About BillTech
BillTech is a company based in London (United Kingdom) founded in 2016 was acquired by BGL Group in October 2018. It operates as a API-as-a-Product, and Professional Services. BillTech has raised $589.11 thousand across 3 funding rounds from investors including BGL Group, Techstars and Collector Bank. BillTech offers products and services including Bill Gateway, Bill Presentment, and Data Extraction Services. BillTech operates in a competitive market with competitors including WonderBill, BillBuddy, ApTap, Chored and Homebox, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Billtech Group Sp. Z O.O.
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Products & Services of BillTech
BillTech offers a comprehensive portfolio of products and services, including Bill Gateway, Bill Presentment, and Data Extraction Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Payment gateway for seamless recurring bill transactions.
Service for displaying bills in banking apps.
Data extraction for bills from multiple providers.
Funding Insights of BillTech
BillTech has successfully raised a total of $589.11K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $81.11 thousand completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $81,106
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Seed - BillTech | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - BillTech | Valuation | Collector Bank | |
| Jan, 2017 | Amount | Seed - BillTech | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BillTech
BillTech has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BGL Group, Techstars and Collector Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sector
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BillTech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BillTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Billtech Comparisons
Competitors of BillTech
BillTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WonderBill, BillBuddy, ApTap, Chored and Homebox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bill management platform
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| domain | founded_year | HQ Location |
AI platform is used for bill comparisons and savings management.
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| domain | founded_year | HQ Location |
Bill management solutions are offered for individuals, banks, and suppliers.
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| domain | founded_year | HQ Location |
Household Management App
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| domain | founded_year | HQ Location |
Household bills are managed via an expense tracking platform.
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| domain | founded_year | HQ Location |
App for tracking and controlling subscription spending and renewals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Billtech
Frequently Asked Questions about BillTech
When was BillTech founded?
BillTech was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is BillTech located?
BillTech is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is BillTech a funded company?
BillTech is a funded company, having raised a total of $589.11K across 3 funding rounds to date.
What does BillTech do?
BillTech is engaged in providing innovative solutions for recurring payments, targeting banks, fintechs, and invoice issuers. Services are offered to integrate bill data directly into banking and financial applications through APIs. The company connects over 2,026 service providers with financial platforms, ensuring seamless bill presentment and payment processes. Solutions are developed to enhance user experience by automating bill retrieval, offering payment reminders, and enabling deferred payment options. Operations are secured with ISOIEC 27001 certification for information security management.
Who are the top competitors of BillTech?
BillTech's top competitors include WonderBill, BillBuddy and ApTap.
What products or services does BillTech offer?
BillTech offers Bill Gateway, Bill Presentment, and Data Extraction Services.
Who are BillTech's investors?
BillTech has 10 investors. Key investors include BGL Group, Techstars, Collector Bank, Fair By Design Fund, and Innvotec.
What is BillTech's valuation?
The valuation of BillTech is $1.95M as of Feb 2017.
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