tp24 [tradeplus24.ch]

What tp24 [tradeplus24.ch] does

TP24 (Tradeplus24) is a privately held Swiss fintech founded in 2016 that provides receivables-backed revolving credit facilities to small and medium-sized enterprises (SMEs) unable to obtain traditional bank financing. The company operates across three markets — Switzerland (headquarters in Zürich), Australia (regional headquarters in Melbourne), and the United Kingdom — with localized websites and country-specific credit tiers ranging from CHF 100,000 to CHF 3,000,000 in Switzerland and £250,000 to £5,000,000 in the UK.

The company's core product is CreditLine, a dynamic revolving credit line sized against the borrower's open receivables (accounts receivable). Distinctive technical features include: credit lines that automatically grow or shrink as receivables fluctuate, silent (undisclosed) assignment of receivables that preserves customer relationships without notification, and weekly receivables reporting that can be automated via accounting software integration or submitted manually through an online dashboard. The product is positioned by the company as a "globally unique" receivables-based credit system for B2B SMEs, offering no personal guarantee, no lock-in agreements, no floating charge, and no monthly reconciliation requirement.

TP24 generates revenue primarily through interest and fees on the credit lines extended to SMEs, with usage-based pricing (pay-as-you-go) varying by market. The go-to-market combines direct online sales through country-specific websites with an Introducer Program that recruits accountants, business advisors, and financial consultants as referral partners. The primary customer segment is B2B SMEs facing bank financing gaps, with a secondary focus on mid-market SMEs with CHF 10-50M in annual revenue. The company markets through content (a multilingual financial blog), SEO/organic search, and partner referrals, and is led by Matthias Kribbel as Managing Director for Switzerland. No funding rounds, acquisitions, or revenue figures are publicly disclosed.

Name

tp24 [tradeplus24.ch]

Legal name

TP24 Group

Website

https://tradeplus24.ch

Company type

Private

Founded year

2016

Operating status

Operating

Short description

TP24 provides receivables-backed revolving credit lines (CHF 100K–3M in Switzerland, £250K–5M in the UK) to B2B SMEs that cannot obtain bank financing, operating across Switzerland, Australia, and the UK through direct sales and an introducer network.

Ownership category

akta.pro rank

Product category

Receivables-Based SME Lending

NAICS

Credit Intermediation and Related Activities (522), Sales Financing (522220)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Collateral-Based Lines of Credit (Secured Revolving) (FSAKALAH)

akta.pro secondary industry

Line of Credit / Revolving Short-Term Credit (Non-card) (FSAKAMAG)

Keywords

• Receivables financing
• SME lending
• Business credit line
• Invoice financing
• Working capital solutions

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. CreditLine Interest and Fees: TP24 generates revenue through interest charged on the credit lines extended to SMEs. The credit is secured against receivables and the facility adjusts dynamically based on the value of open invoices.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

TP24 provides receivables-backed revolving credit facilities (branded CreditLine) to small and medium-sized businesses that face difficulty obtaining bank financing. The credit line grows dynamically with the borrower's open receivables, requires no personal guarantee or lock-in agreements, and uses silent assignment of receivables. CreditLine is offered in Switzerland (CHF 100,000-3,000,000), the United Kingdom (£250,000-£5,000,000), and Australia.

Product overview

TP24 (Tradeplus24) operates as a global SME lending platform offering a single unified product — CreditLine — across Switzerland, the United Kingdom, and Australia. CreditLine is a dynamic, receivables-based revolving credit line that scales with the borrower's open invoices. The platform also includes an Introducer Program for intermediaries and an online dashboard for manual receivables submission alongside automated accounting software integration.

Differentiator

Problem solved

Functional benefit

Brands

• CreditLine: A globally unique credit line system for B2B SMEs that provides financing based on receivables, with amounts that grow alongside business growth

Products and services

• CreditLine

Quantifiable outcome

• Credit facility range: CHF 100,000 - 3,000,000 (Switzerland) / £250,000 - 5,000,000 (UK)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Fleximize: UK-based direct SME lender offering flexible, revolving credit lines to growing businesses. Comparable to TP24 in serving UK SMEs underserved by banks, with a digitally delivered, non-bank credit product.
• MarketInvoice: UK-based SME invoice financing platform (acquired by Visa) that advanced against open receivables. Closest direct analogue to TP24's CreditLine, sharing the receivables-backed revolving credit model and UK SME target market.
• Nucleus Commercial Finance: UK alternative lender providing receivables, asset, and commercial finance to SMEs. Direct peer in providing nimble, non-bank working capital solutions to UK SMEs that struggle to access traditional bank financing.
• Liberis: UK fintech providing revenue-based financing to small businesses via partner integrations. Comparable due to its SME focus, embedded/integrated origination model, and non-bank working capital offering for underserved borrowers.
• Iwoca: UK SME lending platform offering flexible credit lines and short-term loans to small businesses. Comparable due to its UK SME focus, online application flow, and use of accounting software integration for underwriting and ongoing monitoring.

Regional players

• Scottish Pacific: Australia/NZ-headquartered specialist in invoice finance, debtors finance, and lending to SMEs. Comparable in providing receivables-based working capital to SMEs in Australia, an overlapping market with TP24.
• Creditshelf: Swiss online lending platform providing working capital and growth financing to SMEs. Comparable as a Swiss-headquartered, technology-driven alternative lender targeting the same SME bank-financing gap that TP24 addresses in Switzerland.
• Prospa: Australia's leading online lender to small businesses, offering unsecured loans and lines of credit. Comparable as a non-bank SME lender using technology-driven underwriting, with primary geographic overlap in TP24's Australian market.

Broad incumbents

• Funding Circle: UK-listed SME lending platform operating across business loans and Flexiloan lines of credit. Comparable as a large, established non-bank SME lender in the UK with revolving credit products, though with a broader scope than TP24.
• Bibby Financial Services: Global invoice finance and factoring provider operating across the UK, Australia, and Europe. Comparable as a broader incumbent competitor in receivables-based SME finance, with overlapping geographies (UK, Australia) and underlying product overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tp24group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about tp24 [tradeplus24.ch]