Ukrainian-French fintech startup Aiffin has raised 3.1 million euros to scale its platform for financing small and medium-sized businesses in Europe. The company, founded last year, is now valued at about 30 million euros.
The funding combines 625,000 euros in equity from private investors and a crowdfunding campaign involving more than 50 investors from nine countries, plus 2.5 million euros in debt capital intended for lease financing through the platform.
Automating lending for SMEs
Aiffin is building technology that replaces weeks of paperwork with an automated process for leasing and business finance. The platform uses artificial intelligence and open banking data to assess applications quickly, score risk and detect fraud.
The company works in a hybrid model: it issues leasing products directly and also provides its AI infrastructure to other financial players, including neobanks, car dealers and brokers. For banks and finance companies, that creates a digital engine for faster credit decisions.
Ukrainian expertise in European fintech
Although Aiffin is based in Paris, much of its technical and product work is done by Ukrainian teams. This makes the startup another example of Ukrainian engineering expertise becoming part of Europe’s financial technology ecosystem.
The founders previously developed ESKA Capital and ESKA Finance, where they financed more than 35 million euros for small businesses. The new investment will support expansion in France, entry into additional European markets, development of AI scoring infrastructure and growth of the engineering and product teams.
