Digital payment platform Aria, hailing from France, secures €15 million to bring seamless digital payment solutions to various businesses
French fintech company, Aria, is making waves in the European business landscape with a €15M funding round aimed at expanding its deferred payment infrastructure. This move is set to modernize various aspects of B2B commerce in the digital age.
The funding round was led by 13books Capital, with participation from Adevinta Ventures, Ankaa Ventures, Otium Capital, and angel investors including Laurent Ritter, Mark Ransford, and Guillaume Princen (former Stripe exec). Investment companies such as Polychain Capital and Neoclassic Capital also joined in, having previously financed Aria's expansion of their embedded payment infrastructure in the platform economy and B2B marketplaces.
Aria's embedded payment infrastructure is designed to cover funding, KYC/KYB, debtor risk analysis, anti-fraud analysis, credit insurance, and debt recovery. This comprehensive system enables merchants, B2B marketplaces, and vertical SaaS companies to offer a wide array of payment methods and terms, and get paid instantly.
According to Aria's CEO, Clement Carrier, the company aims to solve the bottleneck businesses face in payments. Most online business purchases are completed by credit cards, while transactions via preferred methods like wires, checks, and online banking remain offline.
Stefan Grabmann, Principal at Adevinta Ventures, believes that Aria has developed a powerful solution enabling businesses and freelancers to receive payments on their own terms. He further stated that Aria is spearheading the transformation of B2B marketplaces across Europe with fintech solutions.
Aria has already scaled up quickly to become the leading provider of deferred payments for the contingent workforce platforms in Europe. In the last 12 months, the company has processed over €0.5B in payments for over 30k businesses and freelancers.
Partnering with Europe's largest freelance platforms and marketplaces such as Malt, Brigad, and Jump, Aria is working with over 100 platforms to solve the payment gap between when suppliers need to get paid and when buyers want to pay for goods and services.
The investment will also allow Aria to provide a detailed dashboard for businesses to have a clear overview of their payments landscape. Michael McFadgen, Partner at 13books Capital, stated that Aria has an amazing team, exceptional growth, clear product-market fit across multiple verticals, and is highly capital efficient.
B2B payments globally amount to $120 trillion annually, with only 7% conducted digitally. Aria's innovative solution could potentially revolutionize this sector, bringing more efficiency and digitization to the B2B payments landscape.
The funding round also includes a €150m facility from several investors including M&G Investments to advance payments. This additional funding will undoubtedly propel Aria forward in its mission to help fully digitize B2B trade by bringing business payments and financing solutions online and reducing friction in the buying process.
Read also:
- Trump announces agreement with Chinese authorities on TikTok deal
- Quantum Computing Market in the Automotive Sector Forecast to Expand to $6,462.13 Million by 2034
- Texas finalizes 1.8 billion dollars for the construction of solar, battery, and gas-fueled mini-grids
- List of 2025's Billionaire Video Game Moguls Ranked by Fortune
