AnaCap, a partner for founders and entrepreneurial management teams across services, technology and software within the European financial ecosystem, today announced that its portfolio investment Orbyt, a Kristiansand, Norway-based Office of the CFO software provider for accounts receivable automation and integrated payments, acquired Telia Talous, Telia’s Finnish activities dedicated to providing eInvoice services.
The amount of the deal was not disclosed.
This strategic investment further strengthens Orbyt’s position as a leader in the Finnish market. The acquisition will enable the company to offer new capabilities and improved services, enhancing the customer experience. Through the onboarding of Telia’s customers onto Orbyt’s platform, customers will access to new and innovative invoicing and payment capabilities specifically tailored to the Finnish market, as well as increased agility and pace of innovation.
Founded in 2009 as EDIGard AS and led by Rune Løbersli, Chief Executive Officer, Orbyt has become an Office of CFO software platform providing accounts receivable automation and integrated payments services throughout the Nordics thanks to its ability to operate across all countries.
AnaCap, a partner for founders and entrepreneurial management teams across services, technology and software within the European financial ecosystem, today announced that its portfolio investment Orbyt, a Kristiansand, Norway, n Office of the CFO software provider for accounts receivable automation and integrated payments, acquired Telia Talous, Telia’s Finnish activities dedicated to providing eInvoice services.
Orbyt, which has offices in Sweden, Finland, Denmark, UK, Latvia and increasing presence in Germany, employs more than 60 invoice and payment experts. Since June 2022, the company is majority owned by AnaCap.
FinSMEs
23/10/2023