B2B billing cycle management solution Billin has received a co-investment from K Fund and Kibo.
The value of the new equity round is reportedly €1.5m and will be used to help the company expand its operations across Europe and make a move in Latin America, according to an article by Tech.eu.
Spain-based Billin is a platform which aims to save time for billing processes by creating invoices within a minute, that can be tailored to a company’s needs with taxes added per line, product discounts, expenses, equivalence surcharges or recurring invoices. The free billing program offers unlimited invoices for customers and users.
Through the platform users can organise invoices of customers and suppliers on the same site and design the invoice to have logos, colours and messages. The platform is also available via mobile and allows buyers to pay via direct debt, credit card or debit card.
Alongside K Fund and Kibo, Fogg founder and current Gocardless CPO Carlos Gonzalez Cadenas also took part in the investment.
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