January 5, 2021

Fitek Group is rebranding to Unifiedpost Group 


Fitek - the leader in financial automation processes, known for developing and operating e-invoice sending and receiving solutions, is rebranding  to Unifiedpost Group as of January 2021. 

Unifiedpost Group (UPG) develops cloud-based services focusing on its customers’ administrative and financial processes by delivering simple and smart digital solutions. It is a major industry player, having local presence in 15 European countries. The company has a clear growth strategy and therefore went public in September 2020 on the Euronext stock exchange in Brussels. 

Fitek Group is the market leader in invoice solutions in the region of the Baltic states, Central and Eastern Europe. Fitek became part of Unifiedpost Group in April 2019, when it merged with the Belgium headquartered company. 

“Joining forces with Unifiedpost Group allows us to expand our product offering and introduce various new solutions to manage and administrate our customer’s financial processes,” says Mait Sooaru, CEO of Fitek Group. “The integration will be completed by rebranding the company to Unifiedpost Group effective from January 2021. Operating under one name allows us to gain more credibility and brand recognition on a global level. It allows us to bring our services to much wider market and to bring completely new services from Unifiedpost Group to Baltic and CEE markets“ 

Unifiedpost Group has nearly tripled its revenue between 2017 and 2019, to EUR 69 million.
In 2019, Unifiedpost Group processed more than 350 million documents, and reached more than 400,000 SME’s and over 250 corporate clients.  With its sustainable business model and remaining an independent, public company, the company continues its growth trend.
The company’s growth is fostered by a thriving fintech market and a growing demand for digitalisation especially at small and medium business sector as well as the introduction of standardised electronic invoices at both national and pan-European levels.


For additional information contact:
Mait Sooaru, mait.sooaru@unifiedpost.com


About Unifiedpost Group

Unifiedpost Group wants to become the leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time and seamless connections between Unifiedpost’s customers, their suppliers, their customers and other parties along the financial value chain. With its one-stop-shop solutions, Unifiedpost Group’s mission is to make administrative and financial processes simple and smart for its customers. Since its founding in 2001, Unifiedpost Group has grown significantly, expanding to offices in 15 countries throughout Europe, with more than 350 million documents processed in 2019, reaching over 400,000 SMEs and more than 250 Corporates across its platform today.

Important facts and figures:
  • Established in 2001, with a proven track record
  • 750+ employees across Europe 350+ million documents processed in 2019
  • Diverse portfolio of clients in various industries (banking, leasing, utilities, media, telecommunications, travel, social security service providers, public organisations, etc.) ranging from large international companies to SMEs
  • Unifiedpost Payments, a fully owned subsidiary, is recognised as a payment institution by the National Bank of Belgium
  • Certified Swift partner 
  • International M&A track record
  • Listed on the regulated market of Euronext Brussels, symbol: UPG