Teylor AG announces CHF 8 million Series A financing round
11 June 2020 – Swiss FinTec startup Teylor AG has successfully closed its CHF 8 million Series A financing round. CEO Patrick Stäuble, who founded Teylor AG in 2018, explained that the Series A round will enable Teylor AG to expand its lending and software business throughout Europe and to solidify its position as one of the leading technology providers in the SME banking segment. The Series A financing round includes investments from various existing and new investors, among others the Munich based VC WENVEST Capital and technology service provider Steinbeis, well-known private investors, such as Patrick Zbinden, Global Co-Head and CEO Switzerland at EFGAM, as well as other angel investors, family offices, and institutional investors from Switzerland, Germany, and Israel.
Walder Wyss Ltd advised Teylor AG on all legal aspects of the Series A financing round. The team was led by Boris Räber (Managing Associate, Corporate/M&A) and further included Claudia Weber (Senior Associate, Corporate/M&A), Judith Rothen (Junior Lawyer, Corporate/M&A).