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Treyd strengthens its leadership and momentum with the appointment of former Klarna Deputy CEO Knut Frängsmyr as Chairman of the Board. Backed by €5 million in new capital, Treyd is accelerating its mission to reshape working capital financing for product brands across Europe.
Now, Treyd redefines invoice financing with ‘Advance.’ By combining it with its flagship supplier payment solution, Treyd now covers the entire working capital cycle–transforming cash flow from a constraint into a competitive advantage for product brands.
Treyd proudly announces the appointment of Justin Parr as Head of Credit. With over 15 years of experience in credit risk management, Parr will enhance Treyd's global expansion and financial inclusion efforts, driving sustainable growth and profitability.
Treyd has launched in Ireland to support local SMEs with its inventory financing solution. Treyd's "Sell first, pay suppliers later" model helps Irish businesses free up working capital tied in inventory, providing a modern, user-friendly financing option to fuel growth and manage cash flow.
Treyd has secured an additional $12 million in an extension of its Series A funding. This brings the total investment to $25 million. Since March 2022, Treyd has expanded into the Nordics and the UK, increasing its customer base sixfold and its team threefold. The new funds will be used to achieve profitability, invest in product development, and fuel growth in existing markets.
The fintech company Treyd is raising 127 million SEK, a large portion of which is in the form of a convertible loan. Investors include Nineyards Equity and Antler, among others. (In Swedish).
Now, merchants in Norway, Denmark, and Finland can leverage Treyd’s innovative financing solutions to grow by financing supplier invoices, allowing them to sell products before making payments and maintaining crucial working capital for operations.
Swedish Treyd aims to become the world's largest provider of short-term credit for retail.
Founded in 2019 by Peter Beckman and Sameh El-Ansary, Treyd offers a "Sell first, buy suppliers later" model. It pays supplier invoices for businesses, allowing them to sell goods, generate cash flow, and repay the loan within 120 days.
Two of Sweden’s fastest-growing fintech companies are joining forces in a partnership to provide easier and more accessible growth financing for retailers that import goods.
Treyd is featured as the hottest startups in Stockholm on the prestigious annual list gathered by Wired magazine.
Curious to see what we can do for your business? Read more about the benefits of Treyding here.
