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Voxel will strengthen in Europe and the Middle East after growing 22% in 2023

The technology firm based in Barcelona closed last year with sales of 18 million, the highest in its history.

Voxel , a Catalan technology company specialized in electronic invoicing and payment solutions between companies , closed last year with revenues of 18 million euros, the highest in its history, and with a year-on-year growth of 22%.

Looking ahead to 2024, the company aims to improve this data and increase its business by 24% to reach 23 million euros. It will do so with a very clear objective: to strengthen itself abroad, which already represents 70% of its business , especially in Germany, France, Benelux, Central Europe and Middle Eastern countries such as the United Arab Emirates, Saudi Arabia and Turkey.

This year, Voxel also foresees greater activity in Spain, “given the approval of the new electronic billing regulations by the Government,” the firm’s CEO, Ángel Garrido, tells EXPANSIÓN.

Solutions in this area for tourism and restaurant companies are the core of the business, which has just been complemented with the launch of a payment platform between companies in these sectors. “If now the most widespread formula is virtual payment cards, we have introduced alternatives, since what this industry was asking for were more flexible mechanisms,” adds the manager.

The challenge that Voxel sets itself in the medium term, three years from now, is that digital payment systems for companies end up being their main source of income, without neglecting electronic invoicing and everything that is associated with it, such as “regulatory compliance.” , says Garrido.

Voxel has 206 employees distributed between Barcelona, Santo Domingo (Dominican Republic) and Melbourne (Australia). This last delegation was incorporated after purchasing a company specialized in payment solutions in 2021 to consolidate itself in Asia-Pacific.

Founded in 1998, Voxel works worldwide with 50,000 hotels; a thousand travel agencies and tour operators ; 1,200 food, beverage and maintenance suppliers and 3,000 restaurants and franchises. In total, the firm manages one hundred million electronic invoices a year in more than one hundred countries.

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