BidFinance, a Warsaw-based fintech startup specializing in an auction platform for debt portfolio trading, has secured €1.6M in funding backed by venture capital firms and business angels. This investment aims to bolster its presence in Poland and facilitate international expansion, enhancing the efficiency of debt sales. Founded in 2022, BidFinance connects various sellers with buyers in a structured auction model, promoting transparency and reinforcing profitability. Key partners express confidence in BidFinance's market validation and potential, emphasizing the startup's capability to emerge as an international leader in its category.
Warsaw-based BidFinance has secured €1.6M in funding to expand its auction platform for trading debt portfolios, focusing on international growth.
The platform connects sellers and buyers in debt trading, improving efficiency and providing better sale prices, whilst moving towards international markets.
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