“Can the legacy Finnish SMB accounting incumbent, now inside Visma, transition its install base to the cloud Merit platform while bundling payroll, e-invoicing and bank connectivity?”
Passeli is a long-running Finnish accounting / ERP software vendor for SMBs, now operated by Visma Amplio Oy (a Visma Group company based in Pori). The product line has evolved from the legacy on-premise Passeli Yritys suite into the cloud-based Passeli Merit financial management platform, alongside Passeli Laskutus (invoicing) and Passeli+ Lite. Core offering spans invoicing, bookkeeping, inventory, payroll (with Finnish tulorekisteri/Income Register integration), e-invoicing via Maventa, and direct bank connectivity to Finnish banks over Web Services.
Passeli processes payments through Paytrail and checkout.
Passeli uses Visma Sign for KYC and identity verification.
Passeli's lending and capital products are provided by klarna.
The Embedded Finance Index 2026 maps 4 layers in Passeli's stack: Payments / PSP (Paytrail and checkout); Lending (klarna); KYC (Visma Sign); Accounts Receivable (Maventa).
Passeli is headquartered in Pori, Finland.
Get a read on where your own stack stands against Passeli 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.