Twinco claims to have “cracked the supply chain finance code” – by providing a solution that includes Purchase Order financing. It combines technology and privileged access to data to assess performance risk, allowing it to fund both small and large suppliers across the world, from the moment they receive a purchase order until final invoice payment. It is a unique model that significantly reduces financing costs and improves supply reliability, with benefits for both suppliers and buyers. Here are details of Twinco’s latest funding round :
🚀 Launch
2016
🏭 Industry
Financial services
🧠Management
Sandra Nolasco (CEO), Carmen Marín (COO), Arancha Díaz-Lladó (CSO), Mariano Klein (CDO), Jorge Sobrón (Head of Risk & Compliance), Jordi Aguilá (Head of Data & Modelling), Alberto Borobio (Head of Finance), Miguel Ángel Alonso (Head of Sales)
💸 Funding & Investors
| INVESTMENT (October 2023) | €50 million (debt) |
| INVESTORS (October 2023) | BBVA Spark |
🎯 Funding purpose
Growth acceleration
🌐 Country HQ
Spain (Madrid)