Visma has acquired InvoiceXpress, a Lisbon-based software company specialising in electronic invoicing solutions for small businesses.
In addition to its core invoicing offering, the cloud-based platform also offers tax management and VAT-reporting.
“We are delighted to welcome InvoiceXpress to the Visma family. Together, we will continue to deliver the digital tools that businesses need to work smarter and more efficiently”, says Alicia Halaas, Business Area Director for the Small Business segment in Visma.
For Visma, Europe’s leading provider of mission-critical software, the transaction will further expand the Group’s presence in Portugal following its 2023 acquisition of e-invoicing provider Moloni.
“With Visma’s vast experience from automating key business processes like accounting, payroll and invoicing, our ambition is to be a trusted provider of high-quality and user-friendly software that helps both businesses and people reap the many benefits of digitalisation”, says Halaas.
Business as usual
InvoiceXpress was founded by Rui Pedro Alves in 2009, and currently serves 12,000 customers across segments ranging from small businesses and freelancers to e-commerce.
The platform integrates with leading e-commerce marketplaces like Shopify and WooCommerce, and is also compatible with major Portuguese payment gateways.
"This is a moment of celebration for all of us. Joining Visma, one of Europe’s leading software companies, will open up a wide range of unparalleled opportunities and resources. It will also enable us to further enhance the quality and performance of InvoiceXpress, ensuring our customers an exceptional experience”, says Rui Pedro Alves, CEO of InvoiceXpress.
Following the acquisition by Visma, InvoiceXpress will continue to operate under the same brand and management in the Portuguese market.
Iberian growth continues
In Portugal, Visma is already present through Moloni and HR software provider Nmbrs, which has a development hub with 35 employees in Lisbon. Visma also opened a new technology center in Porto in April 2022, with the aim of reaching 200 employees by 2025.
“Visma Tech Portugal” now serves as one of Visma’s main competence hubs, focusing on advancing development in security, AI, and product design using a wide range of technologies.
In neighbouring Spain, the Group has acquired four providers of SaaS-solutions for accounting, tax and time management since 2021, in Holded, Declarando, Woffu and Quaderno.
Following the acquisition of InvoiceXpress, Visma still has strong growth ambitions in the Iberian business software market.
For more information, please contact:
Lage Bøhren, Director of Communications at Visma, +47 921 57 801
Rui Pedro Alves, CEO InvoiceXpress, +351 936 888 920
Miguel Garcia Paredes, Visma M&A Manager Iberia, +34 685 154 803
About Visma
Visma is a leading provider of mission-critical cloud software, with revenue of € 2.4 billion in 2023, 15,000 employees and 1.7 million customers across Europe and Latin America. By simplifying and automating the work of businesses and organisations of all sizes, we enable a more efficient and prosperous society. Visit us at visma.com.
About InvoiceXpress
Founded by Rui Pedro Alves in 2009, InvoiceXpress delivers electronic invoicing solutions to 12,000 customers. In addition to its core invoicing offering, the cloud-based platform also offers tax management and VAT-reporting. Based in Lisbon, Portugal. Learn more at invoicexpress.com
