topi partners with Macquarie Bank Europe and secures a new funding facility
Berlin-headquartered fintech topi and Australian investment bank Macquarie partner for funding further business expansion
- Berlin-headquartered fintech topi and Australian investment bank Macquarie partner for funding further business expansion
- topi will continue to build out its Seller and OEM base leveraging its deeply integrated, API-based products
- topi to advance its seller and bank integration capabilities in this partnership with Macquarie Bank
Berlin, July 2024 - topi, a leading provider of Hardware-as-a-Service solutions, today announced it received a new funding facility from Macquarie Bank Europe ("Macquarie"), enabling the business to deliver on its growth strategy. This new partnership with Macquarie allows topi to confidently scale, as it looks to capture even greater market share. The new funding provided by Macquarie will enable topi to further invest in and support its strategic relationships with resellers and original equipment manufacturers (OEMs), fulfilling its aim of delivering an exceptional rental service to customers.
"We are thrilled to be working with Macquarie," says topi co-founder Estelle Merle. "Their strong funding and capital position and strategic market knowledge will be instrumental in driving our growth. Partnering with Macquarie will allow us to better serve our key stakeholders, facilitate our entry into new markets and position the company as a key player in the European Hardware-as-a-Service sector."
“We have a long history working with companies providing innovative technology solutions and we are delighted to partner with topi, whose Hardware-as-a-Service model provides a revolutionary approach to sourcing IT products. Their solution brings a new and digital-first approach to equipment rental, which is a welcome advancement in today’s digital world,” says Lou Tricarico, Managing Director in Macquarie’s Specialised Asset Finance division, a division of Macquarie's Commodities and Global Markets Group.
topi's innovative solution for IT retailers and manufacturers
topi was founded by Charlotte Pallua, who previously worked in the sales strategy team at Apple in Cupertino and leads topi's OEM and seller partnerships, and Estelle Merle, a former Goldman Sachs banker who drives topi's banking partnerships and product innovation.
Instead of buying the equipment upfront, topi's platform allows businesses to rent laptops, tablets and smartphones from resellers and OEMs; including Cyberport and Lenovo, as recently announced.
The platform not only offers flexibility, time and cost savings, but also ensures that companies always have access to the latest technology and that used equipment is returned to the circular economy.
IT retailers and OEMs can easily integrate topi via industry-leading APIs and vendor tools, improve their sales process and offer customers a modern and flexible alternative to traditional purchasing. The integration can be seamlessly integrated into all merchant channels such as webshops, telesales and physical retail stores. topi provides a fleet management platform for business customers and automatically takes care of the entire device lifecycle including payment collection, contract management, repairs, upgrades and remarketing of devices. The integration creates a versatile solution that meets the growing needs of customers.
About topi:
topi is a fintech company whose technical infrastructure enables retailers and manufacturers to offer hardware subscriptions to their business customers. The topi platform allows retailers to conveniently offer their products as rentals to their business customers online, in telesales or in-store. The Berlin-based company was founded in 2021 by Charlotte Pallua and Estelle Merle. topi is funded by Index Ventures, Creandum and Silicon Valley-based TriplePoint Capital as well as founders and early employees of Adyen, Stripe, N26, Klarna, Wefox, HelloFresh, Cloudflare, Personio, Foodora and others.For further information, visit www.topi.eu and for press inquiries, please contact: [email protected]
About Macquarie Group:
Founded in 1969, Macquarie Group is a global financial services group and employs over 20,600 people in 34 markets. Commodities and Global Markets, an operating group of Macquarie, has more than 40 years of partnering with our clients to provide capital and financing, risk management, market access, and physical execution and logistics solutions across commodities, financial markets and asset finance sectors. Macquarie Bank Europe DAC is a licensed credit institution regulated and supervised by the Central Bank of Ireland. For further information, visit www.macquarie.com
topi allows businesses to rent hardware on a monthly basis instead of buying it upfront. Easy, affordable and fast.
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