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.
Products & Services of BillTech
BillTech offers a comprehensive portfolio of products and services, including Bill Gateway, Bill Presentment, and Data Extraction Services.
Payment gateway for seamless recurring bill transactions.
Service for displaying bills in banking apps.
Data extraction for bills from multiple providers.
Apps and channels of BillTech
its YouTube channel BillTech has 9 subscribers and 11 videos.
Videos from BillTech
The most watched videos on BillTech's YouTube channel, BillTech (9 subscribers). Click a video to play it here.
More on BillTech.
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 $589,106
- Total Rounds 3
- Last Round Seed β $81,106
- Investors Count 9
All 3 funding rounds of BillTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $81,106 | Seed | β | β | |
| Feb 2017 | $508,000 | Seed | $1.95M | Collector Bank | |
| Jan 2017 | – | Seed | β | Techstars | β |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2017 | $1.95M | β’β’β’β’β’β’β’β’ |
Last known valuation $1.95M (Feb 2017). 10 investors in total: 5 institutional and 5 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | fairbydesignfund.com | - | |
Private equity firm focused on multiple sector | – | innvotec.com | London, United Kingdom | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Online banking services are offered to individuals and corporates. | 1999 | collector.se | Gothenburg, Sweden | |
Insurance and financial services are distributed digitally by BGL Group. | 1992 | bglgroup.co.uk | Peterborough, United Kingdom | |
DF David Foreman | - | – | unknown_e31ea5570b414367a | - |
TG Tom Gooding | - | – | unknown_54b0c74aa8244b95b | - |
SM Stephen Morana | Angel investor, ex-Zoopla CTO, active in Indian startups | – | unknown_29f9a677733241deb | - |
BB Brendan Bradley | - | – | unknown_78689f4d40ce427b9 | - |
MM Michelle Mcatee | - | – | unknown_e3c3e6666c374cbbb | - |
Investor details for BillTech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of BillTech
5 dated milestones of BillTech across 2 years, from founding to its latest funding, stage changes and deals.
- Founded BillTech is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $81K.
- Exit Acquired by BGL Group.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wonderbill.com | 2016 | London, United Kingdom | – | 35 | Bill management platform | |
| billbuddy.co.uk | 2018 | Fareham, United Kingdom | – | 9 | AI platform is used for bill comparisons and savings management. | |
| aptap.co.uk | 2018 | London, United Kingdom | – | 6 | Bill management solutions are offered for individuals, banks, and suppliers. | |
| chored.net | 2014 | London, United Kingdom | $225,000 | – | Household Management App | |
| homebox.co.uk | 2017 | London, United Kingdom | – | 1 | Household bills are managed via an expense tracking platform. | |
| getscribepay.co.uk | 2020 | London, United Kingdom | – | – | App for tracking and controlling subscription spending and renewals. | |
| mobilerefunds.com | 2013 | United Kingdom | – | – | Provides an online platform for refunds and bill savings for individuals. |
Detailed competitors of BillTech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Billtech
Complete news archive for BillTech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to BillTech
10 companies that operate in the same segment as BillTech (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about BillTech
BillTech was founded in 2016 and raised its 1st funding round 1 year after it was founded.
BillTech is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
BillTech is a funded company, having raised a total of $589.11K across 3 funding rounds to date.
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.
BillTech's top competitors include WonderBill, BillBuddy and ApTap.
BillTech offers Bill Gateway, Bill Presentment, and Data Extraction Services.
BillTech has 10 investors. Key investors include BGL Group, Techstars, Collector Bank, Fair By Design Fund, and Innvotec.
The valuation of BillTech is $1.95M as of Feb 2017.
BillTech operates through Billtech Group Sp. Z O.O..
Yes. BillTech was acquired by BGL Group in October 2018.