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Congratulations to portfolio company Anyfin on the announcement of their $30m Series C fundraise, led by existing investor Northzone, and with participation from Accel, EQT Ventures, FinTech Collective, Quadrille Capital, Augmentum Fintech, and Citi Ventures.The capital will fuel the growth of its business across Europe, as well as helping Anyfin to strengthen its product suite in existing Europe markets.
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It says this approach creates a more accurate picture than a credit rating — which focuses on things like repayment history and total levels of debt. A user’s application is assessed in seconds, it accepts 40-70% of people applying, and saves customers around 50% on the cost of their loan, according to the startup.
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