bfinance raises euro34 million

Investee Company –

Investee Company Country – UK, France and Germany

Investee Company Business Type – Online financial information and transaction services

Type of Financing – Development

Equity Providers – Carlyle Internet Partners Europe, NetPartners and Seat

Equity Leader (Individual) – Lori Belcastro, Carlyle Internet Partners Europe, Michele Appendino, Netpartners

Debt Providers – N/A

Debt Type – N/A

Debt Leader (Individual) – N/A

Equity Amount – euro34 million

Total Deal Value – euro34 million

Other Advisors – Wiggin & Co

Comments –, a European online business finance marketplace, today announced the completion of its third round of financing. The company has raised euro34 million from Carlyle Internet Partners Europe, NetPartners and Seat.

Formed in 1999,, with headquarters in London, Paris and Frankfurt, operates a financial portal for finance directors and treasurers. The portal provides critical information for users including business finance news, expert articles, relevant links, and market data from a variety of sources. Companies can also launch bid tenders, via the site, for any business finance product. The service allows finance directors and treasurers to select potential providers from a selection of leading international financial institutions, which are targeting such companies and products.

Marc Mayor, CEO and cofounder of, commented: “This third round of financing will allow the company to develop from an established base as Europe’s online business finance solution with wide industry participation, cutting edge technology and great teams across Europe.”

Lori Belcastro, director, Carlyle Internet Partners Europe, said: “bfinance provides an exciting service which has the potential to offer corporate finance teams much faster access to specific finance products.” Michele Appendino, managing director , NetPartners added: “The European online business finance market is a large and value-adding niche offering where bfinance is well positioned and far ahead of potential competition.”

bfinance plans to continue to assert itself as Europe’s online “B2B” finance solution while using funding proceeds to reach profitability.