- Paris-based fintech Aria has secured €14m ($16m) in a Series A funding round.
- The funding will be used to expand the company’s deferred payment services, specifically focusing on software-as-a-service (SaaS) operators.
- The investment round was led by Adevinta Ventures and also featured participation from 13books Capital, Ankaa Ventures, and Otium Capital among others.
Aria, a fintech offering invoice financing and B2B payments solutions, has raised €14 million in a Series A funding round. Launched in 2019 by co-founders Clément Carrier and Vincent Folny, the firm quickly grew to become one of Europe’s leading providers of deferred payments for platforms used by contingent workforces.
Aria enables any B2B marketplace, merchant, or vertical software-as-a-service (SaaS) company to boost their growth by offering immediate payments to their providers while managing their cash flow until their customer has paid.
Carrier, who also serves as Aria’s CEO, noted that while the company has primarily resolved payment issues for freelancers and platform economies, businesses also face significant hurdles when it comes to payments. Aria’s goal is to modernise B2B payments by introducing an online experience that draws parallels to business-to-consumer practices. The CEO also expressed his delight at bringing Adevinta Ventures on board as a new investor, as the company enters its next growth phase.
Stefan Grabmann, Principal at Adevinta Ventures, highlighted Aria’s powerful solution that allows businesses and freelancers to receive payments on their own terms. He expressed his belief in a fintech-driven future of B2B marketplaces and credited Aria for leading this transformation across Europe.
