About Pagero
Pagero is a company based in Goteborg (Sweden) founded in 2000 was acquired by Thomson Reuters in January 2024. Pagero has completed 2 acquisitions, including Gosocket and Pagero. Pagero offers products and services including Pagero Network, AP Automation, and AR Automation. Pagero operates in a competitive market with competitors including Qonto, Melio, Lili, Settle and Baiwang, among others.
- Headquarter Goteborg, Sweden
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Pagero E-Business Network Private Limited
- Date of Incorporation 26 Jul, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$231.03 K (USD)306.77as on Mar 31, 2020
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Net Profit
$14.37 K (USD)384.27as on Mar 31, 2020
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EBITDA
$20.9 K (USD)397.35as on Mar 31, 2020
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Latest Funding Round
$57.26 K (USD), Grant
May 01, 2018
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Investors
Thomson Reuters
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
Gosocket
& 1 more
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Acquired by
Thomson Reuters
(Jan 15, 2024)
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Products & Services of Pagero
Pagero offers a comprehensive portfolio of products and services, including Pagero Network, AP Automation, and AR Automation.
Enables secure, automated business document exchange worldwide.
Automates accounts payable processes for efficient financial management.
Streamlines accounts receivable to enhance cash flow and compliance.
People of Pagero
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Funding Insights of Pagero
Investors in Pagero
Pagero has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Thomson Reuters, European Union and Summa Equity.
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Summa Equity is focused on thematic and impact investments.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Cloud-based legal management and data services are provided for businesses.
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Investor details for Pagero
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Pagero
Pagero has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gosocket and Pagero.
Investment portfolio details for Pagero
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electronic invoicing and management solutions are provided for SMEs.
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Pagero is recognized for providing automated business transaction solutions.
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Complete acquisition details for Pagero
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Pagero
Detailed financials for Pagero
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Pagero Comparisons
Peer comparison for Pagero
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Competitors of Pagero
Pagero 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 Qonto, Melio, Lili, Settle and Baiwang, among others.
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Subscription-based online banking is offered to SMEs and freelancers.
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Blood-based pathogen detection devices are manufactured for healthcare applications.
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Digital banking services are offered to freelancers.
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Cloud-based cash flow management is provided for payers and vendors.
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Electronic invoicing and invoice management services are provided to businesses.
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Online invoicing and payment software is provided for businesses.
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Detailed competitors of Pagero
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Pagero
Complete news archive for Pagero
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- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about Pagero
Pagero was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Pagero is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Bengt Nilsson is the current CEO of Pagero.
Annual revenue of Pagero is $231.03K as on Mar 31, 2020.
Pagero was founded in 2000 in Gothenburg, Sweden, and operates in the financial technology sector. Cloud-based platforms are offered for accounts payable and receivable, including e-ordering and e-invoicing features that function independently of ERP systems, industry types, and transaction volumes. The entire procurement order flow is managed within a unified system, while invoicing processes are handled through a centralized dashboard. Services support businesses across various geographies.
Pagero offers Pagero Network, AP Automation, and AR Automation.
Pagero has 3 investors. Key investors include Thomson Reuters, European Union, and Summa Equity.