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Country: France

  • RubyPayeur, part of the Atradius Collections group, specializes in receivables management.
  • It recently strengthened its global presence by acquiring the Pro Kolekt Group, enabling it to extend its activities to 40 countries
  • The company offers local debt collection expertise to customers with debtors in the region.
  • In addition to debt collection, the Pro Kolekt Group also provides credit information services in the Balkans.
  • This acquisition enables Atradius Collections to offer its customers a complete credit management solution, strengthening its credit insurance offering.
  • With a presence in 40 countries, the company provides commercial invoice collection services in 96% of the world's countries.

News

Libeo invests in Rubypayeur 07/04/2022

  • Libeo is a British fintech
  • Rubypayeur has 4,000 VSE and SME customers.
  • This is Libeo's second investment in a French fintech in less than a year.
  • Rubypayeur boasts an 84% collection rate, with an average payment time of 39 days for invoices averaging 2,500 euros.
  • Libeo previously acquired TrackPay in a deal worth "less than 1 million euros".
  • Libeo has raised 20 million euros in capital.
  • Libeo achieved 70% growth in the first quarter.
  • Libeo is about to launch in the UK.

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