# Billhop

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/billhop

- Industry: Financial Services
- Headquarters: Stockholm, Sweden
- Website: www.billhop.se
- Total disclosed funding: $4.8M
- Latest round: Series A (Feb 16, 2021)
- Investors on record: 1

## About

Based in Sweden, Billhop AB provides a buyer-funded payment solution that streamlines supplier payments via credit card, enhancing cash flow and operational efficiency for enterprises.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. In March 2026, Ramp Business Corporation, a portfolio company of Robinhood Ventures, Epicenter Capital, 1789 Capital, Kultura, Anti Fund, Coral Capital, Glade Brook Capital Partners, Alpha Wave Global, Bessemer Venture Partners, Emerson Collective, Pinegrove Venture Partners, Operator Collective, GV, Sutter Hill Ventures, T Rowe Price, Lightspeed Venture Partners, GIC, Stripes, D1 Capital Partners, 8VC, Khosla Ventures, Greylock Partners, Sequoia Capital, Montauk Ventures, Kinetic Capital Partners, Sands Capital Alternatives, Declaration Partners, Avenir Growth Capital, 137 Ventures, General Catalyst Partners, Definition Capital, A-Star Partners, LGFM, Olive Tree Capital, Honeycomb Capital, Kinetic Partners, Altimeter Capital, ICONIQ Capital, Vista Equity Partners, Spark Capital, Contrary, Neo, Stripe, Inc., 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. Their offerings cater primarily to businesses across the EEA, Switzerland, and Israel, focusing on enhancing accounts payable processes and maximizing credit card utility.In 2022, Billhop reported a revenue of EUR 6,241,864.70 with an EBITDA of EUR -4,943,798.90. 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.

## Funding rounds

- Series A, Feb 16, 2021, $4.8M — 13books Capital

## Investors

- 13books Capital (https://capitalatlas.ai/funds/13books-capital) — Series A
