eBill: Billte Becomes a Network Partner of SIX

On 7 November 2019, SIX will introduce the network partner model for eBill into the market. Since the beginning of July, contracts for network partners have been available online for signature. The Fintech startup Billte is the first company to have concluded the respective contract.

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eBill is the leading Swiss solution for digital invoicing and paying invoices which has been integrated directly into the e-banking of over 90 Swiss banks. By implementing the network partner model, SIX opens its eBill infrastructure to all interested entities providing solutions to invoice senders. This will enable business software providers, Fintechs and financial institutions to act as network partners and support their customers in adjusting to the changing demands that accompany digital invoicing and paying invoices.

Billte AG, a Fintech startup with its registered office in Zurich, specializes in the digitalization of invoicing for companies and consumers and has recently become the first company to conclude the network partner agreement with SIX. This way Billte has placed its bet on the opportunities of eBill and will provide its customers with combined, innovative services all around invoicing.

Andrea Girasole, CEO of Billte, says: “The aim of our platform is to provide SMEs with a seamless connection to eBill.”

With its network partner model, SIX supports competition and innovation in invoicing. “Billte AG has made a decision as a dynamic startup to become part of the eBill ecosystem and drive the digitalization of invoicing forward together with SIX,” says Daniel Berger, Head Billing & Payments Ecosystem, Banking Services at SIX.

eBill is the digital invoicing solution in Switzerland. Using e-banking, individuals and SMEs can receive invoices from over 90 Swiss banks, review them and pay them straight from their account.

Invoice senders – corporates, SMEs, public and non-profit institutions take advantage of digital invoicing and provide their customers with eBill as a comfortable and simple solution to receive and pay invoices.

Network partners are providers of services for invoice senders. They upload digital invoices to the eBill infrastructure of SIX. However, network partners can also provide other services (e.g. converting a QR-bill into an eBill).

Billte is an alumni of SIX' own F10 FinTech Incubator & Accelerator and partook in the F10 "P2 Accelerator Program" in 2017.

Further information about eBill:
www.ebill.ch

Any questions?

Please do not hesitate to contact Julian Chan.

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SIX
SIX operates and develops infrastructure services in the Securities & Exchanges, Banking Services and Financial Information business units with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (127 banks). With a workforce of some 2,600 employees and a presence in 20 countries, it generated operating income in excess of CHF 1.9 billion and Group net profit of CHF 221.3 million in 2018.
www.six-group.com