“Can Ageras consolidate Europe's SMB accounting/fintech long tail (Billy, Zervant, Tellow, Kontist, Shine) into a single cross-border 'Shine' financial OS for freelancers?”
Billy is a Danish SMB accounting/invoicing SaaS with over 30,000 self-employed and SMB users, operated by Billy ApS in Copenhagen. It became a licensed AISP in Denmark, enabling native bank-account aggregation into its bookkeeping product. Billy is now part of Ageras' Shine group (which also owns Zervant and Tellow), and as of October 2025 new subscribers contract with Shine Denmark ApS — the Billy brand is being folded into 'Shine Regnskab'.
Billy processes payments through Stripe and MobilePay.
Billy connects to bank accounts through Aiia.
The Embedded Finance Index 2026 maps 2 layers in Billy's stack: Payments / PSP (Stripe and MobilePay); Open banking (Aiia).
Billy is headquartered in Fiolstræde 17B, 1171 København K, Denmark.
Get a read on where your own stack stands against Billy and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.