Billin, an invoicing software startup, has announced an investment round of €1.5 million led by Kibo Ventures and K Fund with participation from GoCardless CTO Carlos González Cadenas.

Based in Madrid, Billin develops cloud software for small businesses to manage their invoicing through free and premium tiers; currently 10,000 companies and professionals are using the software with €100 million worth of invoices processed.

The new funds will be used to internationalise its offering. It plans to expand across Europe and enter Latin America by 2018.

Comments are closed.