Teylor AG
Company

Last deal

$248M
Local Amount - EUR 275M

Amount

Debt Financing

Stage

01.06.2023

Date

4

all rounds

$261.2M

Total amount

General

About Company
Teylor AG is a Swiss technology company that offers fast and comfortable SME loans.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Teylor

founded date

01.01.2018

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Teylor AG has developed a self-built application and underwriting process that allows applicants to receive a credit offer in less than 10 minutes and a business loan of up to €250,000 in two days. The platform analyzes a large variety of different data points from various sources to review the applicant and generate an offer within seconds. Teylor is partnering with different manufacturers, brokers, and financial advisors to provide Teylor-loans to their customers. In the long term, Teylor aims to license its processes and technologies to different financial institutions to automate their small ticket SME lending processes and drastically reduce their underwriting and administration costs. Teylor's platform helps to automate, reduce bureaucracy, and speed up the SME lending process while customizing it for the customer-friendly loan application processes.
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