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HomeFinTechBillhop: Raises €4M in Series A Funding

Billhop: Raises €4M in Series A Funding

  • Billhop, a Stockholm, Sweden-based payment platform that enables businesses to pay invoices by credit card, raised €4M in Series A funding
  • The company intends to use the funds to further develop the product and to strengthen sales, marketing and customer support functions
  • Billhop provides a platform that enables SMEs and enterprises to pay invoices by credit card, regardless of whether the supplier accepts card payments
  • The company manages the entire payment process without onboarding the end recipient of the invoice payment
  • The service now used by more than 50,000 European companies, including Fortune 500 companies
  • Billhop isa Swedish Payment Institution licensed by the Swedish Financial Supervisory Authority (Finansinspektionen)
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