Bankinter invests in Twinco Capital, a fintech specialising in comprehensive supply chain financing
The Bank is participating in an investment round for the company in a transaction led by FMO (Dutch Entrepreneurial Development Bank), together with other investors.
Bankinter sees value in the fintech’s activity, which has successfully raised €165 million through two transactions.
Summary generated with artificial intelligence:
Bankinter has participated in the investment round for Twinco Capital, a fintech specialising in supply chain finance, in a transaction led by FMO (Dutch Entrepreneurial Development Bank), with the participation of other international investors. With this move, the bank is backing a fintech specialising in comprehensive supply chain financing, which involves providing financial support to both supplier companies and purchasing companies.
The origin of Bankinter's participation arose in the international business department, which identified this opportunity for venture capital. Ultimately, the Bank decided to carry out this investment, which reinforces its commitment to innovation.
César Calvo, Director of Strategy at Bankinter, stated that, "as part of its venture capital strategy, Bankinter aims to support innovative companies such as Twinco, which has successfully positioned itself in a rapidly growing supply chain financing business, in which the Bank has extensive experience."”
The Dutch-Spanish fintech Twinco is booming. It has successfully raised a total of €165 million via two avenues. One of these was a Series B capital round (capital in exchange for a stake during the company’s expansion phase) totalling €15 million, led by FMO – the Dutch Entrepreneurial Development Bank – with Bankinter participating alongside existing shareholders Quona Capital and Working Capital Fund. The second avenue involved Twinco securing the backing of a €150 million securitisation fund headed by another financial institution.
Twinco's platform finances suppliers in the earliest phases of the production cycle, long before traditional invoice financing or supply chain financing solutions are available. By combining technology, proprietary risk intelligence and real-time operational data, Twinco is able to underwrite suppliers’ execution risk in emerging markets at scale.
Since its launch, the company has financed over $1 billion through thousands of transactions, with zero losses. Currently, Twinco supports global supply chains across multiple industries and regions, collaborating with international brands such as Centric Brands in the United States, Lojas Renner in Brazil, Mango in Spain and Vertbaudet in France, among many others.
Through its activity, Twinco offers a unique solution for businesses. Unlike traditional banking products such as factoring, confirming or documentary credit, where financing is activated after the invoice is issued or the goods are shipped, Twinco advances access to liquidity at the time of the purchase order. Its approach stands out for speed, operational ease, high level of digitalisation and its scalability, providing a more agile and flexible way to finance international trade, with easy access to credit at a competitive price, tailored to the actual risk of each transaction.