Payt, a Groningen, The Netherlands-based supplier of an accounts receivable SaaS platform, raised €55m in funding.
Partech will make a €55m funding within the firm.
Payt will use the funds to speed up growth throughout Europe and develop its providing for its prospects, with new fee choices and upcoming roll-out of latest AI capabilities which is able to additional automate buyer communication and fee predictions.
Based in 2012 and led by Sander Kamstra, Payt is an accounts receivable SaaS platform with integrations to the vast majority of ERP and bookkeeping programs. Its software program automates the accounts receivable course of, bettering assortment time, decreasing unhealthy debt, and enhancing the debtor expertise with transparency and environment friendly communication.
The at present firm serves over 4,000 purchasers throughout the Netherlands, Belgium, UK and Germany.
FinSMEs
29/07/2024