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)
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...