As the holidays are closing in we are happy to announce some more exiting news - Kravia is acquiring Swedish fintech Billecta AB, in a transaction valuing the company at close to SEK 150m. A strong strategic move that significantly strengthens Kravia’s position in Sweden and takes an important step toward building a truly Nordic, end-to-end order-to-cash platform.
“Billecta is a very strong strategic fit for Kravia – commercially, culturally and technologically. The company has built a strong position in Sweden with profitable growth, and complements our existing strengths within payment follow-up and integrations with financial and business systems,” says Svein Ove Kvalsund, Group CEO of Kravia.
Huge congrats to the Kravia and Billecta teams. This is a milestone moment – and a great example of long-term, Nordic fintech building in action 👏
Henrik Lie-Nielsen Geir Nordrik Johan Sköld Roger Jorgensen Henna Raknes Stian Pedersen Vilde Martine Gjethammer Johnny Rindahl Gustav Friberg Verdane