French fintech startup Silvr raises €130m Series A to support growth of digital companies
French fintech startup Silvr announced a €130 million Series A funding round, to support the growth of digital companies. This fundraising comes at a key moment in development and positions Silvr as the European leader in Revenue Based Financing.
Investors XAnge, Otium, Bpifrance, Eurazeo, ISAI and business angels Alexandre Prot and Steve Anavi (co-founders of Qonto), Raphaël Vullierme (Co-founder of Luko), Louis Chatriot (Co-founder of Alma), and Pierre Dutaret (Co-founder of Libeo), participated in the funding round.
After having supported more than a hundred entrepreneurs in just one year, Silvr has the ambition to continue to develop in France and expand internationally, create its own debt fund and form strategic partnerships with banking players during 2022.
By creating the most founder-friendly financing solution possible, Silvr ensures that entrepreneurs can easily access funds to accelerate their growth without paying heavy counterparties. Silvr's teams have developed a unique platform that adapts to all digital business models (SaaS, subscription model, e-Commerce, mobile applications) and gives Silvr the ability to evaluate companies' performance in real time and grant them financing within 24 hours.
Charles Guirriec, CEO, Poiscaille: ''Silvr immediately understood our problems and proposed an offer according to our needs. By financing our stocks and acquisition campaigns, Silvr supports our growth and optimises our production and logistics costs.''
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