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Press release

SaveLend Group's subsidiary Billecta sets new record with over 500,000 handled invoice transactions in March

SaveLend Group

SaveLend Group AB (“SaveLend Group”) subsidiary, Billecta AB (“Billecta” or the “Company”), has reached a significant milestone this March as the Company for the first time handled over 500,000 invoice transactions in one month on its platform. This achievement marks the continuation of Billecta's impressive growth journey and reflects its robust offering in invoicing solutions.

Since the acquisition of Billecta in 2018, SaveLend Group has been a catalyst for the Company’s development. The platform offers a complete invoice management system that automates the entire invoice flow – from the creation of invoices to the reconciliation of incoming payments and accounting, including any debt collection needed. It's a tool that streamlines and simplifies daily operations for its customers.

Billecta's growth is not only a result of its comprehensive range of services but also the company’s ability to attract and retain customers within key segments. The platform has become a trusted partner for charitable organizations, such as the Swedish cancer society and the Swedish Red Cross, as well as a number of companies across various industries like Akavia, Storage 365, Qasa, and Trippus.

“Reaching over 500,000 invoice transactions in a month is an incredible achievement for Billecta and a testament to our platform's capacity and reliability,” says Mats Röjdmark, CEO of Billecta AB. “This is the result of hard work and innovation by the Billecta team to meet our clients' needs, and we are thrilled to see that our platform continues to empower businesses and organizations across the country.”

This latest milestone is a continuation of a series of record-breaking achievements for Billecta, which quarter after quarter has surpassed itself in the number of handled invoice transactions. The success underlines Billecta's scalability and proves that the Company is ready to continue its expansion.

For further information:


Peter Balod, Acting CEO of SaveLend Group AB
Phone: +4670 412 49 93
Email: investor@savelend.se
www.savelendgroup.se

Certified Adviser
Corpura Fondkommission AB
Phone: +4676-853 28 22
Email: ca@corpura.se
www.corpura.se 

About SaveLend Group:


SaveLend Group AB, 559093–5176, is a fintech company with approximately 75 employees and offices in Sweden, Finland and Poland. The business is based on the savings platform SaveLend and the billing platform Billecta.

The savings platform makes it possible for savers to get yield through saving in credits, such as SME, real estate, consumer credit and factoring in both SEK and EUR. The billing platform consists of a complete billing system containing, among other things, accounts receivable, notification and financing solutions.

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SaveLend Group's subsidiary Billecta sets new record with over 500,000 handled invoice transactions in March

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