Banqup Group SA, a leading provider of business communications solutions, reported solid financial growth in the first nine months of 2025. Organic subscription revenue grew by 21.2% year-on-year, while digital service revenue increased by 5.0%. Strategic partnerships with Deloitte Belgium and Rentio were successfully signed, with more in the pipeline.

CEO Nicolas de Beco expressed confidence in the company’s performance, highlighting an acceleration in momentum beyond Q3. The focus remains on supporting customers and partners in e-invoicing and payments ahead of upcoming mandates. Cost discipline is maintained, and the company is excited for the future.

In the digital services business, subscription revenue increased by 13.6% to €11.4 million in 9M 2025, driven by e-invoicing subscriptions in Belgium. Transaction revenue also rose, reaching €14.9 million, reflecting higher contributions from client money in embedded e-payment services.

Traditional communication services revenue declined by 28.3% on an organic basis, reflecting the ongoing shift towards digital solutions. Partnerships with Deloitte Belgium and Rentio are delivering positive results, with additional partnerships in the pipeline. The company is well-positioned for mandatory e-invoicing mandates in key markets.

Banqup Group continues to enhance its governance practices and expects 25% organic subscription revenue growth by year-end. The company aims to achieve positive free cash flow by the end of the year. Financial updates and a webcast are scheduled for early 2026, along with a General Shareholder Meeting in May.

Banqup Group delivers integrated cloud-based SaaS solutions for business transactions, including e-invoicing and e-payments. The company’s solutions streamline processes and compliance requirements, offering a secure platform for businesses and governments. For more information, visit Banqup Group’s website.

Read more at GlobeNewswire: Banqup delivers 21% organic subscription revenue growth