Billhop is a Swedish company which enables businesses and individuals to pay their invoices by credit card. In a recent development, the company has closed a €4M Series A investment round from financial technology VC Element Ventures.
Funding for financing
According to Billhop, the latest investment will be used for further product development and to strengthen Billhop’s sales, marketing and customer support functions. This is to keep up with the growing demand for working capital financing solutions, now accelerated by the pandemic-driven global economic uncertainty.