Adfin raises $18m Series A to extend beyond payment collection
Index Ventures led the round as Adfin prepared customer agents for credit control and a broader finance automation platform.
From getting paid to broader finance workflows
Adfin closed an $18 million Series A led by Index Ventures, with existing backer Visionaries Club and new investors Stéphane Kurgan and Andrey Khusid participating. The May 12 announcement brought total investment above $30 million, less than two years after launch.
The company said the round would fund its move beyond payment collection into more of the workflows finance teams use to manage money. Its first planned step was customer agents for credit control, including late-fee calculations and tailored reminders, with users choosing how much to automate and when to intervene. Those features were described as forthcoming at the time of the round.