Twinco Capital announced the closing of a €165 million financing package designed to expand what the company describes as the first institutional platform for purchase order finance. The transaction includes a €15 million Series B funding round led by FMO, with participation from Bankinter and existing investors Quona Capital and Working Capital Fund, alongside a €150 million securitization fund led by Banco Santander.
The company said the new capital will help institutionalize and scale purchase order financing, a segment of trade finance that provides funding at the moment a purchase order is issued rather than after goods are delivered and invoiced. Twinco noted that this approach gives suppliers access to working capital earlier in the production cycle, helping address liquidity challenges across global supply chains.
Founded by CEO Sandra Nolasco and COO Carmen Marín, Twinco provides financing to suppliers serving large global corporations. The company funds up to 60% of a purchase order value upfront and delivers additional financing upon delivery, allowing suppliers to finance production before traditional invoice-based financing solutions become available.
Twinco said it has financed more than $1 billion through thousands of transactions across 25 countries while maintaining zero losses since inception. The company supports supply chains for global brands including Mango, Lojas Renner, Centric Brands, and Vertbaudet.
According to the company, the latest financing package will support global expansion, strengthen its technology platform, enhance AI-driven risk capabilities, and unlock additional liquidity for suppliers and manufacturers worldwide. The funding also creates a new avenue for institutional investors seeking exposure to trade finance assets linked to global supply chains.
Twinco emphasized that the milestone represents more than a financing event, describing it as a step toward institutionalizing purchase order finance as a scalable asset class within global trade finance.
