Fintech Aufinity receives EUR 23 million investment
Summary
The rapid growth of the international business and high market demand led Aufinity Group to start this new financing round earlier than planned. The capital raised will be used to accelerate the companys European expansion and to strengthen strategic partnerships with OEMs (original equipment manufacturers).This new round allows us to strengthen our expansion in Europe: thanks to new strategic partnerships with OEMs and the continued commitment to dealers, we aim to redefine the industry standards on a European level, explains Lasse Diener, co-founder and CEO of the Aufinity Group (pictured here with the other co-founders), in a note. The solution offers dealers and OEMs an integrated, customisable digital white label system that improves payment management at all stages: from sales to after-sales. Optimised processes ensure faster payments, increased liquidity, operational efficiency and a better customer experience.We have been following the company for several years and have been impressed by the effectiveness with which the Aufinity team has been able to realise its vision. The success of recent international expansions convinced us to invest in supporting the European expansion and further strengthening the payment management solutions offered by the company, says Maxime Mandin, managing director of BlackFin Capital Partners.PayPal Ventures and Seaya Ventures played a key role in the Series B round of 2024, an investment that marked the beginning of Aufinitys expansion in Italy and Spain.Since our first participation, the Aufinity team has demonstrated great effectiveness, significantly growing the platforms volumes and successfully expanding into after-sales services, the enterprise segment and new markets such as the Iberian Peninsula and Italy.