UAE – Mubasher: BILRS, a dynamic startup specialising in cross-border bill payment solutions, has raised a pre-Seed investment from Haatch, according to a press release.
The funding will boost the platform’s objectives to accelerate its product development, expand its customer base, and widen its industry-leading solutions to businesses worldwide.
The partnership, which marks a significant step to reshape the cross-border bill and airtime business, will provide BILRS with the needed resources and expertise to develop its platform and foster its market reach.
Founded in 2022, BILRS helps online and offline merchants to offer bill payment as a service to their customers across over 30 countries.
Rupert Shaw, CEO of BILRS, noted: "This investment will empower us to enhance our platform's capabilities, better serve our customers, and continue our mission of enabling purposeful remittance."
Jeremy Luzinda, Principal at Haatch, commented: “BILRS offers a single integration platform for retail and digital players in the cross-border space to offer direct bill payment seamlessly and transparently.”
“They have already demonstrated their effectiveness and value by partnering with one of the largest digital players in MENA, already driving huge volumes,” Luzinda added.
