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Bill.com Completes Acquisition of Invoice2go

Bill.com Completes Acquisition of Invoice2go

Advances platform with leading mobile-first accounts receivable solution

Expands footprint to serve international markets

Extends reach to serve sole proprietors

Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced it has completed its acquisition of Invoice2go, a leading mobile-first accounts receivable (AR) software provider.

“We are excited to join Bill.com. We have long-admired the company’s dedication to serving SMBs and helping them with their digital transformation journeys”

“We are thrilled to welcome the Invoice2go team to Bill.com,” said René Lacerte, Bill.com CEO and Founder. “Together, we can more quickly advance our accounts receivable offering and accelerate our innovation agenda for small businesses. Invoice2go has a phenomenal mobile-first solution that makes it easy for businesses to engage with their customers, develop bids, send invoices, and get paid faster.”

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“We see unique value in having strong payables and receivables solutions on one platform which enables customers to have visibility into payments coming and going, providing more control in managing their cash. With the accounts receivable expertise and international footprint that the Invoice2go team brings, we will accelerate our vision to be the one-stop solution for businesses to transform their financial operations,” concluded Mr. Lacerte.

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“We are excited to join Bill.com. We have long-admired the company’s dedication to serving SMBs and helping them with their digital transformation journeys,” said Mark Lenhard, CEO of Invoice2go. “With Bill.com’s payments expertise, large network, and strong go-to-market capabilities combined with Invoice2go’s product capabilities, we can make it even easier for businesses to get paid quickly and electronically.”

The acquisition will enhance Bill.com’s current accounts receivable offering and supports Bill.com’s mission to make it simple to connect and do business.

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