Biller Genie Raises $22M in Series B Funding

Why It Matters

The financing highlights rising demand for automated receivables solutions and positions Biller Genie to capture market share in a fast‑growing fintech segment.

Key Takeaways

• $22M Series B led by Radian Capital.
• Expansion targets UK and additional international markets.
• Platform automates invoice‑to‑cash for SMBs.
• Processed billions in annual invoice volume.
• Hiring engineering and leadership talent.

Pulse Analysis

The accounts‑receivable (AR) automation sector has accelerated as businesses seek to shorten cash cycles and reduce manual processing errors. Cloud‑based platforms that integrate with existing ERP and accounting systems are especially attractive to small and medium‑sized enterprises (SMEs) that lack in‑house treasury resources. Biller Genie, founded in Orlando, has differentiated itself by offering an end‑to‑end invoice‑to‑cash workflow that handles bill presentation, follow‑up, collection and reconciliation without requiring system overhauls. Its ability to process billions of dollars in invoice volume demonstrates both scalability and market traction.

The recent $22 million Series B round, led by Radian Capital, provides Biller Genie with the capital to accelerate its geographic push, beginning with the United Kingdom—a market where invoice financing and cash‑flow optimization are mature yet fragmented. The infusion will also fund the expansion of engineering squads and senior leadership, enabling faster product enhancements and deeper integrations with regional ERP providers. Competitors such as YayPay and HighRadius have already secured sizable investments, so Biller Genie’s funding underscores the intensifying battle for SME fintech dominance.

For SMBs, the expanded platform promises quicker cash conversion, lower DSO and reduced reliance on costly collection agencies. As Biller Genie scales its UK operations, it can leverage local compliance expertise to offer region‑specific features such as VAT handling and multi‑currency reconciliation, further lowering adoption barriers. The infusion of talent and capital positions the company to iterate on AI‑driven predictive analytics, a capability that could reshape how smaller firms forecast cash flow and negotiate payment terms. In a market projected to exceed $12 billion by 2028, Biller Genie’s growth trajectory could make it a pivotal player in the next wave of fintech innovation.