Twinco Capital banked €165M in a Growth round led by Quona Capital. The investment includes participation from Working Capital Fund, Mundi Ventures, and Finch Capital. The facility consists of a mixture of equity and a substantial debt portion to fuel its portfolio expansion.
The Madrid-based fintech provides purchase order financing to small and medium-sized suppliers in emerging markets. By integrating with the supply chains of large retailers, Twinco pays suppliers up to 60% of their purchase order value upfront. This liquidity helps manufacturers cover raw material and production costs before goods are shipped or invoices are issued.
Co-founded by Sandra Nolasco and Carmen Marin, the company focuses on closing the global trade finance gap, which often disproportionately affects SMEs in developing regions. The platform uses a data-driven model to assess the strength of the commercial relationship between buyers and sellers rather than relying solely on traditional credit scores.
This capital reflects a maturing European fintech landscape moving beyond consumer banking into complex business-to-business liquidity solutions that support global trade infrastructure.
Originally reported by Tech Funding News.