Adfin Raises $18m Series A from Index Ventures for Agentic Business Finance
May 12, 2026 – 7:48 am
Visionaries Club returns; Stéphane Kurgan (ex-King COO) and Miro founder Andrey Khusid join. Total funding now over $30m in less than two years. The London fintech says its customers see late-payment rates seven times lower than the UK SME average.
Adfin, the London-based fintech building an agentic money-movement platform, has raised $18m in a Series A round, the company announced on Monday.
The round was led by Index Ventures, with participation from Visionaries Club and new investors Stéphane Kurgan, the former COO of King, and Andrey Khusid, founder of Miro. The investment brings Adfin’s total funding to more than $30m in less than two years.
This announcement follows Adfin being named the third fastest-growing technology company in Europe and the fastest-growing UK company by Scaling Europe.
Adfin pairs proprietary payment infrastructure with agentic AI workflows that decide how to chase, reconcile, and clear invoices on behalf of small and mid-sized businesses.
The company cites research showing 63% of invoices sent by UK SMEs are paid late. Adfin states its own customers see only 9% of invoices paid late—a rate nearly seven times better than the UK SME average.
Currently, the platform serves over 1,500 businesses across the UK, from accounting and law firms to scaling businesses in professional services, trades, and care.
Tom Pope, Adfin’s co-founder and CEO, stated:
"Adfin is building the agentic finance platform for money movement: automating the workflows finance teams use to get paid, manage their money, and, in time, much more. By owning both the underlying financial infrastructure and the agentic workflows on top, we’ll let finance teams deploy agents in a way nobody else can."
Pope added that the platform is designed to keep humans firmly in control, with auditable and trackable workflows for finance teams.
Liam McHugh, director at Steve Pye & Co, a Norwich-based accounting practice and Adfin customer, shared:
"The platform has delivered a roughly threefold reduction in my firm’s late-payment rate, freeing staff from invoice chasing."
Julia André, partner at Index Ventures, expressed:
“Index backs founders who have the rare ability to obsess over a problem and build category-defining businesses. We’re tripling down on Adfin after backing them at pre-seed and seed."
Adfin co-founders Tom Pope and Ciprian Diaconasu are both payments veterans. Pope spent over a decade building payments infrastructure at Worldpay and Tink, which Visa acquired for $2.2bn. Diaconasu was the founding engineer at Mambu, the banking platform business that reached a $5.3bn valuation and counts N26 and Tide among its customers.
The Series A funding will be used to expand Adfin’s product into end-to-end cashflow management and accelerate hiring across engineering.