Aria, a Paris-based FinTech scale-up offering an embedded invoice financing platform that helps businesses get paid on time, has raised a €7 million Series A extension round and launched a €240 million debt facility to scale its financing capacity to tackle Europe’s late payments crisis. The equity round was led
Rahul Raj
Aria, a Paris-based FinTech scale-up offering an embedded invoice financing platform that helps businesses get paid on time, has raised a €7 million Series A extension round and launched a €240 million debt facility to scale its financing capacity to tackle Europe’s late payments crisis.
The equity round was led by 115K, the venture capital arm of La Banque Postale, with participation from returning investor 13books Capital, and brings Aria’s total Series A to €22 million. 115K will join Aria’s board of directors. The company plans to use this capital to invest in AI tooling, fund new hires, and onboard new clients.
The debt facility is structured across two vehicles. The securitisation fund, a bankruptcy-remote vehicle led by Nomura with participation from Fost, is the primary structure. Aria explains that it buys invoices from suppliers and transfers the receivables to the fund, which issues securities to investors backed by buyers’ future payments. As buyers settle their invoices, the cash recycles to finance new purchases. In a separate legal vehicle, Sienna and Montpensier Arbevel have committed additional capital.
Clément Carrier, CEO and co-founder of Aria, said, “No business owner should spend an average of 86 hours a year chasing late payments. That’s more than two working weeks spent on the phone and writing emails instead of building their business. We want suppliers to get paid straight away and move on to the next order.
“This equity raise and securitisation fund lets us bring that experience to more businesses. Having the right backers who understand the complexity of our market is key, so we’re pleased to bring the financial and regulatory acumen of investors like 115K to our cap table.”
Founded in 2020 by Carrier, Aria is a FinTech company that provides pan-European embedded invoice financing infrastructure for B2B marketplaces, ERP systems, and vertical SaaS platforms.
According to the company, late payments remain one of the greatest threats to small businesses in Europe. Citing the EU Payment Observatory annual report 2025, the company states that tackling this issue could unlock over €100 billion in additional cash flow each year. It further notes that the problem is equally acute in the UK, costing the economy €12.9 billion (£11 billion a year) and contributing to 38 business closures a day. This prompted the government to introduce its first late payments legislation in over 25 years in March.
Aria claims to address Europe’s late-payment problem by bridging the gap between suppliers who need to be paid quickly and buyers who prefer longer terms. The platform embeds invoice financing directly where B2B transactions happen: inside ERP systems, marketplaces, and vertical SaaS platforms.
The FinTech highlights that suppliers are paid immediately, while buyers retain their usual 60-day payment terms. Aria buys the invoice rather than lending against it, thereby offering the suppliers predictable cash flow without taking on debt. A single API handles identity checks, credit assessments, collections, insurance and payments, adapting to local rules, currencies and payment methods across Europe, says Aria.
Explaining how Aria differs from revenue-based financing, B2B BNPL or traditional factoring, the company mentions on its website, “We’re not credit for buyers, and we’re not a separate application process. We’re infrastructure that sits inside your platform—one API call, no redirect, no separate signup. Your users get paid instantly without anyone leaving your software. Traditional factors reject 95% of invoices; we underwrite them. BNPL players assess buyers and send them elsewhere; we assess debtors and stay invisible.”
It works with B2B marketplaces, talent and staffing agencies, vertical SaaS, ERPs, and corporate treasury systems, anywhere invoices are created or managed digitally. The company states that it is ideal for platforms with SMB sellers invoicing larger corporate buyers and with payment terms of 30-90 days.
Armelle de Tinguy, Managing Partner at 115K, commented, “Late payments are one of the most consequential and underserved problems facing European SMEs today. Aria has built a distinctive embedded payment and financing infrastructure for marketplaces and B2B platforms, able to tackle the market at scale. What sets them apart is the rare combination of strong unit economics and a proven model, an exceptional team, and outstanding execution over the last few years in a highly regulated, technically demanding market. We’re proud to support the team as they scale across Europe.”
Aria highlighted that these announcements follow a year of rapid growth. The scale-up reported that it financed 1.7 million invoice advances in 2025, and over 1.1 million more so far in 2026.
It currently powers more than 70 of Europe’s largest B2B marketplaces and freelance platforms, including Malt and Job&Talent. Aria has financed over €1.5 billion in invoices since launching in 2020, while keeping its default rate below 0.1%.
The company plans to expand its existing presence in sectors where late payments are felt most acutely, including transportation, manufacturing, and construction.
