The Antwerp-based startup, POM, that develops payment solutions to simplify the processing of invoices has recently raised €830,000 in a new capital round. The extra capital injection comes from a few business angels from the Be Angels and BAN Vlaanderennetworks. In total, the company has raised €1.9 million capital so far.
The existing shareholders, consisting of the management of POM and B2BOOST, also participated in this capital round. The new funds raised will be used to accelerate growth in Belgium, but also outside the national borders. Extra investments will also be made in the further development of POM’s range of services in order to be able to fully anticipate the rapidly changing market conditions (eg PSD2, instant payments, etc.). Ease of payment for end users and a more efficient organisation of customer invoicing for companies are paramount.