Teybridge Capital Europe Secures €50 Million Investment from Baghdadi Capital
Setting the Stage for Growth
Dublin’s Teybridge Capital Europe has successfully secured an initial funding line of approximately €50 million from Madrid-based Baghdadi Capital. This strategic partnership is designed to scale gradually, with the potential to reach about €500 million as the company expands its operations.
FinTech Innovation in Trade Finance
Teybridge Capital Europe operates as a trade finance and working capital platform, with aspirations to achieve a valuation of over €100 million. The company aims to bolster its offerings and extend reach to a wider array of small and medium-sized enterprises (SMEs) across various regions.
Leadership Insights
Dylan Martin, CEO of Teybridge Capital Europe, stated, “Baghdadi Capital’s investment enhances our capacity to support SMEs and businesses across different markets. It allows us to broaden our service offerings and provides our BRIDGE platform to more companies requiring swift access to working capital.”
Aligning with European Trends in FinTech
This funding rounds aligns with a broader trend seen in Europe, anticipating growth in FinTech and specialty finance sectors through 2025. As companies leverage enhanced credit lines and structured capital to expand trade finance solutions, other EU startups are mimicking this momentum. For instance, London-based Zvilo obtained a €75 million credit facility, while Amsterdam’s Factris raised €100 million.
Expanding Market Reach
Since its inception in 2022 by Dylan Martin and Colm Devine, Teybridge Capital Europe has deployed roughly €500 million across more than 250 SMEs in Ireland, the UK, and the US. With the UK market making up 60% of its loan portfolio, Teybridge is poised to provide essential lending facilities to various sectors, including technology and manufacturing.
Synergistic Partnerships for Enhanced Financing
With Baghdadi Capital’s strategic investment, clients will now access Teybridge’s BRIDGE platform, offering digital onboarding and near-real-time operational management solutions. Over the past two and a half years, BRIDGE has executed over 12,500 transactions, funding upwards of £400 million, thereby enhancing operational efficiency for SMEs.
Conclusion: A New Era for SMEs
The partnership between Teybridge Capital Europe and Baghdadi Capital signifies a major leap towards empowering SMEs with reliable financing solutions. As both platforms collaborate, there’s potential for synergies that can lead to more efficient financing terms and opportunities for new financial structures, fostering cross-border growth and resilience in the SMEs they serve.