News

Pagero becomes majority owner of Gosocket®

August 24 2021

The invesment agreement strengthens Pagero’s position as the world’s largest open network for digitalisation of business documents. As a result of the agreeement, Gosocket’s operations in Latin America will become part of the network, adding 10 countries in the region with government compliant e-invoicing capabilities.

Pagero, the leading network for compliant and digital business document exchange within the purchase-to-pay and order-to-cash processes, continues to strengthen its global reach. Pagero’s strategy is to serve its clients with superior support and reach anywhere in the world where they conduct trade. By becoming majority owner of Gosocket, Pagero takes another important step towards realizing their vision of a global, single network for compliant and digital trade between businesses – “One Connection – Global Reach”.

The two platforms complement each other very well and will provide our customers with an unparalleled offering.

Julius Nilsson, Chief Commercial Officer, Pagero

“In our efforts to become a global network for compliant trade, this transaction adds an important piece to our offering. The two platforms complement each other very well and will provide our customers with an unparalleled offering. Our customers’ growing need for an extended global offering are central in the deal rationale and a key driver for completing the transaction. The strengthened capabilities in regulatory compliance and B2B connections will drive efficiency and create customer value from consistent and correct data in all connected systems,” says Julius Nilsson, Chief Commercial Officer at Pagero.

“Pagero and Gosocket have been partners since 2019 and this transaction is a natural next step in our collaboration. The combined reach will result in an unparalleled opportunity to assist our customers in developing their businesses both locally and internationally, which has been a key motivator for structuring this deal. We will now have Pagero’s international platform and the financial resources to accelerate our growth efforts in Latin America,” says Alan Guzowski, Chairman of the board at Gosocket.

“By joining forces with Gosocket, we will strengthen our capacity in multiple aspects. We are creating an extremely strong global R&D capability that will continuously improve the value proposition for our customers. The combined commercial and delivery organization will, in conjunction with our extensive partner network, cover the globe and provide best-in-class 24/7 support for our customers in all regions and all major languages,” says Bengt Nilsson, Chief Executive Officer at Pagero.

About Gosocket

Gosocket, is the leading platform in Latin America for the electronic exchange of documents based on digital signature, developed according to the regulations established by the tax administration of each country. ​Thanks to its 19 years of experience in facilitating and providing electronic invoicing, Gosocket’s independent network provides engagement and transaction between suppliers and buyers centred in invoice management.

Gosocket envisions an open and secure business network, recognizing the value and power of the economy integration and digitalization. For more information visit www.gosocket.net.

About Pagero

Learn about Pagero, our vision, and how we help make business easy.

Find out more

Get the latest news from Pagero

Get a monthly mix of updates, inspiration and helpful tips to your inbox.
Subscribe to our newsletter