01/08/2019

Fitek launches European e-invoice portal InvoiceGate.com

Fitek has launched a European e-invoice portal InvoiceGate.com, enabling small- and medium-sized enterprises to send and receive e-invoices simply and transparently. E-invoice portal is a technologically advanced platform with a modern appearance. The platform enables the user to send and receive e-invoices locally and throughout the European network PEPPOL. InvoiceGate.com launch started with localized e-invoice portal arved.ee launch in Estonia in June 2019.

Mait Sooaru, Fitek Group’s Director, said: “We make sending and receiving e-invoices simple for every business. We are starting in Estonia and then moving to other Baltic states, and then to Northern and Central Europe. Our goal is to cover most of Europe within a year and strengthen InvoiceGate.com awareness.”

The development of this innovative environment is extensive and targeted at a wide range of consumers across Europe. The project was also recognised by the European Union and received a prestige Connecting Europe Facility (CEF) grant, a key EU funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment. Fitek’s application has been the only successful project of its type.

CEF

CEF finances projects which create new connections in Europe’s energy, transport, and digital networks. Its goal is to make the European economy more environmentally friendly through different sustainable modes of transport, fast broadband connections and support for renewable energy in compliance with the Europe 2020 strategy.

Fitek Group

Fitek Group is a finance technology solutions company that operates in Estonia, Latvia, Lithuania, the UK, Slovakia, Serbia, and Bosnia and Herzegovina. Fitek Group is part of the Belgian enterprise Unified Post. Fitek Group employs 280 people and its 2018 turnover was 21.5 million euros.

Fitek Group, the leading Baltic and European fintech and e-invoice solutions provider, will participate in Europe's biggest FinTech event Money20/20 Europe – 3-5 June 2019 in Amsterdam, Netherlands. Money20/20 is where the payments, FinTech and Financial Services communities come together to connect and build the future of the financial service industry.

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Released on 21 May 2019, the Billentis Report The E-invoicing Journey 2019-2025 covers information on global trends in e-invoicing, adaptation, analysis and statistics, as well as explores emerging technologies and suggests development focus areas.

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Espoo, Finland, 8 October 2018 - Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, and Fitek Slovakia, a market trendsetter in financial automation processes in Central Europe, have entered into a partnership where Fitek Slovakia will have opportunity to offer Basware’s accounts payable automation solution to Slovakia and surrounding countries.

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