About TradePlus24
TradePlus24 is a company based in Zurich (Switzerland) founded in 2016 by Ben James, Martijn Corbee, and Steve Pike was acquired by Credit Suisse in November 2017.. TradePlus24 has raised $28.99 million across 5 funding rounds from investors including Credit Suisse, SIX and Berliner Volksbank Ventures. TradePlus24 offers products and services including CreditLine.
- Headquarter Zurich, Switzerland
- Founders Ben James, Martijn Corbee, Steve Pike
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.99 M (USD)
in 5 rounds
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Latest Funding Round
$25 M (USD), Series A
Jul 28, 2021
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Investors
Credit Suisse
& 3 more
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Employee Count
Employee Count
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Acquired by
Credit Suisse
(Nov 29, 2017)
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Products & Services of TradePlus24
TradePlus24 offers a comprehensive portfolio of products and services, including CreditLine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers dynamic credit based on open invoices for SME growth.
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Sales and Marketing
2 people
CRO Team
1 people
Head Team
1 people
COO Team
1 people
Leadership Team
1 people
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Funding Insights of TradePlus24
TradePlus24 has successfully raised a total of $28.99M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $25.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Debt – Conventional - TradePlus24 | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - TradePlus24 | Valuation | Credit Suisse | |
| Feb, 2019 | Amount | Debt – Conventional - TradePlus24 | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TradePlus24
TradePlus24 has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Credit Suisse, SIX and Berliner Volksbank Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate-backed venture capital firm focused on fintech and multiple sectors
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Founded Year | Domain | Location | |
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Wealth management, asset management, and investment banking services are offered.
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Founded Year | Domain | Location | |
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Stock exchange, securities, and banking services are provided internationally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TradePlus24
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TradePlus24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tradeplus24 Comparisons
Competitors of TradePlus24
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tradeplus24
Frequently Asked Questions about TradePlus24
When was TradePlus24 founded?
TradePlus24 was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is TradePlus24 located?
TradePlus24 is headquartered in Zurich, Switzerland.
Who is the current CEO of TradePlus24?
Ben James is the current CEO of TradePlus24. They have also founded this company.
Is TradePlus24 a funded company?
TradePlus24 is a funded company, having raised a total of $28.99M across 5 funding rounds to date.
What does TradePlus24 do?
Developer of an online platform for business loans. It sets credit lines up for businesses to avail of loans.
What products or services does TradePlus24 offer?
TradePlus24 offers CreditLine.
Who are TradePlus24's investors?
TradePlus24 has 4 investors. Key investors include Credit Suisse, SIX, Berliner Volksbank Ventures, and Ruvercap.
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