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Adfin Raises $18.0M

Recently funded · $18.0M Series aFinancial ServicesGBView source

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Chasing payments and managing credit control can be a significant drain for businesses, a problem Adfin aims to solve with its AI-powered revenue collection platform. The company today announced it has closed an $18.0M Series A funding round.

The capital infusion was led by Index Ventures and Visionaries Club, with additional participation from Stéphane Kurgan and Andrey Khusid. Adfin's technology is designed to automate data capture from any input source, streamline payment collection and chasing, and enhance credit control, promising a faster, cheaper, and easier financial workflow for its users.

London-based fintech Adfin has secured $18 million in Series A funding to scale its AI-powered money movement and cashflow management platform for businesses. The round was led by Index Ventures, with participation from Visionaries Club, alongside new investors Stéphane Kurgan and Andrey Khusid.

The latest raise brings Adfin’s total funding to more than $30 million less than two years after launch. Tom Pope 🔗 Read full article link in comment #Adfin #FinTech #AI #Funding #SeriesA #StartupNews #CashFlow #BusinessFinance #IndexVentures #Payments #Automation #news

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