Teylor to acquire the factoring business units of Grenke.

Teylor, a Swiss technology company, agreed to acquire the factoring business units of Grenke, a global financing partner. Financial terms were not disclosed. “This acquisition marks a significant strategic milestone for Teylor. By expanding into new markets and strengthening our factoring offering, we are reinforcing our position as the leading European platform for SME financing. It brings us one step closer to our goal of providing SMEs across Europe with fast, simple, and accessible funding solutions,” Patrick Stäuble, Teylor Founder and CEO.