Billhop Raises €10.5M in Funding
- Billhop, a Stockholm, Sweden-based B2B payments platform, raised €10.5m in funding
- The round was led by EQT Ventures
- The company intends to use the funds for hiring, customer acquisition, and geographical expansion
- The platform enables businesses to pay supplier invoices using existing cards, regardless of the suppliers’ payment stack, and allow the, to optimize working capital and gain process efficiencies
- The company serves over 20 markets, catering to Fortune 500 enterprise customers across Europe; and sole traders and SMEs in the UK, Sweden, Netherlands, Italy, Ireland and Finland
- The company is licensed as a Payment Institute under the supervision of the Swedish Financial Inspection Authority
