Tapline, a German fintech serving SaaS and subscription-based clients, has raised a €20M pre-Series A round comprising both equity and debt. The funding will be used to scale its operations and expand its platform whilst serving existing customers. Tapline, provides non-dilutive financing to B2B SaaS and subscription companies by pre-financing future receivables.
Tapline specialises in providing funding to early-stage businesses. Powered by AI-driven credit technology, it funds companies with as little as €15K MRR.
The equity portion of the round was led by Karim Beshara, GP of A15 Venture Capital and Managing Partner of Accelero Capital, with participation from Antler, the most active early-stage VC in Europe and several strategic business angels. The debt facility was provided by WinYield.
Tapline's clients span Germany, Estonia, the Czech Republic, and Poland at present, with further expansion plans to be announced soon. Alongside non-dilutive financing, the platform provides advanced AI-powered analytics.
“We are thrilled to support Tapline’s next leg of growth with a bespoke debt facility providing lower cost of operations, new credit assessment functionalities, and credit risk transfer. This will allow Tapline to stay capital-light and focus on the development of their technology. Tapline is the first company of its sector adopting this setup.” said Fabricio Mercier, Director at WinYield.
“With this new funding, we are set to address the liquidity gaps faced by SaaS and subscription businesses in today’s economic landscape. Our approach combines scalability with enhanced analytics and larger ticket sizes, empowering our clients to achieve sustainable growth,” added Dean Hastie, Co-founder and CEO of Tapline.
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