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Exact Online

Also a provider — view Exact Online’s profile →

“Can an SMB accounting platform become the embedded financial OS for Dutch entrepreneurs by layering lending, payments, and financial services directly into the bookkeeping workflow?”

HQDelft, Netherlands
IndustryHorizontal SaaS / Accounting
The story

Exact Online is the cloud-based accounting and ERP platform of Exact Group B.V., headquartered in Delft, Netherlands, and owned by KKR. Originally a desktop accounting software company, it transitioned to a cloud SaaS model under the Exact Online brand. The company serves over 675,000 SMB and accountant customers primarily in the Netherlands and Belgium. It has progressively embedded financial services—most visibly launching an invoice financing product with Rabobank in 2024—transforming from a pure accounting tool into an embedded finance platform for Dutch SMBs.

Last 12 months
2024-10
Product timeline
2024
Launched embedded invoice financing product in partnership with Rabobank, offering up to €100K for SMB customers directly within Exact Online.· lending
Same company
Exact Online was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
Exact2 layers →
The stack
4 layers disclosed in Exact Online’s embedded-finance stack
Payments / PSP
Mollie
Lending
in the full report
Unified APIs
in the full report
Accounting
in the full report
Accounting gap: none
12 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.