Berlin Fintech Tapline Scales Platform for SaaS Companies
Tapline funds SaaS businesses up to €2m through AI-powered lending technology - © Tapline
Tapline, a Berlin-based fintech providing non-dilutive financing to B2B SaaS companies, has secured €20 million in a pre-Series A round combining equity and debt funding, according to a company announcement.
The equity portion was led by A15 Venture Capital's GP Karim Beshara, with participation from Antler and strategic business angels. WinYield provided a specialized debt facility to finance Tapline's portfolio of non-dilutive capital deployments.
Targeting SaaS and subscription businesses with monthly recurring revenue as low as €15,000, Tapline offers funding up to €2 million through its AI-powered credit technology platform. The company currently serves clients in Germany, Estonia, the Czech Republic, and Poland.
The fresh capital will support Tapline's expansion across Europe while enhancing its AI-driven analytics capabilities. The platform provides clients with insights into financial health, cash flow forecasting, and growth strategies.
"With this new funding, we are set to address the liquidity gaps faced by SaaS and subscription businesses in today's economic landscape," said Dean Hastie, Co-founder and CEO of Tapline. The company's capital-light business model enables competitive pricing and flexibility for clients.
The WinYield partnership brings additional advantages, including reduced operational costs and enhanced credit assessment functionality. "This will allow Tapline to stay capital-light and focus on the development of their technology," noted Fabricio Mercier, Director at WinYield.
