Deals & Cases

Swiss FinTech startup Tradeplus24 closes CHF 120M Series A Financing Round

10 February 2019 – The Zurich-based Fintech startup Tradeplus24, a B2B lender that provides working capital facilities to SMEs and Mid Cap companies, successful closed its CHF 120M Series A (equity and debt) growth financing round led by SIX Fintech Ventures, Berliner Volksbank Ventures (BVBV) and Credit Suisse.

Launched in late 2016, Tradeplus24 specializes in supporting SMEs & Mid-Market companies with their working capital financing needs by providing innovative worldwide receivables-backed lending solutions that make raising funds simpler and more cost effective.

Walder Wyss has acted as transaction counsel. The team was led by Alex Nikitine (Corporate/M&A, Partner) and further included Marion Bähler (Corporate/M&A, Associate), Dimitrios Berger (Corporate/M&A, Associate), Marius Breier (Tax, Managing Associate), Sandra Weber (Corporate/M&A, Associate) and Christoph Stutz (Labor, Counsel).