapline to stay capital-light and focus on the development of their technology. Tapline is the first company of its sector adopting this setup,” said Fabricio Mercier, Director at WinYield.
Read the orginal article: https://www.eu-startups.com/2025/01/fintech-tapline-secure-e20-million-in-equity-and-debt-to-scale-operations-and-grow-its-platform/
