Banqup provides a cloud‑based platform that digitises and automates the full financial supply chain, including electronic invoicing, payments, procure‑to‑pay, order‑to‑cash, and e‑reporting. The solution offers real‑time open‑banking connectivity, automatic tax compliance checks, and ERP integration to streamline workflows and reduce manual effort for midsize to large enterprises.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses must manage complex financial supply chain processes—including invoicing, payments, procure‑to‑pay, order‑to‑cash, and tax reporting—while complying with rapidly changing local e‑invoicing and tax regulations. Manual handling leads to errors, delayed cash flow, and regulatory risk.
Solution
Banqup (formerly Unifiedpost) offers a cloud‑based platform that digitises and automates the entire financial supply chain. The solution provides electronic invoicing, automated tax compliance checks, and end‑to‑end payment processing across B2B, B2C and B2G channels. Integrated open‑banking connectivity enables real‑time reconciliation, multi‑method payment acceptance, and automatic matching of payments to invoices. Built‑in e‑reporting tools generate compliant tax filings for regulated jurisdictions, reducing manual effort and audit risk. The platform also supports workflow customization and ERP integration, allowing companies to streamline operations while staying up‑to‑date with global tax rules.
Target Audience
Primary customers are midsize to large enterprises that need to automate invoicing, payments, procure‑to‑pay, order‑to‑cash, and tax reporting, particularly finance and accounting teams operating across multiple jurisdictions.
Features
- Electronic invoicing with automatic validation against local e‑invoicing standards and tax regulations
- Global tax compliance checker that provides up‑to‑date regulatory information per country
- Open‑banking integration supporting 350+ banks in 25 countries for real‑time payment initiation and reconciliation
- Embedded payment options (bank transfers, cards, QR codes, recurring payments) and Banqup Debit Mastercard for faster cash‑flow
- Automated e‑reporting and tax filing generation for regulated markets
- Seamless ERP and accounting system connectivity for end‑to‑end workflow automation
- Secure, PCI‑DSS, ISO‑27001 and PSD2‑compliant infrastructure ensuring data and transaction safety