Arcfina has announced that it has this week closed a second round of funding to accelerate the development of the Arcfina credit portfolio and risk management platform. Following successful implementations at a number of clients the funds will be used to continue to build out new features and functionality within the platform and to grow the client base.

Justin Sycamore, founder and CEO, says “I am very thankful to everyone who has taken the project to this stage which has allowed us to receive renewed backing from several industry participants. I look forward to delivering more and more features on Arcfina and building our user base further.”