BIGhub, Europe’s first sales accelerator, raises $10 million

BIGhub, Europe’s first sales accelerator, raises $10 million - Portugal Business News

Portugal news - BIGhub, Europe’s first sales accelerator, raises $10 million.

BlueCrow Capital has invested two million euros in Portuguese tech startup BIGhub in order to expand its global presence. This investment also includes an additional financing of 8 million euros for the development of BIGcash, which will allow merchants to receive payments from sales on the same day, eliminating the long payment cycles that penalize cash flows and the ability for companies to expand.

Founded by Rúben Lamy, whose entrepreneurial background includes sports and e-commerce in Europe, BIGhub is at the forefront of integrating physical and online stores in the largest European marketplaces.

This new investment is a turning point for BIGhub, which is already transforming digital commerce, since it is the first sales accelerator in Europe that is capable of placing clients' products on the main European marketplaces and working on them to make them stand out.

BIGhub has already opened 400 stores and has generated revenue of more than five million euros through its operations on the Portuguese, Spanish, German, Italian and French markets. The sales accelerator has 41 employees and plans to hire another 25 people.

Portuguese ecommerce startup BIGhub promises to revolutionize the way retailers manage their global online marketplace transactions.