Adfin, the London-based payments and finance automation company, has closed an $18 million Series A round, bringing total investment in the company to over $30 million in less than two years. Index Ventures led the round and tripled down on its prior commitment, with existing investor Visionaries Club also participating. The round additionally welcomed Stéphane Kurgan and Miro founder Andrey Khusid as new individual investors.
The company, which helps businesses get paid on time through payments infrastructure and credit control tools, is now pivoting its ambition toward a broader vision: the agentic finance platform. Adfin aims to automate the full range of money movement workflows for finance teams, combining underlying financial infrastructure with AI-driven agents that handle tasks while keeping humans in control of key decisions.
The first product to reflect this shift will be customer agents, a forthcoming feature designed to automate credit control tasks including late fee calculations and personalized reminder sequences. Adfin says the tool will allow users to decide how much to automate and where to intervene manually.
The funding announcement also coincides with a reframed mission statement for the company. Adfin says it has revised its core purpose to helping the world build better businesses, reflecting its view that money movement is not back-office administration but a strategic function central to company health. The company currently reports that its customers see only 9% of invoices paid late, compared to a UK-wide figure of 63%.
KEY QUOTE:
“We want businesses using Adfin to automate their entire finance process: money that moves itself, with teams free to focus on what actually requires judgement.”
Tom Pope, Co-Founder, Adfin
