French FinTech Aria lands €14m funding in Series A
By Gloria Methri
Aria, a Parisian FinTech offering invoice financing and B2B payments solutions, has successfully closed a €14 million Series A funding round. The investment is expected to propel an expansion of the company’s deferred payment infrastructure offer, with a particular focus on SaaS operators.
The investment is expected to boost the expandion of the company’s deferred payment infrastructure offer, with a particular focus on SaaS operators.
The funding round was led by Adevinta Ventures alongside 13books Capital, Ankaa Ventures, Otium Capital and angel investors.
Founded in 2019 in Paris by co-founders Clément Carrier and Vincent Folny, Aria quickly scaled to become one of the leading providers of deferred payments for the contingent workforce platforms in Europe. Aria empowers any merchant, B2B marketplace or vertical SaaS company to improve their growth by offering instant payments to their providers while maintaining cash flow until their customer has paid.
Clément Carrier, CEO and co-founder of Aria, said, “We have solved a big problem for freelancers and the platform economy, but we have seen, first-hand, that businesses face a big bottleneck when it comes to payments. Aria replaces the outdated method of B2B payments with an online experience that closely resembles B2C. We want to modernise wide-ranging aspects of how B2B commerce is conducted in the digital age. We are delighted to welcome Adevinta Ventures as a new investor as we embark on the next phase of our growth.”
Stefan Grabmann, Principal at Adevinta Ventures, said, “Aria has developed a powerful solution enabling businesses and freelancers to receive payments on their own terms. We believe that the future of B2B marketplaces is FinTech-enabled, and Aria is spearheading this transformation across Europe.”
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