23/10/2018

Basware signs partnership agreement with Fitek Slovakia to increase presence in Central Eastern Europe

Espoo, Finland, 8 October 2018 - Basware (Nasdaq: BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, and Fitek Slovakia, a market trendsetter in financial automation processes in Central Europe, have entered into a partnership where Fitek Slovakia will have opportunity to offer Basware’s accounts payable automation solution to Slovakia and surrounding countries.

“We are excited to expand our partner base in Central Eastern Europe. Basware technology combined with Fitek deep market knowledge is a winning formula for enterprise customers of all sizes,” says Ilari Nurmi, SVP Business Development & Alliances, Basware.

The cooperation covers the Central Eastern European market for invoice processing, accounts payable automation and Basware Network Services.

“I’m delighted that Basware has recognized Fitek as a fast-growing and successful company in Central Eastern Europe. Our service portfolios complement each other and both parties understand the business and trends. I’m sure together we bring the future of e-services to CEE region,“ declares Ján Mindek, Managing Director, Fitek Slovakia.

Fitek Group, the leading Baltic and European fintech and e-invoice solutions provider, will participate in the most important event of the year for financial leaders at the Slovakia-CFO Forum. The event will be interactive in nature, bringing together unique stories, talk shows, speaker discussions, and inspirational presentations. Fitek will be participating as the event’s Gold sponsor, as well as one of the event’s speakers.

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Fitek has launched a European e-invoice portal InvoiceGate.com, enabling small- and medium-sized enterprises to send and receive e-invoices simply and transparently. E-invoice portal is a technologically advanced platform with a modern appearance. The platform enables the user to send and receive e-invoices locally and throughout the European network PEPPOL. InvoiceGate.com launch started with localized e-invoice portal arved.ee launch in Estonia in June 2019.

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Fitek Group, the leading Baltic and European fintech and e-invoice solutions provider, will participate in Europe's biggest FinTech event Money20/20 Europe – 3-5 June 2019 in Amsterdam, Netherlands. Money20/20 is where the payments, FinTech and Financial Services communities come together to connect and build the future of the financial service industry.

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