🇵🇱BidFinance

Sector: Fintech • Debt Trading • B2B Marketplace  Type: Early-stage startup  Location: Warsaw, Poland  Founded: 2022 Founder / CEO: Eugene (Zenia) Karastoyanov  Website: bidfinance.pl

Overview:

BidFinance digitizes and standardizes the debt portfolio trading process by connecting sellers (banks, telecoms, leasing firms) with buyers (collection agencies, funds, law firms) through a real-time auction platform. The solution increases transparency, boosts sale prices, and lowers entry barriers for buyers.

Traction & Impact:

• 70+ transactions completed • €280M+ in listed portfolios • 70 active buyers (90% of Polish market) • Sale prices increased from 15% to 26% on average — up to +80% in some auctions

Funding:

• €1.6M raised (2025) • Investors: 4growth VC, FundingBox, Digital Ocean Ventures, business angels • Backed by PFR Ventures via FENG program

Expansion Plans:

• Entering Nordic markets in 2025 (€8–10B annual opportunity) • Goal: become CEE leader in debt trading digitization

Business Model: Transaction-based fees from auctioned debt portfolios

Stage: Growth / Early international expansion  Strengths: First-mover advantage • Real-time auctions • Strong investor backing