Fri. Jun 9th, 2023

Anyfin Raises $52m in Funding

Anyfin, a Stockholm, Sweden-based startup that enables consumers to refinance existing loans and take control of their financial health, raised $52m in funding.

The round, which brought the total equity capital raised to $101m in addition to over $500m of debt capital received from a diverse group of undisclosed lenders, was led by FinTech Collective with participation from existing investors Accel, EQT Ventures, Northzone, and Global Founders Capital (GFC) and new investors Quadrille Capital in France, and Augmentum FinTech in the UK.

The company intends to use the funds to:

  • expand its service offering to Germany, set up a new Berlin office,
  • strengthen its local team,
  • launch its new saving service for consumers across Germany, Sweden, and Finland, with plans to expand across Northern Europe.

Launched in 2017 by Mikael Hussain (CEO), Sven Perkmann (CTO) and Filip Polhem (COO), Anyfin is a fintech company simplifying the process of refinancing debt, helping access fair interest rates on their existing consumer credits.

Using loan data with publicly available consumer data and AI, Anyfin’s proprietary platform enables consumers to refinance their existing installments, credit cards and personal loans, based on their actual risk profiles. Via Anyfin’s website or native iOS and Android apps, consumers can select their current loan provider from a dropdown menu, snap a picture of their statement or upload it. Where possible, users receive a refinancing offer from Anyfin with a lower interest rate. Anyfin’s offer can be accepted online, at which point the existing loan is settled directly with the original lender and the individual’s outstanding balance moves over to Anyfin with the improved terms.

Since 2017, the company has expanded to Finland and Germany and launched several new financial services in their app. The increased investment in Germany will include rolling out service offerings currently available in Sweden, such as an interest-free cash advance, a budgeting tool, and a way to block shopping with credit.


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