Treyd, a Swedish fintech startup that offers 'sell first, pay suppliers later' financing for SMEs, has raised an additional $12 million in an extension of its Series A funding round, bringing its total investment to $25 million. The funding was led by Swedish investment firm Nineyards Equity, with participation from Antler, Zenith VC, and J12 Ventures. Treyd, which expanded to the UK in May 2022, plans to use the new capital to grow in existing markets, invest in its core product offering, and work towards achieving profitability.

Treyd Raises $12 Million to Expand 'Sell First, Pay Later' Financing for SMEs

Treyd is a fintech startup founded in Stockholm in 2019 by Peter Beckman and Sameh El-Ansary that offers a special kind of financing for small businesses (SMEs). Known for ‘sell first, pay suppliers later’ financing for SMEs, Treyd’s helps businesses sell their products to customers before they have to pay for the products themselves. This way, small businesses can increase their sales, manage their money better, and have more money available to help their business grow.

Treyd is a fintech startup that helps SMEs sell their products to customers before they have to pay for the products themselves, increasing their sales and helping them grow.

2 years ago

Treyd Raises $12 Million to Expand 'Sell First, Pay Later' Financing for SMEs

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