BEE WAX

What BEE WAX does

BEE WAX is a cloud-based B2B financial management and payment settlement platform purpose-built for independent physical retailers, cooperatives, franchise networks, and federations, as well as their suppliers. The legal entity is UAB Gold lake, registered in Vilnius, Lithuania (company number 305700568), while the company identifies Colombes, France as its city. The product centralizes retailer-supplier payments via settlement accounts offering payment terms of 10/30/60/90/120/150/180 days, with statements generated every 10 days and an online complaint window of 10 days. It is integrated with QuickBooks for accounting, with the LES ENTREPRETEURS crowdlending platform for financing the extended payment terms, and with a dematerialized partner platform (PDP) to satisfy the EU's mandatory digital invoicing obligation effective 01.06.2024. Distinctive features include multi-user management, a dedicated risk manager, and — at the top tier — a dedicated account manager plus HR, accounting, tax, and legal assistance.

BEE WAX monetizes through a percentage-of-turnover subscription on the retailer side and a 1.5% (ex-VAT) supplier transaction fee on the platform side. Retailer fees are tiered: FREE at 0% of annual sales ex-VAT, STANDARD at 1.5% (adding bank accounts, POS terminals, and insurance), and FULL PACKAGE at 3.2% (adding 15 minutes/day of dedicated account management, HR, accounting preparation, data entry, declarations, balance sheet certification, and legal coverage). Suppliers benefit from a 100% unlimited guarantee and elimination of dunning, credit insurance, and debt collection overhead. The company is GDPR-compliant, operates a six-language website (English, French, Spanish, Greek, Portuguese, German), and runs a Calendly-driven demo funnel.

The go-to-market is community-led: cooperatives, franchise networks, and federations of independent retailers select their members or affiliates for the platform with no minimum requirement and no financial commitment or risk for the central system. A B2B supplier-retailer marketplace activates once a community reaches 300 members. Headcount is reported at 1–10 employees, no institutional funding or revenue is disclosed in the source data, and the only identified point of contact is Christophe Salmon. The company has no app, no public API, and no stated AI/ML capabilities.

Name

BEE WAX

Legal name

UAB Gold lake

Website

https://the-bee-wax.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

BEE WAX is a cloud-based B2B payment settlement and business management platform that gives independent physical retailers, cooperatives, franchise networks, and federations access to centralized supplier payment terms of up to 180 days, with tiered subscription pricing tied to retailer turnover and built-in EU digital invoice compliance.

Ownership category

akta.pro rank

Product category

B2B Payment Settlement and Trade Finance Software

akta.pro industry

PRIMARYBPAAAJAG

Invoice Processing & 2/3-Way Match Support

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Procurement & Purchasing Support (P2P, Vendor Admin)

SECONDARYCRAFALAJ

Invoicing, Pay-by-Link & Virtual Accounts

Consumer Products & Retail/E-commerce & Marketplaces/Digital Payment Solutions for E-commerce

SECONDARYBPAEAOAD

Vendor & Contract Management (Software/Cloud)

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/IT Asset Management & Software Licensing Services

Keywords

• B2B payment settlement
• Retailer financing platform
• Supplier trade credit
• Central settlement accounts
• Cloud financial management

Headquarters

HQ city

Colombes

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Retailer Subscription Fees: Percentage-based subscription fees charged monthly to retailers based on their annual sales excluding VAT. Three tiers: FREE (0%), STANDARD (1.5%), FULL PACKAGE (3.2%). Fees are calculated on annual turnover excluding VAT and billed monthly.
2. Supplier Transaction Fee: 1.5% deduction (VAT excl.) from supplier invoices (VAT incl.) on 10-day statements paid within 13 days. This applies provided the supplier does not grant superior conditions to customers or competitors.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

BEE WAX is a cloud-based financial management and payment settlement platform that gives independent retailers, cooperatives, franchise networks, and federations access to central settlement accounts with payment terms of 10/30/60/90/120/150/180 days for paying suppliers. The service bundles QuickBooks accounting, EU digital invoice compliance archiving on a dematerialized partner platform (PDP), grouped 10-day supplier statements, online complaint handling within 10 days, and optional add-ons (bank accounts, payment terminals, insurance, dedicated account manager, HR and legal support). The supplier side is monetized via a 1.5% transaction fee on invoices paid within 13 days, with a 100% unlimited guarantee replacing dunning and debt collection.

Product overview

BEE WAX is a cloud-based financial management and payment settlement platform for retailer communities. The core platform enables franchises, cooperatives, federations, and independent retailer networks to manage centralized payment settlements with supplier payment terms up to 180 days. The offering is structured across three pricing tiers: the FREE Package (0% of annual sales) provides central settlement accounts and QuickBooks integration; the STANDARD Package (1.5%) adds bank accounts, POS terminals, and insurance; and the FULL PACKAGE (3.2%) adds comprehensive business management with a dedicated account manager handling HR, accounting, legal support, and administrative tasks.

Differentiator

Problem solved

Functional benefit

Products and services

• BEE WAX Central Settlement and 360° Business Management Platform Cloud-based platform that gives independent retailers and their central systems (cooperatives, franchise networks, federations) central settlement accounts with 10/30/60/90/120/150/180 day supplier payment terms, grouped 10-day statements, online complaint handling within 10 days, QuickBooks accounting integration, EU digital invoice compliance archiving on a PDP, dedicated risk manager, and a B2B supplier-retailer marketplace that activates at 300+ community members. Suppliers receive accelerated payment (within 13 days) with a 100% unlimited guarantee replacing dunning and debt collection.

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core and supporting.

• QuickBookscoreTechnology or IntegrationWorld No. 1 accounting software QuickBooks is integrated into the BEE WAX platform, providing accounting functionality to retailers across all subscription tiers.
• Dematerialized Partner Platforms (PDP)supportingTechnology or IntegrationBEE WAX archives digitized and compliant invoices on dematerialized partner platforms (PDP) to ensure legal compliance with digital invoice requirements.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• September: September is a French B2B deferred-payment platform for SMBs that provides extended payment terms funded through capital partners. It is directly comparable to BEE WAX in offering payment-term financing to small businesses, with a similar asset-light funding structure and European SMB focus.
• Defacto: Defacto is a French B2B BNPL platform providing short-term financing to SMBs, including retailers. It competes in the same SMB payment-terms space as BEE WAX, with a comparable product proposition of helping businesses manage supplier payments on extended terms.
• Billie: Billie is a German B2B BNPL provider for SMBs, offering invoice financing and deferred payment to merchants. It serves a similar retailer and SMB customer base across Europe with extended payment terms, making it a close functional comparable to BEE WAX's core offering.
• Tranch: Tranch provides B2B payment-terms solutions that let SMBs pay suppliers over time. It is comparable to BEE WAX in product functionality (extended payment terms for SMBs) and target customer profile (small and growing businesses managing cash flow).

Broad incumbents

• iwoca: iwoca is a UK-based online lender providing working capital and flexible financing to SMBs. It is a broader incumbent in SMB lending, offering a wider range of products than BEE WAX but serving a comparable small-business customer base with similar cash-flow needs.
• Funding Circle: Funding Circle is a leading SMB lending marketplace connecting businesses with capital providers. It is comparable in that it routes SMB financing through a marketplace model (similar in spirit to BEE WAX's use of LES ENTREPRETEURS as a funding source) and serves a similar customer segment.
• Qonto: Qonto is a French SMB business banking platform offering accounts, payment solutions, and expense management. It is a broader incumbent in the European SMB financial-services space, providing banking, accounting, and payment functionality that overlaps with BEE WAX's STANDARD and FULL PACKAGE offerings.
• Spendesk: Spendesk is a French spend management platform for SMBs and mid-market companies, offering cards, expense tracking, and supplier payments. It is comparable in providing integrated payment and business management tooling to small businesses, though its focus is on spend rather than payment-term financing.

Emerging players

• Pennylane: Pennylane is a French fintech offering accounting and financial management for SMBs and their accountants, with a focus on automation and integrations. It is comparable to BEE WAX in addressing SMB financial workflows and integrating with the French accounting ecosystem, though its product focus differs from payment-terms.
• Indy: Indy is a French all-in-one financial management solution for freelancers and very small businesses, offering invoicing, accounting, and tax compliance. It overlaps with BEE WAX in the SMB financial-tooling space (invoicing, accounting, compliance) and shares the French SMB customer focus, making it a partial competitor in adjacent workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

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 BEE WAX