Stockholm, Sweden-based fintech platform Anyfin has announced bagging $30 million as part of Series B funding. EQT Ventures is leading the round with support from existing investors Accel, Northzone, and Rocket Internet’s Global Founders Capital (GFC). The firm was founded in 2018 by Mikael Hussain, Sven Perkmann, and Filip Polhem as a platform that helps the users refinance their existing loans, avoid high credit costs, and improve their financial health.
The company offers its services through its Android and iOS app. It currently operates in Sweden and Finland. However, with finance from the current round, Anyfin aims to target the overseas market where it will launch new offerings too.
Hussain, the CEO of the firm, talking about Anyfin and the investment round said that “Right from the start, Anyfin has been on a mission to increase millions of people’s financial wellness and this is now even more important in the current climate. We want to make it as simple as possible to refinance a loan and give consumers the rate they deserve. People are re-assessing their financial situations in light of the coronavirus outbreak and Anyfin can help them get control of their finances and avoid expensive loans. We’re excited to have the EQT Ventures team on board with their extensive network and rich operational experience.”
EQT Ventures' deal partner and investment advisor Ashley Lundström said that “The Anyfin team is one of the most experienced and ambitious fintech teams that the EQT Ventures team has come across. But what really impressed us was that Mikael, Sven, Filip, and the stellar team they’ve built around them are truly value-driven. They’re in the game for the consumer, and never has this been more important. At EQT Ventures we believe that squarely aligning with consumers is a sustainable path to building a healthy business – so we were obviously thrilled to find the combination of tech DNA, market validation, and heart in Anyfin."
Image courtesy: Anyfin