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Tulyp raised €1.5M in a seed round led by Speedinvest and other major investors to revolutionize digital trade finance for SMEs

May 17, 2024•over 1 year ago

Amount Raised

€1.5 Million

Round Type

seed

ParisLendingFintechFinancial Services

Investors

Business AngelsPurple VenturesKima VenturesSpeedinvest

Description

The French startup Tulyp has closed €1.5 million in a seed round led by Speedinvest alongside other major investors including Kima Ventures, Purple Ventures, and business angels. The funding will be used to accelerate growth and enhance Tulyp’s service capabilities in Europe and Asia, improve the platform, refine its functionality, scalability, and forge new strategic partnerships with B2B financing companies and freight forwarders.

Company Information

Company

Tulyp

Location

Paris, Ile De France, France

About

Tulyp is a FinTech specialized in Trade Finance. The Tulyp solution supports international trade actors on their payment guarantees, financing, and liquidity issues. Based on a centralized technology, Tulyp works with full transparency allowing companies to interact financially in the most efficient manner mitigating their counterparty risk without using a third-party. If you have any questions you can contact us, one of our experts will contact you within 24 hours.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers