What Billit does

Billit NV is a Belgian cloud-based e-invoicing and financial administration platform founded in 2014 and headquartered in Ghent, Belgium. The company operates as an official Peppol Service Provider (Access Point), enabling businesses and accountants to create, send, and receive electronic invoices through the European Peppol network in compliance with EU mandatory e-invoicing regulations. The platform combines invoice creation, expense management, automated invoice processing, and bank transaction reconciliation into a unified SaaS product suite delivered via web and mobile (iOS/Android) applications, supported by an in-person Helpcenter in Sint-Niklaas and local-language phone support across Belgium, Netherlands, and Germany.

Billit's underlying technology integrates directly with banks (KBC, ING) and payment infrastructure (Stripe), processes 7 million+ invoices per month and 87 million bank transactions, and connects to 180+ third-party platforms including accounting packages, CRMs, and ERP systems. The product is modular — with revenue management, expense management, and AI-assisted automatic processing modules — and exposes an API for software providers and ERP vendors to embed Billit capabilities. Security and compliance certifications include Peppol Access Point, GDPR, and ISO 27001.

Billit serves a horizontal customer base spanning self-employed individuals and freelancers, SMEs, large enterprises, public institutions, accountants, software/ERP providers, and banks. The company uses a product-led growth motion with self-serve signup starting at €7.50/month, complemented by a direct enterprise sales team for large customers and integration marketplaces for partner-driven distribution. Revenue is generated through monthly subscriptions plus usage-based fees per invoice processed. The company has 314,107 registered users and operates offices in Ghent (HQ), Brussels, Sint-Niklaas, Louvain-la-Neuve, Hamburg, and New York. No external funding rounds are disclosed; Billit NV remains privately held by its founders, with a US subsidiary (Billit Inc.) registered in New York.

Name

Billit

Legal name

Billit NV

Website

https://billit.eu

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Billit NV is a Belgian cloud-based e-invoicing platform and certified Peppol Access Point, serving over 314,000 businesses, freelancers, accountants, and public institutions across Belgium, the Netherlands, Germany, and the US with automated invoicing, bank reconciliation, and 180+ third-party integrations.

Ownership category

akta.pro rank

Product category

E-invoicing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)

akta.pro secondary industries

A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL), Payment Posting, Reconciliation & Cash Application for Bills (FSAMAJAL)

Keywords

• Electronic invoicing software
• Peppol access point
• Invoice automation
• Financial administration
• Bank reconciliation

Headquarters

HQ city

Gent

HQ country

Belgium

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription and Usage Fees: Monthly subscription model with usage-based components. Users pay a base fee plus per-transaction charges for invoice processing.
2. Transaction-based Processing: Revenue generated per invoice processed through the platform, with volume-based tiers

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Billit provides a cloud-based e-invoicing and financial administration platform that enables businesses and accountants to create, send, and receive invoices via the Peppol network and email with QR codes and payment links. The platform includes integrated Peppol Access Point services for cross-border e-invoicing compliance, AI-powered automatic invoice and receipt processing, bank transaction matching, and 100+ integrations with accounting, CRM, and payment platforms.

Product overview

Billit is a unified cloud-based e-invoicing and financial administration platform for Belgian and European businesses. The core offering consists of the Billit Platform with integrated Peppol Access Point functionality, enabling mandatory e-invoicing compliance across the EU. The platform is delivered as a modular SaaS solution with revenue management, expense management, and automatic processing modules. Additional offerings include the Billit Mobile App for on-the-go invoice management, the Helpcenter for in-person support, and API access for developers and software integrators. With 100+ native integrations, the platform connects to accounting packages, CRM systems, and banking providers.

Differentiator

Problem solved

Functional benefit

Products and services

• Billit Platform A cloud-based e-invoicing and financial administration platform that enables businesses to create, send, and receive invoices via the Peppol network and email with QR codes and payment links. Includes revenue management, expense management, automatic processing, and 100+ native integrations with accounting, CRM, and payment platforms.
• Peppol Access Point Official Peppol-compliant access point enabling businesses to send and receive e-invoices through the European Peppol network, compliant with mandatory e-invoicing regulations. As a certified Peppol Service Provider, Billit enables standardized cross-border electronic invoice exchange.
• Billit App Mobile application for iOS and Android that enables users to create invoices, scan receipts, and manage financial administration on the go. Available on the Apple App Store and Google Play Store.
• Billit API for Developers Public API for developers and software providers that enables sending and receiving invoices via the Peppol network, accessing billing data, and integrating accounting workflows. Available for software developers and ERP service providers who need to embed e-invoicing capabilities.

Quantifiable outcome

• Processes 7 million+ invoices per month across the platform
• +1 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• KBCcoreTechnology or IntegrationIntegration partnership providing bank connectivity for transaction matching and reconciliation services.
• INGcoreTechnology or IntegrationBank integration partnership enabling direct transaction data exchange and automated reconciliation.
• StripecoreTechnology or IntegrationPayment processing integration for seamless invoice payment and reconciliation.
• Peppol NetworkcoreTechnology or IntegrationCertified Peppol Access Point provider enabling standardized cross-border electronic invoice exchange across the Peppol network.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Tipalti: Tipalti provides AP automation, global payments, and supplier management for mid-market and enterprise. It competes with Billit in the invoice processing and payables automation category, particularly for cross-border business workflows.
• Cegid: Cegid is a French cloud business management software provider offering accounting, payroll, and e-invoicing solutions. It competes with Billit in the French and Benelux SMB and mid-market segments with comparable e-invoicing and Peppol capabilities.
• Basware: Basware is a leading provider of AP automation, e-invoicing, and procurement solutions, serving mid-market and enterprise customers globally. It is a direct competitor in the e-invoicing and bill automation space with comparable Peppol network integration capabilities.
• Yooz: Yooz is a cloud-based AP automation and e-invoicing platform targeting SMBs and mid-market in Europe and North America. It directly competes with Billit in automated invoice processing and bank reconciliation workflows.

Broad incumbents

• Xero: Xero is a global cloud accounting platform serving SMBs with invoicing, bank reconciliation, and extensive app marketplace integrations. It competes with Billit on invoicing and bank feeds, though focused on broader accounting workflows.
• Bill.com: Bill.com is a leading US-based AP/AR automation platform for SMBs and mid-market. It competes with Billit in the invoicing and bill payment category, though Bill.com focuses on the US market where Billit is just beginning to expand.
• Sage: Sage is a broad incumbent providing accounting, ERP, payroll, and financial management software to SMBs globally. It competes with Billit as invoicing is embedded in its broader accounting suite, particularly for European SMB customers.

Emerging players

• Stampli: Stampli is an AI-driven AP automation platform focused on invoice processing, approval workflows, and ERP integration. It represents an emerging competitor with similar AI-augmented invoice automation positioning as Billit.
• Odoo: Odoo is an open-source ERP suite with invoicing, accounting, and business management modules. It competes with Billit in the European SMB market with comparable invoicing functionality and broader suite appeal.
• Zoho Invoice: Zoho Invoice is part of the Zoho suite offering invoicing, expense tracking, and payment collection for SMBs. It overlaps with Billit's invoicing core offering and broader Zoho ecosystem competes for similar European SMB segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/billit.be
• LinkedInlinkedin.com/company/billit
• Instagraminstagram.com/billitbenl

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Billit