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Tradico

Industriering 40, Ruggell, Liechtenstein

Overview

Tradico AG is a Munich-based online finetrader that provides finetrading financing solutions and short-term working capital to medium-sized enterprises across Europe, with a major focus on the German-speaking market. Customers apply via a short form on www.tradi.co and Tradico can grant purchase limits immediately, funding purchases up to €20k within 30 seconds and processing checks for larger amounts up to €1.5m in about 48 hours. The company targets enterprises seeking funding for goods or sales outside banks without having to deposit bank securities. Founded in 2014 and led by CEO Manuel Hehle, Tradico operates Europe-wide and plans to expand its customer base first into the Benelux countries. Revenues rose to €22m in 2016. The newly raised capital is intended to support that geographic expansion.

Total raised
$1M
Funding rounds
1
Latest round
Equity
Latest activity
Feb 2017

Industries

  • B2B
  • Finance
  • Financial Services
  • FinTech
Visit website

Recent funding

  1. Equity

    Feb 2017

    $1M

Team

No current team members are available.