BidFinance Secures PLN 7 Million for Expansion and Innovation
Deal News | Apr 17, 2025 | CEE Legal Matters
BidFinance, an innovative fintech company from Poland, has secured a PLN 7 million investment from venture capital funds, including 4growth VC, the FundingBox Deep Tech Fund, and individual investors. KWKR provided legal advice to BidFinance's founders and existing shareholders, while LSW advised 4growth VC. The company is known for its pioneering online auction platform for debt portfolios, which enhances transparency and pricing efficiency in the debt trading market. With this funding, BidFinance aims to advance its platform further, expand internationally with a focus on the Nordic countries, and introduce new auction types and features. Advising on the transaction from KWKR were Partner Paulina Opielka, Senior Associate Pawel Machowski, and Junior Associate Sandra Murdzek.
Sectors
- Fintech
- Venture Capital
- Legal Advisory
Geography
- Poland – BidFinance is a Polish company and the transaction involves Polish legal advisors.
- Nordic Countries – BidFinance plans to expand its operations into the Nordic region, signifying the geographic reach of its business growth strategy.
Industry
- Fintech – BidFinance operates in the financial technology sector, specifically creating an innovative platform for online debt portfolio auctions.
- Venture Capital – The transaction involves venture capital funds providing critical financing to BidFinance.
- Legal Advisory – Legal firms KWKR and LSW are instrumental in advising the respective parties involved in the financing transaction.
Financials
- PLN 7 million – The total financing amount raised by BidFinance from venture capital funds and individual investors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BidFinance | Target Company | Company | A fintech company that facilitates online auctions of debt portfolios. |
| 4growth VC | Investor | Company | A venture capital fund that is part of the investment round for BidFinance. |
| FundingBox Deep Tech Fund | Investor | Company | A venture capital fund participating in the financing of BidFinance. |
| KWKR | Legal Advisor | Company | Legal firm advising BidFinance and its stakeholders in the financing. |
| LSW | Legal Advisor | Company | Legal firm advising 4growth VC in the investment transaction. |
| Paulina Opielka | Partner | Person | Partner at KWKR involved in advising BidFinance. |
| Pawel Machowski | Senior Associate | Person | Senior Associate at KWKR involved in advising BidFinance. |
| Sandra Murdzek | Junior Associate | Person | Junior Associate at KWKR involved in advising BidFinance. |