![Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk](https://btcusa.com/wp-content/uploads/2023/12/Deutsche-Bank-Backed-Taurus-Starts-Tokenizing-German-SME-Loans-678x381.jpg)
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Teylor, which offers loans between 100,000 euros ($109,000) up to 1.5 million euros ($1.6 million) to Germany’s vibrant Mittelstand economy, is backed by investors like U.K. bank Barclays (BARC). The fintech firm offered just shy of $25 million of loans last month, its CEO Patrick Stäuble said in an interview.
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