What Corpay One does

Corpay One is a Danish SaaS company that provides accounts payable automation software for Danish businesses, accounting firms, and corporate groups. The platform unifies document scanning, configurable approval workflows, domestic and international payment execution, automated bookkeeping, and employee expense management into a single workflow. Its core technology is a cloud-based AP engine that uses computer vision to capture and extract data from receipts, invoices, PDFs, emails, and screenshots, with a machine-learning layer that learns supplier-specific patterns to improve matching accuracy over time. The platform is differentiated by direct integrations into the Danish banking infrastructure (Bank Connect API, Nordea Corporate Access Lite, Danske Bank third-party mandate) and by two-way synchronization with Danish accounting and ERP systems including e-conomic (Sage Group). It is SOC 2 Type 2 and GDPR compliant and holds ISO 27001-aligned security controls.

Corpay One monetizes through fixed monthly subscription plans bundled with a maximum number of documents, plus usage-based per-document fees, up-to-1% foreign transaction handling fees when payments are routed through the customer's own bank (waived for FX-routed transactions), and a separate pay-as-you-go advisor pricing tier for accounting firms and bookkeepers. Go-to-market is hybrid: a product-led self-serve free trial for Danish SMBs with automatic progression to paid plans, paired with a sales-assisted enterprise motion for larger organizations, corporate groups, and the advisor channel. Customer logos span SMB (Original Coffee, Hangar 5, Ønsk Kaffe), mid-market (Keepers, Moonboon, Astmaallergishoppen, Flatpay, Beierholm), and enterprise (Podimo, 5R People, &Peopl), with 5,000+ Danish companies on the platform.

The company was originally founded in Denmark by Cathrine Andersen and Christian Rasmussen under the name Roger, then acquired by Corpay Inc. (S&P 500) in 2021 and rebranded as Corpay One. Today it operates as a Danish private limited company (Corpay One ApS) with 100+ employees across offices in Copenhagen and Atlanta, run by COO Bibi Blomqvist and heads of engineering, customer success, customer support, and commercial excellence and partnerships. Geographic focus remains Denmark, with international payments and an Atlanta office providing latent capability for broader Nordic or European expansion.

Name

Corpay One

Legal name

Corpay One ApS

Website

https://corpayone.dk

Company type

Private

Operating status

Operating

Short description

Corpay One is a Danish SaaS platform that automates invoice handling, approvals, payments, and bookkeeping for Danish businesses, corporate groups, and accounting firms, with deep native integrations to Danish banks and ERP systems.

Ownership category

akta.pro rank

Product category

Accounts Payable Automation

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Lockbox, Check Scanning & Paper Bill Processing (FSAMAJAK)

akta.pro secondary industries

ACH Disbursements & Bulk Payout Processing (FSAMAGAF), Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG)

Keywords

• Accounts payable automation
• Invoice processing software
• Spend management platform
• Expense management software
• Payment automation software

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Monthly Subscription Fees: Fixed monthly subscription fee based on selected plan. Includes a maximum number of documents per month. Exceeding the limit triggers additional per-document charges.
2. Per-Document Processing Fees: Additional charges applied when the maximum number of included documents is exceeded. Fee is dependent on document type and subscription plan.
3. Foreign Transaction Handling Fee: Up to 1% fee on transactions in currencies different from domestic currency when processed through customer's own bank. Waived for FX service transactions.
4. Advisor/Partner Pricing: Price-per-document model (pay-as-you-go) for advisors using the platform on behalf of client organizations. Volume-based pricing negotiated with advisor.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Corpay One is a cloud-based SaaS platform that automates the full accounts payable workflow for Danish businesses, including invoice/receipt scanning and data extraction, configurable approval workflows, automated domestic and international payment initiation through Danish banking APIs, and automatic synchronization of bookkeeping data into ERP and accounting systems. It serves as a unified creditor management solution for individual companies, multi-entity groups, and accounting firms managing client portfolios.

Product overview

Corpay One is a SaaS accounts payable automation platform that unifies invoice handling, approvals, payments, automated bookkeeping, and employee expense management into a single workflow. The platform consists of a core Corpay One Platform with integrated modules including Automatisk Fakturahåndtering (automatic invoice handling with document scanning), Workflows (approval workflows), Automatisk Betaling (automatic payments), Automatisk Bogføring (automatic bookkeeping), Internationale betalinger (international payments), Medarbejderudlæg (employee expenses), plus specialized dashboards for groups/conglomerates and an Advisor Hub for accountants/bookkeepers. The platform integrates with Danish banking systems (Bank Connect, Nordea, Danske Bank) and ERP systems for seamless data flow.

Differentiator

Problem solved

Functional benefit

Products and services

• Corpay One Platform SaaS accounts payable automation platform that unifies expense management, invoice handling, approval workflows, payment processing, automated bookkeeping, and employee expense management into a single workflow for Danish businesses.
• Internationale betalinger (International Payments) International payment capability that enables businesses to pay foreign suppliers with zero transfer fees, transparent exchange rates, and currency hedging, integrated into the same automated workflow as domestic payments.
• Advisor Hub Solution for auditors, bookkeepers, and accounting firms to automate creditor workflows for their multiple clients using a consolidated dashboard with cross-company visibility and dedicated advisor pricing.
• Dashboard til grupper og administration (Group Dashboard) Unified dashboard solution for corporate groups and holdings managing multiple companies, providing cross-company status visibility, payment and approval tracking, company switching, and consolidated action monitoring.

Quantifiable outcome

• Invoice matching rate improvement of over 83% with automated system
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Bank Connect (Danish Banking API)coreTechnology or IntegrationBank Connect is a Danish bank API solution enabling direct exchange of payment initiation requests and bank transaction data between business financial systems and financial institutions. Corpay One uses Bank Connect to initiate payments on behalf of users.
• Nordea (Corporate Access Lite)coreTechnology or IntegrationNordea's Corporate Access Lite solution enables Corpay One to access and initiate payments from customer bank accounts at Nordea, one of Denmark's largest banks.
• Danske Bank (Third Party Mandate)coreTechnology or IntegrationDanske Bank's third party mandate allows Corpay One to access and initiate payments from customer accounts at Danske Bank, enabling seamless payment processing integration.
• e-conomic (Sage Group)coreTechnology or IntegrationIntegration with e-conomic accounting software enables automatic synchronization of invoice data, payments, and bookkeeping information between Corpay One and customers' accounting systems, eliminating double data entry.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Tipalti: Global AP automation platform handling invoice processing, approval workflows, and international payments for mid-market and enterprise. Comparable in AP automation scope and international payment capabilities.
• Pleo: Danish-headquartered spend management and corporate card platform providing automated expense management, invoice handling, and approvals for SMBs and enterprises. Most directly comparable given shared Danish origin, SMB focus, and AP automation capabilities.
• Yokoy: AI-powered spend management platform offering AP automation, corporate cards, and expense management for European enterprises. Comparable in AP automation focus and European enterprise customer base.
• Medius: AP automation vendor serving mid-market and enterprise with invoice processing, approval workflows, and ERP integrations. Direct overlap in AP automation functionality and ERP integration emphasis.
• Spendesk: European spend management platform combining corporate cards, AP automation, and approval workflows. Comparable in target market (European SMB/mid-market) and core AP automation functionality.

Regional players

• e-conomic: Danish accounting software platform owned by Sage Group, with which Corpay One directly integrates. Comparable as Danish SMB accounting platform with overlapping AP-related workflows.
• Fortnox: Swedish cloud-based business platform for accounting, invoicing, and payroll. Comparable as Nordic-region accounting/business software with adjacent AP capabilities, though primarily Sweden-focused.

Broad incumbents

• Bill.com: US-listed AP automation platform serving SMBs and enterprises with invoice processing, approvals, and payments. Comparable in core AP automation functionality but operates at much larger scale with US-focused product.
• Visma: Major Nordic business software provider offering accounting, ERP, and AP automation solutions across Scandinavia. Comparable as Nordic-region business software incumbent with AP-adjacent functionality.
• SAP Concur: Global enterprise expense management and AP automation platform from SAP. Comparable in AP automation and approval workflow functionality, operating as a broad incumbent at enterprise scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/corpayone
• Facebookfacebook.com/corpayone

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Corpay One