Berlin-based Tilta, a fintech company, announced that it has procured a €30M debt facility from Fasanara Capital.
The company aims to use the debt facility to address the working capital gap in B2B transactions.
With the debt facility, the fintech company says it is now capable of financing approximately €250M in business-to-business (B2B) transactions per year.
Tilta looks forward to providing payment terms for buyers and immediate, risk-free payouts to sellers.
Tilta aims to solve this issue by using credit-backed payment infrastructure. The infrastructure allows B2B merchants and marketplaces to give in-context purchase financing to customers.
Tilta’s white-label solution works via a single API integration to cover aspects related to a transaction.
These aspects related to transaction processes include the proper regulatory framework, access to capital, seamless working technology, and risk hedging.
With the infrastructure, businesses ordering on the marketplace can have seamless and transparent individual lines of credit. The infrastructure gives the option to pay via installments or after 30, 60, or 90 days.
In turn, sellers on the marketplace receive their risk-free sales proceeds immediately.
Furthermore, the marketplaces enjoy a major addition in value for their customers. Marketplaces can also monetize a financial service as a new revenue stream to reduce their tight margins.
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