Polish fintech startup BidFinance raises €1.6M for its debt portfolio trading platform
Summary
BidFinance raised €1.6 million to accelerate the expansion of its debt portfolio auction platform. The Polish startup connects debt sellers such as banks and telecom firms with buyers including collection agencies, investment funds, and law firms. The company says its platform improves sale prices and has already handled more than 70 transactions. It now plans to enter Nordic markets, where unsecured debt sales are large and active.
Funding
Amount
$1.7M
Total raised
Date
January 1, 2023
Announcement date
Investors
MCI Capital, Business Angels
Lead investors
Company
bidfinance.eu
Funded company
Classifications
industries
Fintech & Banking
applications
Data Management
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