Anyfin secured $9M in funding to accelerate growth.
Anyfin, a Stockholm, Sweden-based company providing refinancing solutions to existing loans, announced a €8M ($9M) investment in an extended Series A round.
The backers included existing investors Northzone, Accel, Global Founders Capital, and a new one, FinTech Collective. The company announced €4.8M series A investment in February 2018. Part of the new investment, Christoffer Norman from Northzone joined the board of directors in 2018.
The new funding will help Anyfin develop the product further and prepare for an international launch to take on Northern Europe.
Anyfin, led by CEO Mikael Hussain, was founded in 2017 by former employees of two Swedish fintech companies - Klarna and iZettle. The company is selling a cheaper consumer credit product by providing an easier way for the process of refinancing or consolidating loans and credit cards. The service is supported by 22 employees and is available only in Sweden.