Crossinx

Founded in 2007, the company's goal is to revolutionise accounting in the private sector and public administration and to create a network that is unique in the German-speaking business world. Besides, with more than 170 employees in Germany, Switzerland, and Hungary, Crossinx currently works to help companies digitise their entire financial and order processes and reduce process costs in the financial supply chain. From ordering to payment and from purchase to cash, for all companies, Crossinx connects companies and municipalities with their customers, suppliers, financial administrations, marketplaces, and financing platforms. In a statement, Crossinx mentions that it is performing above the market growth (31% CAGR over 2017-2020). With a settlement volume of over €25B and a growth rate of over 100 per cent, Crossinx is the leading German business network and the leader in the fast-growing B2B fintech market. More than 350,000 SMEs and over 1,600 larger corporates are interconnected through its platform, which is compliant with the German e-invoicing requirements as well as tax-compliant in over 60 countries. Crossinx' customers include ABB, Beiersdorf, Conrad Electronic, CWS boco, Hilti, Sartorius, and Sixt, among others. Other companies also obtain these solutions through service offers from banks and ERP manufacturers that are part of the Crossinx (indirect) partner network.