Adfin Financial Services secures £11.4m Series A for automated invoicing platform

Automating the invoicing and payment lifecycle for small businesses is the core focus of Adfin Financial Services Ltd, which has just raised an estimated £11.4m in Series A funding. The London-based company provides an integrated platform designed to streamline financial operations by managing credit control and payment collection.

Founded in 2024, Adfin Financial Services Ltd develops software that allows businesses to send invoices and receive payments through multiple methods. The platform is specifically built for accountants and scaling businesses operating within low-risk industries. Its geographical reach currently includes the United Kingdom, Guernsey, and Jersey.

The Series A round reached an estimated size of £11.4m. This capital follows the company's initial incorporation and early development phase. Documentation for the share allotment was filed in May (following an allotment date in April). The specific valuation for this round was not disclosed in the filings.

Financial records for the year ending 31 December 2024 show that the company operated with a team of four employees. Specific revenue and profit figures for this period were not disclosed in the latest filings.

In conjunction with the funding activity, the company updated its board of directors. Julia André was appointed to the board in April.

Adfin Financial Services Ltd focuses on reducing the administrative burden of manual invoicing. By integrating payment processing with automated credit control, the software aims to improve cash flow management for its target user base of small and medium-sized enterprises.