Deals: AnaCap Buys Telia Talous

The latest deals news from AnaCap;

AnaCap, a market-leading partner for founders and entrepreneurial management teams across services, technology and software within the European financial ecosystem, today announces that its portfolio investment Orbyt, a leading Office of the CFO software provider for accounts receivable automation and integrated payments has acquired Telia’s Finnish activities (“Telia Talous”) dedicated to providing eInvoice services. This strategic investment further strengthens Orbyt’s position as a leader in the Finnish market.

The Orbyt platform is tailored to the needs of large enterprise invoice senders and an extensive distribution partner network. Orbyt focuses on selected key verticals that are characterised by large customer bases and recurring digital invoicing needs such as financial services, debt collection, telecom, utilities, insurers, as well as the public sector.

Orbyt helps to drive digitalisation, optimising clients’ cash flows as well as providing tangible support to its client base, enabling them to achieve ESG targets including the reduction of their carbon footprints through reducing the amount of printed papers used on a daily basis. Furthermore, Orbyt also supports customers in their preferred payment channels by providing them with a truly unique and advanced invoicing experience.

This investment and business combination represents a significant step in the company’s growth trajectory to further accelerate the journey to provide enterprises Office of the CFO digitisation solutions while also improving the customer experience for both consumer and business billing activities. By partnering with Telia Talous, Orbyt gains a wealth of expertise and resources, allowing for the development of new service offerings and an even stronger focus on its suite of technological innovation.

About alastair walker 13579 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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