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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.
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.
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.
Curious to see what we can do for your business? Read more about the benefits of Treyding here.
