Billhop

Billhop AB, founded in 2012 in Stockholm, Sweden, operates as a payment solutions provider specializing in facilitating supplier payments. The company has undergone strategic developments over the years and has expanded its service offerings. The founders include Erik Malm, Johan Larsson, Lars N, and Sebastian Andreescu, who is also the CEO., Thrive Capital, Goldman Sachs Asset Management, Coatue Management, Conversion Capital, Backend Capital, BoxGroup, and Founders Fund, acquired Billhop AB from ALMI Invest, Ambidextrous Investment, 13books Capital, and EQT. Billhop offers a buyer-funded payment solution that enables enterprises to manage supplier payments efficiently via credit card. This solution optimizes cash flow by allowing businesses to pay suppliers without traditional onboarding, accommodating various transaction types for both strategic and one-time suppliers. Billhop integrates seamlessly with existing procurement systems, supporting international payments in over 13 currencies and upholding strict security standards.90. The company's revenue model relies on transaction fees incurred from supplier payments processed through its platform, allowing clients to charge invoices directly to credit cards while benefiting from extended Days Payable Outstanding (DPO) and early payment discounts. The March 2026 acquisition enables Ramp Business Corporation to secure regulatory licenses and payments infrastructure that allow it to onboard and directly serve companies headquartered in the UK and EU.

1. Series A

   Feb 16, 2021

   Amount

   $4.8M

   Investors

   Locked