Index Ventures leads $18M round in UK fintech Adfin
What's the deal? London-based fintech Adfin has raised $18M in a round led by Index Ventures. The startup builds tools to help small and medium-sized businesses get paid faster by streamlining invoicing and payment collection.
The signal: Adfin has reached breakout stage, according to Dealroom, suggesting rapid early traction in a space where SME payment friction remains a persistent and largely unsolved problem. Index Ventures, one of Europe's most prominent investment funds, has a deep track record backing fintech infrastructure plays at scale — its involvement here is a strong vote of confidence that B2B payment collection for smaller businesses is a category with room to grow significantly.
Read more: Tech Funding News