KWKR has advised BidFinance, as well as its founders and existing shareholders, on financing amounting to PLN 7 million raised from venture capital funds including 4growth VC, FundingBox Deep Tech Fund, and a group of individual investors. LSW reportedly advised 4growth VC.
According to KWKR, BidFinance is an innovative fintech company that has revolutionized the Polish debt trading market through the launch of the first platform for online auctions of debt portfolios. This solution enhances transparency and efficiency by enabling sellers – such as banks, lending companies, energy providers, and leasing firms – to obtain the best available market price, while offering buyers – including debt collection companies and funds – equal access to information. The funds raised will enable BidFinance to further develop its platform and expand into foreign markets, with a particular focus on the Nordic countries, and introduce new features and additional auction types.
The KWKR team included Partner Paulina Opielka, Senior Associate Pawel Machowski, and Junior Associate Sandra Murdzek.