Payt has secured a €55 million minority investment from Partech to accelerate its expansion across Europe, leveraging the investor's expertise to enhance its SaaS offerings in the accounts receivable space.

Information on the Target

Payt, founded in 2012 and headquartered in the Netherlands, is a prominent accounts receivable Software as a Service (SaaS) platform. With over a decade of experience in the industry, Payt has established itself as the leading provider of accounts receivable solutions, serving more than 13,000 users across various sectors. The platform is highly configurable and integrates seamlessly with a wide range of Enterprise Resource Planning (ERP) and bookkeeping systems, thereby positioning itself to capture a compelling international market fit.

The company has successfully expanded its operations into Belgium, Germany, and the United Kingdom, further solidifying its status as a national champion in accounts receivable solutions. Payt has evolved its offerings to include powerful automation tools that enhance collection efficiency, reduce bad debt, and improve customer interactions through increased transparency and effective communication.

Industry Overview in the Target’s Specific Country

The accounts receivable management industry in the Netherlands has witnessed significant evolution in recent years, driven by technological advancements and growing demand for automation in financial processes. As busin