The eID Company

What The eID Company does

The eID Company's primary source data describes Unifiedpost Group, a Belgian-headquartered fintech publicly listed on Euronext Brussels under the ticker UNIFIED, operating from Avenue Reine Astrid 92A, 1310 La Hulpe, Belgium. The firm runs the Banqup cloud-based platform for digital financial supply chain automation, organised around five core service lines: E-invoicing, Payments, Procure-to-pay, Order-to-cash, and E-reporting, supplemented by a Global Compliance Checker covering 60+ countries and the Compliance Pulse podcast. Notable technical components include multi-jurisdiction tax compliance validation, automated workflow orchestration across B2G/B2B/B2C channels, and integrations with government e-invoicing platforms, ERP systems, and financial institutions.

The company monetises through annual SaaS subscriptions with tiered pricing for Enterprise, Mid-Market and SMB customers, alongside transaction-based processing fees tied to invoice or transaction volume. Pricing is quote-based rather than publicly disclosed, and contracts scale with business size and transaction throughput. The GTM combines dedicated enterprise field sales, a self-serve SMB funnel via banqup.com, and a three-tier partner ecosystem (Accountants, Financial Institutions, Technology Partners) that resells and implements the platform. Customers include named enterprise logos across industrial (Linde), banking (Belfius), professional services (Grant Thornton), automotive (ALD Automotive), retail (Gymbeam), and healthcare (Jazz Pesulad), with accounting firms and banks additionally served as channel partners.

A notable inconsistency in the input data: firmographic fields identify the subject as "The eID Company," a private consulting and engineering firm with 1-10 employees founded in 2007 and the URL www.eidcompany.be, which does not align with the substantive source material describing a publicly listed, multi-jurisdiction SaaS operator. The analysis above is grounded in the substantive product, customer, and operational data provided.

Name

The eID Company

Legal name

Unifiedpost Group

Website

https://eidcompany.be

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Unifiedpost Group is a Belgian fintech (Euronext Brussels: UNIFIED) operating the Banqup cloud platform for e-invoicing, payments, procure-to-pay, order-to-cash, and tax compliance across 60+ countries, serving enterprises, SMBs, accountants, and financial institutions.

Ownership category

akta.pro rank

Headquarters

HQ city

La Hulpe

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. SaaS Platform Subscription: Annual or multi-year subscriptions for access to the Banqup platform including e-invoicing, payments, procure-to-pay, order-to-cash, and e-reporting modules.
2. Transaction-based Processing: Fees collected based on invoice volume or transaction count processed through the platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

The eID Company is a Belgian consulting and engineering firm specialising in electronic identification and digital identity solutions. It delivers advisory and engineering services that help organisations implement, integrate, and comply with electronic invoicing, payment automation, procure-to-pay, order-to-cash, and tax e-reporting requirements across multiple jurisdictions.

Product overview

The eID Company (Unifiedpost Group operating as Banqup) offers a unified digital financial supply chain platform. The portfolio is organized under the Banqup brand and includes core services: E-invoicing (for digitalising invoice workflows and tax compliance), Payments (smart payment solutions for timely pay/get-paid), Procure-to-pay (automated invoice management), Order-to-cash (document and data exchange across B2G, B2B, B2C channels), and E-reporting (centralized tax reporting in regulated countries). Additional offerings include a Global Tax Compliance service with a compliance checker tool covering 60+ countries, a Compliance Pulse podcast for regulatory updates, and a Technology Partner Program. The platform serves businesses seeking to streamline financial supply chain processes and achieve full business digitalisation.

Differentiator

Problem solved

Functional benefit

Products and services

• E-invoicing service Digitalises invoicing processes and supports transition to electronic invoicing while ensuring compliance with local tax regulations. Targeted at businesses needing automated, compliant invoice issuance and receipt.
• Payments service Smart business payment solutions that automate payment processes, enabling businesses to pay and get paid on time. Designed for businesses seeking streamlined receivables and payables workflows.
• Procure-to-pay service Automated procure-to-pay processes for seamless invoice management and efficient accounts receivable tasks. Intended for organisations seeking end-to-end procurement workflow automation.
• Order-to-cash service Digitalises order-to-cash processes, enabling seamless document and data exchange via B2G, B2B, and B2C channels. Used by businesses managing receivables across multiple commerce channels.
• E-reporting service Automates tax reporting in regulated countries using a centralised platform. Aimed at businesses operating in jurisdictions with continuous transaction control requirements.
• Global Tax Compliance service Global tax compliance services that help businesses navigate e-invoicing regulations across 60+ countries worldwide. Targeted at multi-jurisdictional businesses needing regulatory advisory and compliance tooling.
• eID consulting and engineering services Bespoke consulting and engineering engagements covering electronic identification, digital identity implementation, and integration with regulatory platforms. Targeted at Belgian and EU businesses needing specialised eID expertise.

Named customers6 records

Segments5 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• AccountantscoreChannel Partner/ Reseller/ DistributorUnifiedpost Group partners with accounting firms to provide them with real-time access to their customers' financial documents and data. Accountants can offer enhanced advisory services to clients using the Banqup platform's digital financial supply chain capabilities.
• Financial InstitutionscoreChannel Partner/ Reseller/ DistributorBanks and financial institutions partner with Unifiedpost Group to extend their core banking services with Banqup's electronic invoicing and digital financial supply chain solutions, enabling corporate clients to automate financial workflows through their existing banking relationships.
• Technology PartnerscoreTechnology or IntegrationTechnology partners collaborate with Banqup's platform to ensure interoperability and meet future technological needs of customers. Partners can integrate their solutions with the Banqup ecosystem to provide comprehensive digital transformation services.
• Banqup GroupcoreOthersUnifiedpost Group operates as a member of the Banqup group. The company has rebranded its consumer-facing services under the Banqup brand while maintaining the Unifiedpost Group name for the corporate entity.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Atos: Atos is a large IT services firm with longstanding eID and e-government consulting and integration practices across Europe. Comparable as an engineering consultancy touching identity technology implementations at scale.
• IDEMIA: IDEMIA is a global leader in identity, biometric, and eID programs for governments and enterprises. Comparable as a large-scale identity systems vendor where The eID Company could plausibly operate as a downstream consulting/integrator or niche specialist.
• Thales Digital Identity & Security: Thales is a major player in national eID card programs, secure documents, and digital identity platforms across multiple continents. The eID Company's likely focus on Belgian/EU electronic identity consulting overlaps with Thales' integrator ecosystem, though Thales operates at vastly larger scale across hardware, software, and services.
• Capgemini Engineering: Capgemini provides digital identity, eID, and public sector engineering services across Europe with a large consulting bench. Comparable as a large-scale consultancy that competes for the same RFPs The eID Company could pursue.

Regional players

• Signicat: Signicat is a Norway-based digital identity and electronic signature service provider focused on the Nordics and broader Europe. Comparable as a regional eID/MFA provider competing for similar enterprise/government engagements.

Direct peers

• Zetes: Zetes is a Belgian-headquartered specialist in identification, mobility, and supply chain identity solutions with deep eID experience. Strong direct regional peer for The eID Company given shared Belgian roots and identity solutions focus.
• IN Group (Ariadnext): Ariadnext (part of IN Group) is a European digital identity verification and eID services provider with strong Belgian and French footprint. Direct regional peer overlapping on identity verification and trusted electronic identity services.
• GlobalSign: GlobalSign is a PKI and digital certificate authority specializing in identity, e-signatures, and IoT security. Comparable as a niche specialist in digital identity infrastructure where consultants/integrators play an important role.

Emerging players

• Cryptomathic: Cryptomathic is a Denmark-based specialist in PKI, eID, and digital signature solutions, often working with integrators. Comparable as a niche European eID technology vendor with integrator-friendly approach.

Others

• Unifiedpost Group (Banqup): Unifiedpost Group/Banqup is the Belgian fintech platform whose detailed product/customer/marketing content dominates the provided data dump. Listed because the data signals may indicate The eID Company serves as a consulting/implementation partner; classified 'OTHERS' given uncertain structural relationship.

Market position

Strengths2 records

Weaknesses3 records

Competitive moat5 records

Key risks4 records

Key highlights3 records

Customer concentration

• YouTubeyoutube.com/@unifiedpostgroup
• Facebookfacebook.com/Unifiedpost
• LinkedInlinkedin.com/company/unifiedpost

Revenue estimate

Valuation estimate

Number of profiles

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 The eID Company