About Anfa
Anfa is a venture capital firm founded in 2020. It is primarily based out of London, United Kingdom. As of Jun 2024, Anfa has invested in 2 companies. It primarily invests in Series B round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Retail. Most recently it participated in the $***** Series A round of Sipay Overall, Anfa portfolio has seen 1 unicorn, namely Slice. A lot of funds co-invest with Anfa, with names like Lenarco sharing a substantial percentage of its portfolio.Anfa's List of All Investments
Anfa has a portfolio of 2 companies, one of which is a Unicorn. Their most notable investmentis in SipayTheir portfolio spans across India and Turkey. They have invested in Enterprise Applications, FinTech, Retail and 1 other sectors, across stages such as Series A, Series B stages. Here is the list of all investments by Anfa:
1. Slice
Chains providing digital banking, savings accounts, and UPI credit cards. The banking entity offers a savings account with daily interest that adjusts with the central bank's repo rate, featuring no minimum balance and transparent terms. It also provides a UPI credit card for flexible payments and rewards. Additional features include automatic transaction categorization, spending insights, and secure financial management tools. The entity further offers fixed deposits and various credit products through its network of branches and digital channels.
Key facts about Slice
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $331M
- Employee Count: 3,381 as on Feb 28, 2026
- Investors: Tiger Global Management, Insight Partners and 50 Others
- Latest Funding Round: Conventional Debt, Jul 19, 2024, $*****
- Highlight: Editors' Pick

2. Sipay
Sipay is an innovative payment technology company that unites various payment products like Virtual POS, Physical POS, Open Banking, and Digital Wallet under one umbrella to offer easy and fast payment solutions for businesses.
Key facts about Sipay
- Founded Year: 2018
- Location: Uskudar (Turkey)
- Stage: Series B
- Total Funding till date: $93M
- Employee Count: 270 as on May 31, 2026
- Investors: QuantumLight, Elephant Venture Capital and 6 Others
- Latest Funding Round: Series B, Apr 08, 2025, $*****
- Highlight: Editors' Pick
Anfa's Year-on-Year Investment Trends
Anfa has invested in Sipay in 2024 and Slice in 2021. Its most recent first time investment was in Sipay.Anfa's Investments by Stage
Anfa has made 1 investment in Series A stage with an average round size of $15M and 1 investment in Series B stage with an average round size of $220M.Anfa's Investments by Sector
Anfa has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Financial Services and Retail. Notably, it has invested in 2 Enterprise (B2B) companies, 1 Consumer (B2C) company, 1 Software company and 1 company focusing on Tech.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
FinTech | 1 |
Financial Services | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Anfa's Investments by Geography
Anfa has made most investments in India (1), followed by Turkey where it has made 1 investment.Anfa's recent investments
Anfa has not made any investment in 2026 so far.Here are the most recent investments by Anfa:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 04, 2024 | Turkey | Series A | 9664 | [+4] | |
Nov 28, 2021 | India | Series B | 9259 |
Unicorns in Anfa's Portfolio
Anfa has 1 unicorn in its portfolio - Slice. The most recent unicorn in their portfolio is Slice which became a unicorn in 2021.Here is a list of unicorns in Anfa's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Chains providing digital banking, savings accounts, and UPI credit cards | 2016 | Bengaluru | Series C | breqyjl |
Co-investors of Anfa
Over the past 5 years, 41 investors have co-invested in Anfa's portfolio companies. This includes funds and angels.
- Invested before Anfa: Blume Venture, Gunosy Capital and 21 others have invested in rounds before Anfa. There is 1 company where Blume Venture has invested before Anfa and 1 company where Gunosy Capital has invested before Anfa.
- Top Co-investors of Anfa: 12 investors entered a company along with Anfa. These include investors like Lenarco (1 company).
- Invested after Anfa: A total of 6 investors have invested in Anfa's portfolio after their investments. Top Investors include Neo Asset Management (1 company), Stride Ventures (1 company) and GMO Venture Partners (1 company).
Recent News related to Anfa
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Domestic fintech Sipay received $15 million investment led by Anfa VCegirisim•Jun 04, 2024•Sipay, Anfa, Sipay, Jupiter and 5 others
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8i Ventures aims to raise larger second fund at $50 millionIndiatimes•Dec 02, 2021•8i Ventures, Insight Partners, Tiger Global Management, Advent International and 9 others
