Twinco Capital Secures €50m Debt Facility to Accelerate European Growth

Published 6 months ago

Supply chain fintech firm Twinco Capital has secured a €50m debt facility aimed at accelerating its expansion across Europe. This move adds to the $12m equity and debt raised by the company at the start of the year.

Twinco Capital, founded by CEO Sandra Nolasco and COO Carmen Marin, has provided over $250m in funding to suppliers in emerging markets, including more than 150 suppliers. The company’s mission is to address the $2.5 trillion global trade finance gap that predominantly affects SMEs in developing countries.

Partnership with BBVA Spark

The Amsterdam and Madrid-based firm has partnered with BBVA Spark for its latest funding. BBVA Spark is an initiative of Spanish bank BBVA and has facilitated €250m in financing in its first year of operation. With more than 800 clients, BBVA Spark joins Quona Capital, Working Capital Fund, Mundi Ventures and Finch Capita to back Twinco Capital.

Growth and Expansion

Twinco Capital plans to use the funds to grow its portfolio, customer base, and geographic footprint. The company, which has tripled in size since its launch in 2019, currently collaborates with over 100 suppliers in 13 different countries.

The company mainly engages with large corporations in retail and apparel. It offers a global supply chain finance solution that reduces financing costs and enhances supply chain reliability by providing access to affordable funding.

Innovative Supply Chain Risk Management

Twinco Capital combines its unique funding solution with business intelligence to offer a comprehensive view of supply chain risk. The company leverages technology and machine learning to provide vital data insights on commercial, financial, and ESG suppliers’ performance, equipping its customers with a cutting-edge supply chain risk management tool.