Anyfin, the Stockholm-based fintech startup that lets consumers refinance existing loans and take control of their financial health, announced €44.8 million of funding to fuel its growth across Europe.
New York-based investor FinTech Collective is leading the new financing round. Existing investors Accel, EQT Ventures, Northzone, and Global Founders Capital (GFC) also joined the round. New investors Quadrille Capital in France, and Augmentum FinTech in the UK also joined the syndicate. The firm has now raised a total of to €87 millions in equity capital. In addition, the company has raised over €431 million of debt capital from a diverse group of undisclosed lenders.
The new capital will enable Anyfin to expand its service offering to Germany, set up a new Berlin office and strengthen its local team. In addition, Anyfin, which was founded in 2017, will launch its new saving service for consumers across Germany, Sweden, and Finland, with plans to expand across Northern Europe. Anyfin’s in-app savings accounts will enable consumers to easily and intuitively manage their money without any financial expertise.
“We’re very proud that our four years of demonstrated success in the Nordics has inspired a new group of investors that we have what it takes to become a major fintech player in Europe,” “We see the German market, which within the next couple of months will become our biggest market, as a place to show just how much we can help consumers escape the burden of debt and turn the tables on credit institutions that aren’t serving them. This investment represents growing momentum around the idea that the financial industry is due for a massive realignment, in which consumers’ financial wellbeing comes first.” said Mikael Hussain, CEO and co-founder of Anyfin.
Anyfin was launched in 2017 by Mikael Hussain (CEO), Sven Perkmann (CTO) and Filip Polhem (COO), who have helped build some of Sweden’s leading technology success stories at Klarna, Spotify, and iZettle.