Tradico

lendingsme financingother lending

FOUNDING YEAR: 2014
LOCATION: Germany
Last Update: 23/02/2021

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About

Tradico ist der schnellste Online-Finetrader Europas. Unsere Kunden erfahren innerhalb von 30 Sekunden, ob Sie eine Zahlungszielverlngerung fr sich und Ihre Kunden bekommen. 2016 haben wir damit 22 Mio. EUR Umsatz gemacht. Die wichtigsten Kapitalgeber der VC-Branche haben in uns investiert.Wir sind so schnell und so erfolgreich, weil es bei uns kurze Wege gibt, weil jeder eine Stimme hat und weil Teamworking bei uns nicht nur eine Floskel ist. Tradico sitzt mitten in der Start-up-Szene im Mnchner Osten das Isarhochufer und die Maximiliansanlagen sind nur wenige Schritte entfernt.Der Schwerpunkt der Tradico AG und ihrer Finanzierungen per Finetrading befindet sich momentan noch in der D-A-CH-Region.https://www.youtube.com/watch?v=C-SjpkWbNyE

MEDICI Analysis

Tradico is online factoring platform that provides working capital solutions for enterprises. The company offers services to medium-sized enterprises in Germany which are looking for funding for goods or sales outside banks with fast working capital without having to deposit bank securities in return.Tradico then makes a decision immediately about granting a limit for purchases. The service makes decisions about funding for purchases of up to €20k within 30 seconds; the checks take about 48 hours in the case of larger amounts up to €1.5m.

Focus

PRODUCTS & SERVICES

Invoice financing platform for SME's in Germany

REVENUE MODEL

The company earns revenue by charging fee per invoice.

MAIN CLIENTS

Export Business borrowers

company provided insights

Traction

TRACTION COMMENT:

The company claims that it has sales of €22 M in 2016.

company provided insights
Acquisitions

M&A

ACQUIRED BY

Bank Frick

ANNOUNCED DATE

Jun 2019

PRICE

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