• The company is said to have lowered the interest rates by an average of around 64% for thousands of people.
• The refinancing solution helped the company earn a Series A in 2018 and subsequently witnessed an €8 mn extension a year ago.

Stockholm-based Anyfin has reportedly raised $30m Series B funding, under the aegis of EQT ventures, Northzone, Accel, and Global Founders Capital. Presently functioning in Finland and Sweden, the company is likely to use the funds to expand its footholds in Europe markets.

The Anyfin team is believed to be one of the most adroit and audacious fintech companies which the EQT Ventures team has interacted with.

For starters, Anyfin allows consumers to refinance their existing loans on mobile app. Underpinned by AI and consumer data available in public domain, the platform has been providing a refinancing alternative by taking a photo of the prevalent loan statement, such as repayment history. The company claims this to give them a holistic picture as compared to the credit score.

The company also stresses to have lowered the interest rates by an average of around 64% for thousands of people.

Aimed at providing fair financial services, CEO Mikael Hussain; CTO Sven Perkmann; and COO Filip Polhem founded the company in 2018.

From the onset, Anyfin is said to be on a mission to boost financial wellness of millions of people. It is worth noting that the refinancing solution led the company earn a Series A in 2018 and subsequently witnessed an €8 mn extension a year ago.

At the time when world is going back to the drawing rooms to assess their financial conditions in the wake of COVID-19 pandemic, Anyfin vies to come to the rescue and help them get control of their funding and ward off expensive loans.

Source credit:https://tech.eu/brief/anyfin-series-b/