Company Research Report: Silvr

Company Overview

Name, Mission of the Company

• Company Name: Silvr

• Mission: To empower business owners - the builders of tomorrow, by making business funding more accessible through data-based scoring technology.

Founding Information

• Founded: 2020

• Founders: Nima Karimi and Gregory Tappero

Key People in the Company

• Nima Karimi: Co-founder & CEO

• An angel investor, serial entrepreneur, and tech mentor with 15 years of CEO and CTO experience.

• Gregory Tappero: Co-founder & CTO

• Four-time CTO and HEC Paris graduate with extensive experience in technology-driven ventures.

• Benjamin Soussan: Chief Capital Officer

• Over 14 years of experience in alternative investments and asset management.

• Sébastien Allain: Chief Operating Officer

• With 18 years of experience in operations and management.

• Benoît Renard: Chief Revenue Officer

• A seasoned marketing expert with over a decade of experience.

Company Headquarters

• Headquartered in:

• Paris, France: 4 place de la Bourse, 75002 Paris

• Berlin, Germany: Karl-Liebknecht-Straße 29A, 10178 Berlin

Number of Employees

• Employees: Over 60

Revenue of the Company

• YoY Revenue Growth in 2022: Over 600%

What is the Company Known For

• Reputation: Silvr is known for its quick and flexible corporate loans tailored to SMEs, employing advanced data-based scoring technology to provide fast and secure funding solutions.

Products

Overview

Silvr offers short-term financing products designed to optimize cash flow, secure inventory, and fuel business growth for SMEs.

Details on Products

1. Receivables Advance

• Description: Provides immediate cash to cover unpaid invoices.

• Key Features:

• Instant cash for unpaid invoices

• Secures payments to vendors

• Flexible repayment over time

2. Inventory Financing

• Description: Helps businesses order stock without using up their cash reserves.

• Key Features:

• Funds to stock up early

• Finance larger orders

• Pay back over time

3. Growth Financing

• Description: Supports businesses in investing in growth projects.

• Key Features:

• Invest in marketing, recruitment, and development

• Flexible payback terms

4. Cash Reserve

• Description: Provides a financial cushion for unexpected expenses.

• Key Features:

• Boost instant cash flow

• Cover unexpected expenses

• Payback over time

Recent Developments

New Products Launched

• No information is available

Recent Developments in the Company

• June 2023: Silvr secured the ability to broker up to €200M in new loans through Citi.

• March 2023: Silvr entered the German market and acquired a competitor.

• February 2022: Raised 112 million euros in debt to enable fairer business financing.

• February 2023: Began offering funding to all SMEs.

New Features

• No information is available

New Partnerships

• January 2023: Opened a German office in Berlin.

• New Partnerships: Collaborated with Citi, enabling up to €200M in new loans.

Achievements

• Capital Loaned: Over €200M deployed

• Funding: Raised €330M of capital in equity and debt since 2020.

• Customer Base: Thousands of companies financed, with a high client retention rate of 2 out of 3 clients seeking refinancing.

• Industry Recognition:

• Top 100 EMEA fintechs by Accel Capital (2022)

• Top 10 LinkedIn Top Startups in France (2022)

• Ranked 3rd out of 500 fastest growing tech companies in France (2022)

Conclusion

Silvr is a leading fintech company providing rapid and accessible financing solutions to SMEs in Europe. With their data-driven approach and significant industry milestones, Silvr continues to revolutionize business financing, helping numerous businesses bridge gaps and achieve growth.

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