Billwerk+

What Billwerk+ does

Billwerk+, now operating under the unified Frisbii brand, is a European subscription management and recurring billing platform headquartered in Frankfurt, Germany, with operational offices in Denmark and France. The company provides an end-to-end stack combining subscription plan management, an integrated payment gateway supporting 50+ payment methods and 140+ currencies, a native Frisbii App for Salesforce, Revenue Insights analytics with predictive models for retention, pricing, and acquisition, ZUGFeRD-compliant e-invoicing, and a Bookkeeping App for accounting exports. The platform is built to address European-specific regulatory and localization requirements, including GDPR, PCI DSS, SOC 2 Type 2, 3D Secure 2.3, DATEV, and GoBD, and is delivered in 17 languages.

The company targets mid-market and enterprise B2B customers across SaaS/tech, media and entertainment, and retail/eCommerce verticals, with a visibly strong penetration among German-language publishers (BILD, Der Spiegel, FAZ, Axel Springer, Ebner Media, Playboy Germany, DMAX) alongside fashion (Boozt, Trendhim), automotive (Ejner Hessel), beauty retail (matas), and EV charging (Base2Charge, Ewe Go) accounts. Go-to-market combines a product-led self-serve entry tier with sales-assisted enterprise motion, supported by 30+ native integrations (Salesforce, HubSpot, Shopify, Magento, WooCommerce, Shopware, DATEV, Lexware, Xero, Visma, Make.com) and a partner/reseller directory.

Billwerk+ was formed through the 2021 merger of billwerk and Reepay under majority owner PSG (Private Securities Group), followed by acquisitions of Sofacto (Jan 2022) and plenigo (Jul 2023), with all entities consolidated under the Frisbii brand in November 2024. Revenue is generated through tiered SaaS subscriptions (Starter, Growth, Enterprise) plus per-transaction payment processing fees on the integrated gateway. The platform holds leadership recognition from OMR Reviews (Q3/25) and consistent 4.6/5 ratings across Capterra, Software Advice, and GetApp.

Name

Billwerk+

Website

https://billwerk.plus

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Frisbii (formerly Billwerk+) is a European subscription management and recurring billing platform with an integrated payment gateway, targeting mid-market and enterprise B2B customers across SaaS, media/publishing, and retail/eCommerce in the Nordic and DACH regions.

Ownership category

akta.pro rank

Product category

Subscription Billing & Recurring Revenue Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Finance Services (6199)

akta.pro primary industry

Recurring Billing & Subscription Payments Enablement (FSAMACAF)

akta.pro secondary industry

Bill Management & Subscription Management (FSAGADAG)

Keywords

• Recurring billing software
• Subscription management platform
• Payment gateway services
• Subscription billing automation
• Revenue management software

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Subscription Management Platform: SaaS subscription management and recurring billing platform providing subscription plan creation, billing automation, and payment processing for B2B customers. Revenue generated through subscription tiers based on features and seat count.
2. Payment Processing: Integrated payment gateway with transaction processing for recurring and one-time payments. Revenue includes transaction fees and payment method surcharges.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Billwerk+ (now Frisbii) provides a SaaS subscription management, recurring billing, and payment processing platform for European B2B customers. The platform enables businesses to create and manage subscription plans, automate billing and dunning, process payments through an integrated gateway supporting 50+ payment methods, generate compliant e-invoices, and access revenue analytics with predictive insights.

Product overview

Billwerk+ operates as a unified recurring billing platform (now rebranded to Frisbii) combining multiple modules: Subscription Management for creating and managing subscription plans and pricing models; Payment Gateway supporting 50+ payment methods including cards, mobile payments, and BNPL; App for Salesforce for CRM-centralized billing automation; Revenue Insights with predictive analytics for retention, pricing, and acquisition; and E-invoicing for ZUGFeRD compliance. The platform also includes a Bookkeeping App for accounting exports. The company has expanded through acquisitions of Reepay (2021), plenigo (2023), and Sofacto, all now integrated under the Frisbii brand.

Differentiator

Problem solved

Functional benefit

Products and services

• Frisbii (Subscription Management & Recurring Billing Platform) End-to-end recurring billing and subscription management platform (rebranded from Billwerk+) combining subscription plan management, payment gateway, Salesforce integration, revenue analytics, and e-invoicing for European B2B customers in SaaS, media, and retail/eCommerce.
• Subscription Management Module for creating and managing subscription plans, pricing models (flat rate, freemium, tiered, per-seat, volume), trials, add-ons, discounts, and full customer lifecycle actions including upgrade, downgrade, cancel, pause, and expire.
• Payment Gateway Integrated payment processing module supporting 50+ one-time and recurring payment methods including cards, mobile payments (Apple Pay, Google Pay), BNPL options (Klarna, PayPal, ClearPay), bank redirects, and SEPA, with intelligent retries, acquirer failover, and transaction routing.
• App for Salesforce Salesforce-native app that centralizes sales and payment processes, enabling automated billing, subscription management, dunning, and cash collection directly within the Salesforce CRM.
• Revenue Insights Analytics and intelligence module providing detailed insights into revenue, subscription, and payment data with predictive analytics for retention, pricing, and acquisition, including dashboards for performance, payments, revenue, subscriptions, billing, customer health, and receivables.
• E-invoicing Electronic invoicing module supporting ZUGFeRD format for compliance with German and French tax authorities, custom tax rules, reverse charge compliance, and e-invoice archiving for regulatory retention.
• Bookkeeping App Accounting export module enabling financial data transfer via Google Drive, OneDrive, and SFTP to external accounting systems.
• plenigo German subscription management software offering acquired by Billwerk+ in July 2023, serving nearly 70 publishing and media customers and now integrated into the Frisbii platform.

Quantifiable outcome

• 50% reduction in manual billing work
• +2 more outcomes

Named customers23 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration32 records

AI capability6 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• plenigocoreStrategic or Co-development Partner · 4 July 2023plenigo is a German subscription management software provider that was acquired by Billwerk+ in 2023. The acquisition strengthened Billwerk+'s presence in the publishing and media sector across Europe, adding nearly 70 customers including major German media companies.
• ReepaycoreStrategic or Co-development Partner · 8 November 2021Reepay merged with billwerk in November 2021 to create a scalable subscription management and payment software company. The merger complemented each company's existing offerings and strengthened presence in Nordic and DACH regions.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Adyen: Global payments platform serving enterprise merchants with unified online, point-of-sale and recurring payments. Competes with Frisbii at the payment-gateway layer for large European merchants.
• Stripe: Global payments incumbent that has expanded into subscription billing (Stripe Billing), invoicing, and tax. Competes with Frisbii on payment processing and increasingly on the subscription management layer, particularly for European SMB and mid-market customers.

Direct peers

• Zuora: Enterprise subscription economy platform with deep billing, revenue recognition and analytics capabilities. Comparable to Frisbii's Revenue Insights and e-invoicing modules at the high end of the market.
• Recurly: Subscription management and recurring billing platform serving mid-market and enterprise digital businesses. Directly competes on subscription lifecycle, dunning, and payment method coverage.
• Maxio: SaaS-focused subscription billing and SaaS metrics platform (formed from Chargify + SaaSOptics). Direct competitor for SaaS and tech customers, especially in North America but increasingly in Europe.
• Chargebee: Pure-play subscription billing and recurring revenue management platform. Closest direct competitor to Frisbii, targeting SaaS and subscription businesses globally with comparable feature breadth (plans, dunning, analytics).
• Paddle: Merchant-of-record subscription billing platform handling tax, compliance, and payments globally. Competes with Frisbii's integrated payments and tax/compliance positioning for SaaS sellers selling into Europe.

Regional players

• Visma: Nordic software conglomerate offering accounting, ERP and e-commerce add-ons including e-conomic and Dinero, with which Frisbii integrates. Adjacent competitor in the Nordic SMB finance/billing stack.
• Mollie: European payment service provider offering payments and lightweight subscription tools. Overlaps with Frisbii's payment gateway and SMB-tier subscription offerings across Benelux and DACH.

Emerging players

• Centra: Subscription and e-commerce platform for fashion and lifestyle brands, overlapping with Frisbii's Retail & eCommerce segment. Comparable on subscription commerce for DACH/Nordic DTC brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@Frisbii-Video

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Billwerk+