Leading Belgian Fintech company Unifiedpost raises €25 million

This financing round of automatically convertible bonds (ACB) brings the total amount of venture capital raised, since the end of 2014, to €43 million. This includes previous investments from prominent players such as PE Group and SmartFin Capital.The Dutch merchant bank Kempen & Co acted as financial advisor to Unifiedpost in connection with the private placement.

Unifiedpost will use the money from the ACB for international expansion and product development, such as strategic takeovers geared to accelerated market access and integrated payments. It will also develop additional administrative and financial services offerings for corporate companies and SMEs.

For instance, the company recently launched, together with the Instituut van Accountants en Belastingconsulenten (IAB) [Institute of Accountants and Tax Consultants], BilltoBox.be, a cloud solution for sharing financial and accounting documents between accountants and their customers. Other community solutions geared to the agricultural (The Netherlands), temporary employment and insurance sectors have also been brought to the market, or are about to be launched.