Aevi secures €5M Venture Debt Funding

  • Fundraising News
  • 25.11.2024 08:35 am

Salica Investments today announces its fifteenth investment from its Growth Debt fund, providing EUR 5m to Aevi, an award winning in-person payment orchestration provider. Aevi is aiming to create a more open world where anyone, anywhere can receive or make any type of payment. This latest injection in funding will aid Aevi in strengthening its position in the market and accelerating its journey to be the leading in-person payments platform globally.  

With unrivalled technology, Aevi enables the transformation of in-person payment devices into easy-to-manage digital endpoints. This enables flexible payment orchestration that optimises the entire payment journey. 

The company follows a distinctive, open, cloud-based platform approach built on a global infrastructure. This technology not only enables flexible orchestration but also facilitates valuable data gathering across the entire payment value chain. The primary focus is on enhancing in-store customer experiences and streamlining administrative processes. Aevi’s platform empowers all participants in the payment ecosystem to expand their business models. By offering more cost-effective, adaptable processes alongside integrated omnichannel and comprehensive processing capabilities, businesses can achieve significantly higher efficiency and broader reach. 

Ross Goodwin, Partner at Salica Investments Growth Debt Fund, said: “We are delighted to be supporting Aevi, a true pioneer in in-person payment orchestration. Their innovative, open cloud-based platform is transforming the payments ecosystem by enabling seamless, flexible, and efficient payment journeys. Aevi’s ability to enhance in-store experiences and empower businesses to optimise their operations aligns perfectly with our mission to back companies driving meaningful impact and growth. This investment underscores our confidence in Aevi’s exceptional technology, leadership, and vision to become the global leader in in-person payments.”

Aevi CFO, Matthias Finke, said: “Salica’s investment is a testament to Aevi’s vision and growth potential. This funding will empower us to accelerate our mission of transforming the in-person payments ecosystem, enabling our partners and customers to thrive in a more open and connected world.”

As a recognised Fintech leader, Aevi operates in both Europe and the USA, with offices in London, Paderborn and Prague. As Aevi continues to innovate and expand, it aims to lead the charge in transforming payment ecosystems, enabling the best in-person experience and ease of payments management worldwide.  

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