A Stockholm VC cut 15+ hours of invoicing admin and eliminated payment delays with one platform.
An operational VC that builds tech for startups across Europe cut 15+ hours of invoicing admin and eliminated payment delays - with one platform.
uBit is an operational VC based in Gamla Stan, Stockholm. They don't just write checks - they build the tech. Software development, interim CTO services, UX/UI design, project management. Their engineers hold equity in uBit, and they expect the same incentive alignment from the founders they back.
With portfolio companies and consulting clients spread across Sweden and the Netherlands, uBit juggles 20-30 invoices per month across multiple entities, currencies, and project structures.
uBit's team could ship an MVP in weeks. But getting paid for it? That took months. Standard 30-60 day payment terms meant cash was perpetually trailing behind the work - a real problem when you're also funding early-stage startups and need capital moving fast.
Invoicing was a grind. 15+ hours a month spent creating invoices, chasing approvals from end customers, manually reconciling with Fortnox, and following up on overdue payments.
Dicopay replaced the entire workflow - invoice creation, end-customer approval, factoring, and Fortnox sync - in a single system.
"Before Dicopay, getting paid felt like the hardest part of the job. Now it's the easiest. I send the invoice, the customer approves it, and the money is in my account. That's it."
- Ulrik, Founder of uBitInvoice goes out, cash comes in. Dicopay advances funds immediately.
End customers approve invoices directly in the platform before factoring.
Invoices, payments, and reconciliation sync automatically.
Stockholm, Amsterdam, Berlin - same clean workflow across borders.
| Metric | Before | After |
|---|---|---|
| ⚡ Time to payment | 30-60+ days | Same day |
| ⏱ Monthly invoicing hours | 15+ hours | ~2 hours |
| 🛡 Invoice disputes | Unmanaged risk | Eliminated |
| 🔄 Accounting sync | Manual (Fortnox) | Fully automated |
| 🌍 Cross-border invoicing | Complicated | Seamless |
| 📅 Month-end close | Full day | ~1 hour |
"The approval flow is seamless on our end. We get a clean invoice, confirm it in one click, and move on."
- End customer, Netherlands-based SaaS startupuBit got 15 hours back every month, eliminated invoice disputes entirely, and gave their portfolio companies and clients a cleaner billing experience - without adding a single person to the team.
"Dicopay isn't just a financing tool - it's how we run our entire invoicing operation."
- Ulrik, Founder of uBitDicopay
March 30, 2026
