Dublin’s FinTech startup Teybridge Capital Europe has raised an preliminary funding line of roughly €50 million from the Madrid-based household workplace Baghdadi Capital, with plans to progressively enhance this to round €500 million because the enterprise grows.
Teybridge Capital Europe, a commerce finance and dealing capital platform, is projected to achieve a valuation of over €100 million.
Dylan Martin, CEO of Teybridge Capital Europe, says: “The funding from Baghdadi Capital supercharges our potential to serve SMEs and corporates throughout a number of areas. It expands our attain, strengthens our providing, and brings our BRIDGE platform to extra companies in want of quick, dependable entry to working capital.
“With this funding, we will assist a broader shopper base whereas preserving the agility and rigor which have all the time outlined us. It’s a strong step ahead for our firm.”
This strategic funding aligns with a broader 2025 pattern in Europe, the place FinTech and specialty finance corporations are scaling working capital and commerce finance options by massive credit score traces and structured capital services.
A number of comparable developments had been reported by EU-Startups this 12 months:
-
London-based Zvilo secured an expanded €75 million credit score facility to assist MSME commerce finance operations.
-
Amsterdam’s Factris obtained €100 million from Model New Day Financial institution to develop its SME invoice-financing portfolio throughout Europe.
-
Prague-based Flowpay raised €30 million from Fasanara Capital to reinforce its embedded finance providing for SMEs.
-
Berlin’s re:cap secured a €125 million credit score facility to broaden its “Capital OS” platform into the UK market.
-
Brussels startup Husk raised €1 million in pre-seed funding to develop cashflow optimisation instruments for early-stage companies.
EU-Startups beforehand featured Baghdadi Capital in reference to its €5 million funding to launch Madrid-based Inexperienced Bunkers, a platform targeted on decreasing maritime emissions.
“At Baghdadi Capital we aren’t merely investing in corporations; we’re shaping a world community of autonomous platforms – related by shared requirements and strengthened with capital. Our funding in Teybridge Capital Europe displays this imaginative and prescient: constructing resilience, empowering native groups, and delivering actually complementary financing options that assist cross border development,” provides Baihas Baghdadi, Founder & Govt Chairman of Baghdadi Capital.
Based in 2022 by Dylan Martin and Colm Devine, Teybridge Capital Europe delivers working capital and commerce finance options to SMEs and corporates by its proprietary platform, BRIDGE.
In two and a half years, Teybridge has deployed approximaely €500 million to over 250 SMEs throughout Eire, the UK, and the U.S.
This funding types a part of Baghdadi Capital’s broader diversification technique, which is designed to strengthen the Group’s place past Spain – its core market – the place it already holds the biggest guide by its subsidiary, Commerce & Working Capital.
All acquisitions are structured as cash-in solely participations, with administration groups retaining full autonomy over day by day operations and danger evaluation.
The UK market now represents 60% of Teybridge Capital Europe’s lending portfolio, offering lending services to UK SMEs and company purchasers within the meals & beverage, know-how, and manufacturing sectors.
Baghdadi Capital’s purchasers will now acquire entry to BRIDGE , Teybridge’s proprietary platform, for digital onboarding, operational administration and close to real-time funding.
Over the previous two and a half years, the platform has processed greater than 12,500 transactions and funded roughly greater than £400 million in commerce finance and dealing capital loans, to greater than 250 purchasers primarily based within the UK, Eire and the US.
On this context, Teybridge Capital Europe brings almost 1,000 debtors throughout 19 international locations over the previous two and a half years, whereas Baghdadi Capital by its completely different corporations within the US and Spain managed nearly 500 debtors solely within the final fiscal 12 months.
Collectively, the platforms look to realize better granularity and resilience, decreasing focus danger and creating synergies to barter extra environment friendly funding phrases which opens the door to new securitisation-like constructions.
As a part of the funding, Baghdadi Capital will be part of Teybridge Capital Europe’s board.
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our publication, and be part of our rising group at nextbusiness24.com
