Anyfin secures additional €44.8 million to scale its business

Anyfin, the Swedish startup that makes it possible for consumers to refinance existing loans and also to assume more control of their finances, today announced that it has closed €44.8 million in new capital to fuel the expansion of its operations into more markets in Europe.

The funding effort was led by Anyfin’s existing backer FinTech Collective. Other existing backers who participated include Accel, EQT Ventures, Northzone, and Global Founders Capital (GFC).

The firm also acquired two new investors as part of the round, this includes France-based Quadrille Capital and United Kingdom-based Augmentum FinTech.

The most recent funding round brings the total volume of equity financing acquired so far to €87 million. Additionally, the firm has raised over €431 million in debt financing from a vast group of unnamed lenders.

With this latest capital injection, Anyfin plans to prioritize and fully execute the expansion of its service offering into Germany. The firm has said that it will set up a new Berlin office and reinforce the capacity of its local team. 

Launched in 2017, the firm also plans to launch its new in-app savings accounts which will allow 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,” said Mikael Hussain, CEO, and co-founder of Anyfin.