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Journal du Net ASTON iTF raises €6M

Journal du Net exclusive: French fintech Aston iTF raises €6 million by Justine Gay

 

For 2017, the BtoB accounts receivable management platform, Order To Cash collection software, is planning ten new hires and a launch in Germany.

Aston iTrade Finance may be “the least glamorous fintech on the market” according to its president and founder Amaury de la Lance, but it continues to attract investors. At the end of 2016, the BtoB platform for managing customer receivables raised €6 million, half of which in equity from the Seventure fund and the other half in quasi-equity and bank debt. A total of 10 million euros raised since its creation in 2011.

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