Shine buys Libeo to add AI-powered supplier invoicing to its SME platform
What's the deal? French fintech ShineDealroom has a profile for this one. Try Dealroom → has acquired Libeo, a Paris-based platform for managing and paying supplier expenses and invoices. The deal value is undisclosed. Libeo's full team and its two cofounders join Shine, which promised existing customers no change in "same product, same team, same conditions."
What each side brings: Shine provides a pro account, e-invoicing, and accounting for small and medium-sized businesses and their accountants. Libeo adds the purchasing cycle — expense receipt and control, validation workflows, and payment — with AI-assisted checks.
By the numbers: Founded in 2018, Libeo serves nearly 3,000 companies and accounting firms, including franchisees of McDonald's, CarrefourDealroom has a profile for this one. Try Dealroom →, and MonoprixDealroom has a profile for this one. Try Dealroom →, plus firms such as Forvis MazarsDealroom has a profile for this one. Try Dealroom → and Baker TillyDealroom has a profile for this one. Try Dealroom →. It grew 36% year on year, processed over €10 billion in invoices to 400,000 suppliers, and has been profitable since 2025.
What's the endgame? Shine wants to cover the full administrative and financial chain for SMEs and accountants, from the client invoice to the firm's balance sheet. Libeo strengthens the purchasing side, where Shine's existing products focus on core financial management.
Why now? Shine itself emerged from a combination with CegidDealroom has a profile for this one. Try Dealroom → in 2026 and today serves one million entrepreneurs and 15,000 accountants in France and Europe. Libeo is also compatible with France's e-invoicing reform, adding regulatory relevance.
"For Shine, it's another step in realising the ambition we carry: to create a unified ecosystem for entrepreneurs and their accountants, where data moves from one point to another with fluidity and speed," said chief executive officer Rico Adlor-Andersen (translated from French).
Libeo cofounder Pierre-Antoine Glandier said the fit was clear: "Same market, same culture." He added that the tie-up would let the company "accelerate, and continue to simplify the daily lives of SMEs" (translated from French).
The signal: Backed previously by BreegaDealroom has a profile for this one. Try Dealroom → and LocalGlobeDealroom has a profile for this one. Try Dealroom →, Libeo joins a broader consolidation trend as fintechs assemble end-to-end suites for SMEs and their accountants. Shine is betting that owning the entire administrative stack — not just banking — is where the market is heading.
Read more: planet-fintech.com
Image credit: Generated with Gemini
