Fastbill’s Exit to Canada Based Unicorn FreshBooks

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Fastbill’s Exit to Canada Based Unicorn FreshBooks

Startuprad.io

Nov 18, 2021

FreshBooks, a Canadian fintech unicorn, announced its acquisition of Fastbill, a Frankfurt, Germany-based fintech company, for an undisclosed amount. The deal will see FreshBooks add Fastbill's accounting software to its own suite of products. FreshBooks is headquartered in Toronto. Fastbill is headquartered in Frankfurt . The acquisition is FreshBooks' first foray into the German market. Fastbill will continue to operate as a stand-alone brand under the FreshBooks umbrella. The deal is expected to closed in the fourth quarter of 2021.

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