Tradeplus24

Franzen & Company advises Tradeplus24 in its growth financing strategy

The company

Tradeplus24 is a Zurich-founded FinTech, with offices in Switzerland and Australia. The company provides easy, flexible funding to SMEs in the Swiss and Australian markets with its innovative approach allowing its corporate clients to securely leverage domestic and international receivables, unlocking working capital. Its digital application process means little administrative hassle as Tradeplus24 synergises with existing accounting software platforms: it talks directly with the ledgers of its corporate clients rather than their b-to-b customers, ensuring privacy.

Investors

Tradeplus24 is backed by Credit Suisse and PostFinance as major funding partners for the lending vehicles, along with respected names such as SIXFintech Ventures, Berliner Volksbank Ventures (BVBV), and Credit Suisse Entrepreneur Capital as key institutional shareholders of the company itself.

Growth story

After the success in the European market, Tradeplus24 expanded to Australia in 2019 to address a market opportunity in the form of a clear gap in the ability for SME’s to obtain financing to grow their business. Using the accounts receivables as security, Tradeplus24 offers credit lines from $500k – $10m. As Industry leaders with an effective solution, Tradeplus24 is helping its SMEs clients to grow their business.

Franzen & Company

Franzen & Company provides access to capital through private placement services for both private and public companies. In all engagements, Franzen & Company professionals guide companies seeking access to private institutional capital through the entire process, step by step. Our team effectively manages the entire placement process from development of business plans with management, identification and approach of suitable investors, preparation and handling of due diligence to negotiating final terms and covenants, coordinating legal documentation and closing.