Swedish fintech start-up Anyfin lands €30m Series C funding
Swedish fintech start-up Anyfin has secured €30 million in a Series C funding round as it looks to accelerate its growth across Europe.
Anyfin lands €30m in Series C funding round
The round was led by existing investor Northzone with participation from Accel, EQT Ventures, FinTech Collective, Quadrille Capital, Augmentum FinTech, and Citi Ventures.
The latest capital injection brings Anyfin’s total equity raised to date to €106 million.
Launched in 2017 and headquartered in Stockholm, Anyfin aims to help customers refinance debt and access fair interest rates on their existing credit.
The firm says its platform “enables consumers to refinance existing instalments, credit cards, and personal loans within seconds, based on their actual risk profiles”.
It claims its app has had more than one million downloads to date and has helped lower the average user’s loan costs by 50%.
The fresh cash will be used to strengthen its product suite in existing European markets and boost its growth across the continent.
As well as Sweden, the company currently has a presence in Finland, Norway, and Germany.
Anyfin co-founder and CEO Mikael Hussain says the funding “will enable us to continue improving the scope and scale of our offering” and demonstrates that “the financial industry is due for a significant realignment, in which consumers’ financial wellbeing comes first”.
