POM nv

Based in Belgium, POM nv operates as a financial technology company, providing innovative credit management solutions that enhance the invoice-to-cash process for businesses in Europe. POM nv, founded in 2014 in Antwerp, Belgium, specializes in credit management solutions. The company has completed 6 deals and recently raised EUR 0. 83 mn in funding from BAN Vlaanderen and BeAngels.

The organization is led by CEO Taylor Spencer, with founders Luena M and Tom Totté having previously engaged in financial technology ventures. POM specializes in credit management solutions aimed at streamlining the invoice-to-cash process for businesses across various industries in Europe. Their core offerings include POM Invoice, POM Payment, and POM Collect, which facilitate the creation, automation, and management of invoices and payment collections. POM Invoice allows organizations to design and send custom invoice templates through multiple channels such as email and online portals.

POM Payment enhances customer experience by enabling quick and secure payments through QR codes and direct integration with the Payconiq by Bancontact app. POM Collect automates the debt collection process, improving customer interactions and increasing collection rates through personalized, AI-driven communication. The company serves a diverse client base, including large organizations and SMEs primarily in Belgium, the Netherlands, and Germany. POM generates revenue through a subscription-based model, providing clients access to its suite of credit management services.

Clients pay for various service tiers that include features such as automated invoicing and payment processing. The company's EBITDA for the most recent year, 2022, was EUR 244,506. 6. The structure of transactions involves businesses subscribing to POM’s services, which enhances cash flow and reduces outstanding invoices through timely payments and reduced administrative burdens.

POM nv is focused on enhancing its product offerings and expanding into new markets. Plans include the launch of new products designed to improve credit management efficiencies. The company is targeting expansion into additional European markets by the end of 2024. The recent funding of EUR 0.

83 mn, raised from MaasInvest, will be utilized to support these initiatives, driving product development and market entry strategies.