Fintech Teylor's debt fund has appointed a high-ranking Swiss banker to its board of directors.

Teylor Debt Fund appoints Didier Denat to its board of directors to support the growth of its private market activities in the Germany Switzerland and Austria (DACH) region and other Western European countries, according to a statement Thursday.

He's a managing director in Reyl Intesa Sanpaolo's corporate finance team, based in Zurich. Previously, Denat held senior positions at major investment banks, including serving as head of corporate banking and a member of the executive board of Credit Suisse Switzerland.

Luxembourg Vehicle

The Teylor Debt Fund is a Luxembourg-based debt fund handling financings originated through the Teylor lending platform. It is managed by the Luxembourg-based AIFM RSM Luxembourg.

The lending platform uses automated processes for loan origination, due diligence, and underwriting to provide German SMEs with access to financing.

In just three years, the company has reportedly processed nearly four billion Euros worth of SME financing, much of it through the Teylor Debt Fund. Institutional investors such as the British Barclays Corporate and Investment Bank and M&G Investments are fund clients.