Ageras
“Can a European SMB platform unify banking, accounting, tax, and financing into one product for the 300,000+ underserved small businesses across multiple countries?”
HQCopenhagen, Denmark
FoundersMartin Hegelund
IndustryVertical SaaS / SMB Finance
The story
Ageras began as a Copenhagen-based marketplace matching SMEs with accountants and has evolved into an integrated SMB platform combining banking, accounting, tax filing, invoicing (via Zervant), and financing. The company has acquired/operates multiple regional brands including Zervant (Finland), Tellow/Shine, and serves 300,000+ SMEs across Europe, increasingly positioning itself as a unified financial OS for small businesses.
Product timeline
2023
Strategic partnership with Froda Embedded to provide SME financing across Europe· lending
2024
Zervant Instant Pay discontinued (October 15, 2024)· pivot
The stack
4 layers disclosed in Ageras’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Lending
in the full report
Open banking
in the full report
Accounting gap: none
6 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.