Banqup Group Sees Significant Growth in France Through Partner- Led E-Invoicing Adoption

Banqup Group, a European fintech provider, has seen significant growth in France as a result of its partner-led e-invoicing adoption strategy. The company, which operates a platform for e-invoicing, e-payment, e-reporting, and e-trust solutions, has been working closely with the Expert-Comptable Media Association (ECMA) to expand its presence in the French market.

ECMA, the digital arm of the French National Board of Chartered Accountants, has created a platform called jefacture.com, which is now being used by almost 175,000 registered business clients. Nearly 4,900 chartered accounting firms are directing their client networks onto this platform, leveraging the trust and credibility of ECMA to onboard new users.

Koen De Brabander, CEO of Banqup Group, emphasized the importance of the French market to the company's growth strategy.

Banqup Group serves as the core technology provider behind jefacture.com, a platform that has been accredited by the French authorities. This platform is designed to simplify and secure daily business operations for chartered accountants and their clients, facilitating the digital transformation of the accounting ecosystem.

The company's approach to market entry has been through a partner-led expansion model, rather than building a costly direct sales network. This strategy has allowed Banqup to scale rapidly and efficiently, reaching a significant number of users in a relatively short period. The company is now replicating this playbook across other key European growth markets that are facing mandatory e-invoicing transitions.

Banqup Group's platform is built around four interconnected pillars: e-invoicing, e-payments, e-reporting, and e-trust. These solutions are designed to revolutionize buying and selling for businesses and governments worldwide by digitalizing financial supply chain processes within a secure, tax-compliant business network.

The company's expansion in France is seen as a critical step in its broader strategy to become a leading provider of financial operating platforms in Europe. With the official launch of the national e-invoicing mandate, Banqup is well-positioned to capitalize on the growing demand for digital financial solutions in the region.