Teylor AG
| Public | |
| ISIN | 🆔 |
| Industry | Financial technology, SME finance |
| Founded 📆 | 2018 |
| Founder 👔 | Patrick Stäuble[1] |
| Headquarters 🏙️ | Bäckerstrasse 26, 8004 Zurich, Switzerland |
Area served 🗺️ | Germany |
| Products 📟 | Business loan Commercial and industrial loan |
| Members | |
Number of employees | |
| 🌐 Website | teylor |
| 📇 Address | |
| 📞 telephone | |
Teylor is a digital loan platform and developer of digital financial products and services for the financial services industry. The company is based in Zurich and is registered in Germany as a loan broker.[2] Besides issuing business loans via its website, Teylor also provides its proprietary digital loan application system to banks and other loan brokers as a licensed Software-as-a-Service version.
History
Teylor was launched in 2018 in Zurich by serial entrepreneur Patrick Stäuble and is registered in Switzerland and Germany as a loan broker. [3] The company officially launched its Teylor Lending Platform in March 2019.
Business model
Teylor focuses on small and medium-sized enterprises, which have a disadvantage when applying for bank loans, since banks rely on paper-based and manual processes, making small ticket lending less attractive compared to larger loans.[4] Teylor aims at closing the resulting liquidity gap by providing small business loans, which are issued by Teylor’s partner bank, the Berlin-based solarisBank.[5][6] Teylor’s distribution network consists mostly of business consultants and independent loan brokers, that cooperate with Teylor via affiliate marketing.[7]
Besides its lending platform, Teylor also provides a White Label Software-as-a-Service version of its digital lending process to banks and other loan brokers.[8]
Investors
Teylor closed a financing round of 1 million CHF in April 2019.[9] Among the investors are the Steinbeis Foundation and other private investors and family offices.[10]
References
- ↑ "Zehn-Minuten-Kredite nach Mass". Forbes Austria (in Deutsch). Retrieved 2019-08-07.
- ↑ Finews.ch. "Zürcher Fintech startet in Deutschland – mit prominenter Hilfe". www.finews.ch. Retrieved 2019-05-10.
- ↑ Handelsregister des Kanton Zürich. "Teylor AG Aktiengesellschaft". CH.Register. Retrieved 2019-05-10.
- ↑ Startupticker.ch. "Teylor: Series-A Runde im ersten Geschäftsjahr". www.startupticker.ch. Retrieved 2019-05-10.
- ↑ "Fintechs machen Banken im Firmenkundengeschäft Konkurrenz". app.handelsblatt.com (in Deutsch). Retrieved 2019-08-12.
- ↑ "Millionen-Investment für Konkurrent von Funding Circle". Gründerszene Magazin (in Deutsch). 2019-04-25. Retrieved 2019-07-20.
- ↑ Teylor AG. "Das Teylor Affiliate-Programm: Attraktive Provisionen für Vertriebspartner". Teylor Blog. Retrieved 2019-05-10.
- ↑ Finanzen.net. "Firmenkredit in wenigen Minuten: Teylor startet vereinfachtes Kreditantragsverfahren und digitale Kredit-Plattform". www.finanzen.net (in Deutsch). Retrieved 2019-05-10.
- ↑ Mestrovic-Wattenberg, Astrid (2019-04-30). "Swiss Startup Teylor AG closes funding round of 1 Million CHF and gains strategic investors". Spotfolio GmbH & Co. KGaA (in Deutsch). Retrieved 2019-07-20.
- ↑ Caspar Tobias Schlenk (2019-04-25). "Millionen-Investment für Konkurrent von Funding Circle". www.gruenderszene.de (in Deutsch). Retrieved 2019-05-10.
External links
This article "Teylor" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Teylor. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
