Tapline proudly announce that they raised a €20 million pre-Series A round comprising both equity and debt. This milestone enables Tapline to scale its operations, expand its innovative platform, and support the growth of SaaS companies across Europe.
Tapline, provides non-dilutive financing to B2B SaaS and subscription companies by pre-financing future receivables. 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 up to €2M, making Tapline a vital partner for both early- and later-stage businesses.
With over 25 years of combined expertise in credit investment, venture capital, and technology, the team has been instrumental in driving Tapline’s innovation and success.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, the most active early-stage VC in Europe, and several strategic business angels. 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.
Expanding Presence Across Europe
Tapline 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.
Empowering SaaS Businesses with Capital-Light Operations
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.
Partnering with Winyield
“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.
A Vision for the Future
“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.
Tapline continues to innovate and expand its impact, bridging the gap between financial sustainability and growth for SaaS and subscription-based businesses across Europe.
Read the orginal article: https://ffnews.com/newsarticle/funding/german-ai-credit-fintech-platform-tapline-raises-e20m-pre-series-a-round-to-revolutionize-financing/
