Estonian fintech Fitek opens UK office

Thursday 6 December 2018 00:36 CET | News

Estonia-based e-invoicing finTech Fitek has expanded to the UK market, and will invest around GBP 600,000 over the next six months.

Fitek has doubled in size over the last three years, with operation in the Baltic states, Slovakia, Serbia and Bosnia and Herzegovina. With its new location in the UK, Fitek will have 270 employees in seven countries, exporting products to 20 nations. Fitek has selected Leeds for the location of its UK office.

As a member the Pan-European Public Procurement On-Line (PEPPOL) organisation, which supports and facilitates e-invoices throughout Europe, Fitek is looking to offer more solutions to state organisations. This will be vital to the company’s operation in the UK due to the UK’s movement of its health care system to e-invoices via PEPPOL.

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Keywords: Fitek, company expansion, UK, Europe, e-invoicing, fintech, investment, Pan-European Public Procurement On-Line, PEPPOL
Countries: World