Adfin banked €15.3 million ($18 million) in Series A funding led by Index Ventures. The round features participation from Visionaries Club alongside angel investors including Stéphane Kurgan and Miro founder Andrey Khusid. This latest raise brings the London-based startup’s total funding to more than €25.5 million since its inception in 2024.
The company provides a financial platform designed to manage and automate revenue collection for businesses. By combining proprietary payment infrastructure with AI agents, the software determines the most effective way to reach clients and settle outstanding invoices. The platform supports multiple payment methods and communication channels, specifically targeting the high volume of late payments common in professional services, trades, and care sectors.
The fresh capital is earmarked for product expansion into end-to-end cashflow management, increased headcount within engineering and sales divisions, and international market entry. Adfin currently serves over 1,500 UK businesses and claims its infrastructure has reduced late payment rates for its users to 9%, compared to a UK average of 63% for SMEs.
As European fintech matures beyond simple transaction processing, startups are increasingly integrating intelligent automation into vertical-specific workflows to solve persistent working capital challenges for small and medium enterprises.
Originally reported by EU-Startups Daily.