JITpay
ActiveJITpay GmbH
About JITpay
We are a fast-growing and internationally active payment service provider specializing in the logistics industry. Founded in 2016, the JITpay™ Group digitizes the billing and payment processes in logistics. We take over the complete service settlement between client and contractor and combine this with a specially developed (transport company) factoring program, which enables immediate payment of the contractors as well as flexible payment terms for the clients.
We have our own fully digital factoring company and an integrated SaaS transport management system for our customers. We currently employ over 50 people with offices in Berlin and Braunschweig.
Fully acquired by Volksbank Brawo in May 2024.
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | — | €-100k |
| 2019 | — | €-2m |
| 2020 | — | €-2.5m |
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