Spearheading the U.K. operations, Glen Foster, managing director for the UK and Northern Europe, said: “I’ve always been passionate about SMEs and accountants and bookkeepers, and Libeo gives me the opportunity to continue to support both, with great technology. I know all too well the challenges with paying and getting paid, and the impact that can have on a business owner. Equally, I’ve seen over the last 15 years how accountants specifically have widened their services to incorporate things such as supplier payments for clients, giving clients the time back to focus on running successful businesses.”

Co-founder and CEO of Libeo, Pierre Dutaret said: “Our success in France is a strong indicator of the needs of the sector. The issues faced by our French customers are similar to those we identified in the UK – particularly within the SME segment – and we are confident that we can respond to them in a very relevant way. Our expansion into the U.K. supports our ambition to become the European leader in business-to-business payments.”