Bill.com completed the acquisition of Invoice2go for $625m.

Bill.com, a provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses, completed the acquisition of Invoice2go, a mobile-first accounts receivable software provider, for $625m. "We are investing to accelerate the adoption of our accounts receivable offering. The acquisition of Invoice2go will bring a leading product and a very talented team to Bill.com. It supports our strategy to invest in our platform to be a one-stop shop solution for businesses to transform their financial operations, make and receive payments, and manage their cash flow. Invoice2go’s international team and customer base will enable us to serve more businesses around the globe," René Lacerte, Bill.com CEO and Founder.