Walder Wyss on TP24 CHF 400m funding from Barclays and M&G 

Walder Wyss is acting as legal counsel to Tradeplus24 (TP24), a Zurich-based FinTech SME lender, on its successful completion of a significant debt financing round, raising CHF 400 million. The funding was secured through a CHF 355 million senior facility from Barclays Bank and a CHF 45 million mezzanine facility from M&G Investments.  

This transaction stands out as one of the most substantial fundraising endeavors in the global private debt market for alternative SME lenders and the fintech industry in 2023. The multi-currency facility will be strategically allocated across key markets, including Australia, the UK, and the Netherlands, further strengthening TP24’s position in the international financial landscape. 

Walder Wyss team advising is led by Thomas Müller (partner, corporate/finance) and Marion Bähler (managing associate, corporate/m&a) and further includes Maurus Winzap (partner, tax), Alex Nikitine (partner, corporate/m&a), Dimitrios Berger (managing associate, corporate/m&a), Anaëlle Genoud (senior associate, finance), Rafal Szala (managing associate, finance), and Luca Bartolomei (trainee lawyer, corporate/m&a).