Anyfin, which helps users improve their financial well-being, has completed a €30 million Series C funding round. The capital will fuel the growth of its business across Europe, as well as help Anyfin to strengthen its product suite in existing European markets.
Amid the cost-of-living crisis, Anyfin’s services provide consumers with the ability to improve their personal finances by saving money on existing loans and credit. The company currently operates in Sweden, Norway, Finland, and Germany. Since its launch in Germany in March 2021, Anyfin has seen a 15% average monthly growth rate and fivefold growth in 2022.
The new capital will be used to strengthen Anyfin’s product suite in existing markets across Europe and accelerate the development of new technology.
The investment demonstrates that the financial industry is due for a significant realignment, in which consumers’ financial well-being comes first.
Overpayment for consumer financial services, fuelled by the opaqueness of the existing financial service industry, is perhaps the most valuable pain point which FinTech can solve. Anyfin is addressing this head-on with its re-finance proposition.