Billhop
Billhop is a licensed Swedish payment institution that enables enterprises to pay any supplier by credit card — even non-card-accepting ones — by converting card charges into bank transfers, serving Fortune 500 and midcap firms across Europe, the UK, Switzerland, and Israel.
- Company typePrivate
- Founded2012
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Billhop does
Billhop is a Stockholm-headquartered payment institution that enables enterprises to pay any supplier by credit card — even when the supplier does not accept card payments — by acting as an intermediary that charges the corporate card and settles the supplier via standard bank transfer. Founded in 2012 and operating under a Swedish Payment Institution license (Finansinspektionen FI 45531) and a UK FCA Authorised Payment Institution license (FRN 998735), the platform supports cross-border payments in 13 currencies across the EEA, UK, Switzerland, and Israel, and integrates with customer ERP and Treasury Management Systems for real-time payment processing.
The underlying technology converts card transactions into supplier bank transfers at scale via straight-through processing, with configurable multi-step approval workflows, tokenised PCI DSS-compliant payments, and SOC 2 Type II security controls. The product is sold through two complementary solution groupings — a Working Capital Solution (DPO extension, early payment discount capture, corporate tax payments, ERP integration) and a Tail Spend Solution (one-time and low-volume supplier payments without ERP onboarding) — both built on shared platform features including international payments, approval workflows, reconciliation, and flexible payment execution.
Billhop generates revenue on a pure transaction-fee basis (approximately 2.5% per transaction, with no subscription or long-term commitment), distributed through direct enterprise sales and a channel model embedded in the card programmes of 30+ financial institution partners including Eurocard, AirPlus International, and UnionPay International. The company serves over 30 Fortune 500 enterprises and a growing midcap base across energy, pharmaceutical, chemicals, and other process-heavy industries, processing approximately EUR 250 million in annual transaction volume (as of 2022). Billhop was acquired by US-based Ramp in March 2026 to serve as the European payments backbone for Ramp's international expansion.
Billhop firmographics
Firmographics- Name
- Billhop
- Legal name
- Billhop AB
- Website
- https://billhop.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Billhop is a licensed Swedish payment institution that enables enterprises to pay any supplier by credit card — even non-card-accepting ones — by converting card charges into bank transfers, serving Fortune 500 and midcap firms across Europe, the UK, Switzerland, and Israel.
- Ownership category
- akta.pro rank
Billhop industry classification
Industry- Product category
- B2B Payment Processing
- NAICS
- Activities Related to Credit Intermediation (5223), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industries
- Biller Direct EBPP Platforms (FSAMAJAA), B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)
Keywords
Where Billhop is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
Billhop business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Transaction / Take Rate Fees: Billhop charges a small service fee (percentage-based) per transaction processed. No subscription fees, no hidden charges, no long-term commitment required. Customers pay only when they make a payment through the platform.
- Working Capital / Tail Spend Solutions: Revenue is generated through the company's buyer-funded B2B Payment Service Provider (BPSP) model, where the buyer (enterprise customer) pays the card processing costs instead of the supplier. This enables Billhop to charge transaction fees while delivering cost savings and working capital benefits to buyers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Pay-per-transaction (no subscription) |
| Transaction based/ take rate | Pay-as-you-go | Early payment discount capture |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Billhop product offering
Product offeringCore offering
Billhop is a B2B payment platform that enables enterprises to pay any supplier by credit card, even when the supplier does not accept card payments. The platform acts as merchant of record, charging the corporate credit card and settling the supplier via regular bank transfer. It supports 13 currencies across the EEA, UK, Switzerland, and Israel, with straight-through processing, multi-entity administration, and ERP integration for enterprise accounts payable workflows.
Product overview
Billhop is a single, unified B2B payment platform that enables enterprises to pay any supplier by credit card — even when the supplier does not accept card payments — by acting as an intermediary that charges the corporate card and settles the supplier via bank transfer. The platform operates across the EEA, UK, Switzerland, and Israel, supporting 13 currencies. Its core capabilities are accessed through two complementary use-case groupings: the Working Capital Solution (which includes ERP integration, early payment discount capture, corporate tax payments, and credit float leverage for DPO extension) and the Tail Spend Solution (which includes event and marketing management, process efficiency tools, scalable technology, and no-ERP-required supplier payments). Both share the same underlying platform features — International Payments, Payment Approval Workflow, Easy Reconciliation, and Flexible Payment Options — delivering a cohesive, modular platform rather than discrete standalone products.
Differentiator
Problem solved
Functional benefit
Products and services
- Billhop Platform B2B card-enablement platform that enables enterprises to pay any supplier by credit card regardless of whether the supplier accepts card payments. Billhop acts as intermediary, charges the corporate card, and settles the supplier via bank transfer. Supports 13 currencies across the EEA, UK, Switzerland, and Israel with configurable approval workflows, SSO login, and ERP/TMS integration.
Quantifiable outcome
- 100%+ year-on-year transaction volume growth in 2025 with cost base reduction of over 50%
- +5 more outcomes
Companies that use Billhop
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
Billhop technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature7 records
Billhop partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- AirPlus InternationalcoreBillhop partnered with AirPlus International, a leading corporate payment solutions provider with 53,000 corporate customers. AirPlus customers can now pay any supplier — including those that do not accept credit cards — using their AirPlus credit card of choice (virtual, corporate, or office card) via Billhop's platform. The partnership enables AirPlus to expand its global leadership in travel payments into the broader B2B payments area.
- EurocardcoreBillhop AB announced a strategic partnership with Eurocard, the foremost commercial card issuer in the Nordics. Eurocard's virtual cards are fully supported and generated directly within Billhop's bill payment platform, enabling corporate clients in the Nordic region to pay any bill or invoice with Eurocard virtual cards, including suppliers who do not accept card payments.
- UnionPay InternationalcoreBillhop and UnionPay International entered an agreement enabling UnionPay cardholders across the EEA and UK to use Billhop's platform for bill and supplier invoice payments. UnionPay cards are now fully supported within Billhop's secure online bill payment platform, extending Billhop's reach to the world's largest cardholder base (UnionPay cards issued in 96+ countries, 190 million cards issued overseas).
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Billhop competitors and assessment
Company assessmentDirect peers
- Pleo: Copenhagen-based corporate card and expense management platform serving European SMBs and mid-market with virtual cards and supplier payments. Comparable buyer-funded B2B card model and pan-European focus.
- Pliant: Berlin-based B2B virtual card and credit platform enabling businesses to issue cards and pay suppliers. Directly comparable to Billhop's buyer-funded card-enablement model in Europe, with overlapping corporate target market.
- Spendesk: European spend management platform offering corporate cards, supplier payments, and AP automation to mid-market and enterprise. Comparable in addressing tail-spend and virtual-card supplier payments for European corporates.
- TreviPay: US-headquartered B2B payment and trade credit platform enabling buyers to pay suppliers via card/credit. Comparable buyer-funded BPSP model and enterprise AP focus, with overlap in tail-spend and invoice-based B2B payments.
- Melio: B2B payments platform enabling businesses to pay vendors by ACH or card. Comparable in solving the B2B supplier-payment problem via card enablement, primarily serving US SMBs and mid-market.
Broad incumbents
- Brex: US-headquartered corporate card and spend platform with growing European presence. Comparable buyer-funded card model and target Fortune-500/midcap buyer, though with broader treasury and banking products.
- Ramp: US AI-powered corporate card and spend management platform; acquired Billhop in March 2026 to enter Europe. Comparable core business (B2B card payments, AP automation) but at vastly larger US scale.
- Adyen: Global payment platform serving large enterprises with acquiring, processing, and B2B payment capabilities. Comparable enterprise customer base and multi-currency payment infrastructure, though much broader in scope.
Others
- AirPlus International: Leading European corporate travel payment solutions provider and Billhop channel partner (53K corporate customers). Comparable corporate cardholder base and B2B virtual card distribution, but focused on travel spend.
Emerging players
- Resolve: B2B payments and short-term trade credit platform enabling buyers to extend payment terms while paying suppliers on time. Comparable in extending DPO for buyers via supplier-payment infrastructure, partially overlapping in B2B BNPL dynamics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Billhop social profiles
Digital presenceBillhop compliance and trust
Trust signalCompliance2 records
Billhop financial estimates
Financial estimateRevenue estimate
Valuation estimate
Billhop leadership team
Management profileNumber of profiles
Profiles7 records
Billhop subsidiaries and ownership
Company hierarchySubsidiaries1 record
Billhop funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Billhop M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Billhop
What does Billhop do?
Billhop is a B2B payment platform that enables enterprises to pay any supplier by credit card, even when the supplier does not accept card payments. The platform acts as merchant of record, charging the corporate credit card and settling the supplier via regular bank transfer. It supports 13 currencies across the EEA, UK, Switzerland, and Israel, with straight-through processing, multi-entity administration, and ERP integration for enterprise accounts payable workflows.
Is Billhop a public or private company?
Billhop is a private company. It is classified as corporate owned and is currently acquired.
When was Billhop founded?
Billhop was founded in 2012. It employs 11 to 50 people.
Where is Billhop based?
Billhop is headquartered in Stockholm, Sweden, in the Europe region.
How does Billhop make money?
Two revenue lines are on record. Transaction / Take Rate Fees are the primary driver. The others are working Capital / Tail Spend Solutions.
Who are Billhop's main competitors?
Direct peers on record are Pleo, Pliant, Spendesk, TreviPay and Melio. Broad incumbents are Brex, Ramp and Adyen. AirPlus International is listed as an others. Resolve is listed as an emerging player.
Does Billhop have an API?
No public API is recorded for Billhop.
What industry is Billhop in?
Billhop's product category is B2B Payment Processing. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of FSAMAJAA, Biller Direct EBPP Platforms. Its NAICS code is 5223 and its SIC code is 6159.