Founded in Kuopio, Finland in 2008, Ropo started with a vision to simplify invoice management. Over the years, we have expanded from Finland across the Nordics, continuously developing our technology, services and operating model.

Today, Ropo is a Nordic invoice-to-cash company helping organizations automate and optimize the entire invoice lifecycle, from invoicing to payment, across Finland, Sweden, Norway and Denmark.

This is our journey from a local startup to a Nordic category leader.

From Startup to Nordic Invoice-to-Cash Leader

2008

Ropo’s story began in Kuopio, Finland, when our founders Petri Tukiainen and Tuomo Rissanen combined their strengths. They envisioned that invoice management could be much easier if manual processes could be automated and all workflows unified on a single software platform. Tuomo started coding and Petri searching for potential clients. 

2009

Our one-platform approach took its first steps with the launch of TrustPoint, the first version of what would later become Ropo One. The platform introduced a digital approach to invoice and receivables management at a time when many processes were still highly manual.

A digital platform for invoice and receivables management was a major change in the Finnish market, and the automated process required reassurance. However, clients quickly recognized its potential. 

2011 

Our current Chief Commercial Officer, Sami Levy, joined the startup, working alongside Petri to build strong client relationships and bringing valuable feedback to the development team. As the client base grew, Tuomo’s tech team needed reinforcements, leading to the arrival of Ilkka Sammelvuo – our current CEO. 

This period marked the beginning of Ropo’s commitment to closely listening to clients’ needs and driving continuous development towards invoice lifecycle management.

2013 

Strong groundwork in smaller client segments paid off, and Ropo secured its first large-scale full invoice lifecycle customer. East Savo Hospital District became our first full invoice lifecycle client, with the service module now known as Ropo One Embed. They later stated that they recognized their pioneering role but believed in our vision, understanding that their satisfaction would be essential to our growth and future success. The partnership continues to this day through Eloisa, the Wellbeing Services County of South Savo.

This client-first service mindset remains one of our guiding principles: long-term success is only possible when our clients are satisfied.

2016

Our rapid growth attracted private equity investors, leading to a profitable exit for our founders. Sentica Partners became Ropo’s main owner, and Artti Aurasmaa took over as CEO. It was also during this time that Ropo’s core values were formally documented. While the wording has since been refined from Finnish to English, those original values still serve as the foundation of our culture.

2017

On February 16, we rebranded from Trust Kapital to Ropo Capital. The name change coincided with our first acquisition in history: we acquired Enfo Zender, a long-established information logistics business owned by Enfo. This move grew Ropo’s revenue from €10M to €40M, making us an invoice operator and enabling us to manage the entire value chain, including multichannel invoice delivery. Prior to the acquisition, we clarified our focus and sold our accounting business. The rebrand unified all remaining employees under one name name – and included rebranding the platform  from TrustPoint to Ropo 24.

The acquisition enabled Ropo to combine technology, invoicing operations and receivables management into an even more streamlined and integrated service model.

2019

Adelis Equity Partners acquired a majority stake from Sentica Partners, and we set our sights on Nordic expansion. The acquisition brought no changes to management – everyone remained committed to championing the one-platform approach and setting a new standard across the Nordic region.  

That same year, Ropo acquired Colligent Inkasso from the Swedish banking group Collector. The acquisition of Colligent Inkasso marked Ropo’s entry into the Swedish market.

2020

Ropo expanded into Norway with a strategic acquisition: Posti Messaging Scandinavia in Sweden and Norway became part of Ropo Group. This acquisition established Ropo as a Nordic company with operations across multiple markets.

Artti Aurasmaa joined the board of directors, and Rickard Westlund became Ropo’s CEO. 

Ropo 24, the platform later renamed Ropo One, was launched in Sweden.

2021

We signed our first full invoice lifecycle clients in Sweden and our service concept – unified invoice delivery, sales ledger, and receivables management – proved its value across the Nordic market. 

The same year, BAHS Kapital joined Ropo Group through an acquisition in Norway. 

2022

Ropo One was launched in Norway under the name Ropo 24, and we signed the first full invoice lifecycle clients in the country. We also strengthened our market presence by acquiring Demand Norge. 

The energy sector remained the flagship industry for adopting the one platform approach, with other high-invoice-volume companies following their lead. 

2023

Ropo focused on improving business intelligence tools and prepared to launch Ropo OneView, designed for smart cash flow forecasting and credit risk management. Our AI-powered forecasting took a major leap forward.

Ilkka Sammelvuo, our long-time tech leader, was appointed CEO. 

2024

We signed our first four-country agreement with DB Schenker, expanding Ropo’s footprint to Denmark. Annual user sessions in Ropo One exceeded one million.

We also completed a major brand and platform transformation. Ropo Capital became simply Ropo, and the Ropo 24 platform was renamed Ropo One, reflecting our long-term vision of managing invoice-to-cash end-to-end through a single platform. At the same time, our end-customer self-service portal was rebranded from Ropo Online to MyRopo. 

While our brand and visual identity evolved, one thing remained unchanged: our commitment to the one-platform approach, providing 360° financial oversight and enhanced control for the office of the CFO. Delivering the best service for end-to-end invoice workflow management remains our ultimate goal. 

2025

Ropo One underwent a UI refinement improving its capabilities and user experience. Sales ledger capabilities were reinforced to meet the advanced needs of companies serving both B2B and B2C customers. MyRopo received several enhancements, including an improved login experience. AI adoption accelerated across Ropo, bringing new capabilities to Ropo OneView and supporting better financial visibility and decision-making.

2026

Ropo’s end-to-end invoice-to-cash automation reached up to 99%. Through advanced segmentation, automation rules and predefined service designs, Ropo One can orchestrate large parts of the invoice lifecycle with minimal manual intervention, improving efficiency, accuracy and financial control.

During the year, MyRopo Invoice was introduced. The service provides secure digital access to invoices while connecting customers directly to MyRopo’s self-service capabilities and customer support.

Today

Today, Ropo focuses on modernizing invoice-to-cash workflows and eliminating financial friction. Built on the one-platform approach established in the early years, we continue to help organizations improve invoice-to-cash management, cash flow and customer experience.

Our industry solutions focus particularly on energy and utilities, healthcare, real estate and high-volume B2B services, where recurring invoicing and efficient financial processes are critical.

Across the Nordics, Ropo handles approximately 160 million invoices annually.

Evolution of the Ropo brand and platform

Since its founding, Ropo’s company and product brands have evolved alongside the company’s growth and expanding scope.

Ropo was previously known as Ropo Capital. As part of the 2024 brand transformation, the company adopted the simpler name Ropo. Ropo’s core technology platform, Ropo One, was originally launched as TrustPoint and later rebranded as Ropo 24 before adopting its current name in 2024. Ropo’s self-service portal for end customers, MyRopo, was previously known as Ropo Online.