The French publisher of a fully online solution for chartered accountants has become the majority shareholder of the Luxembourg digital specialist LuxApps. full Belux is now readying its global expansion.
Formed in 2011, LuxApps quickly imposed itself on the market with its fully online company management platform, entirely customizable and compatible with Belgian and Luxembourgish APIs.
Eight years later, the company, led by Thomas Bilocq, joined Elate Group to refocus its business on accounting firms, rebranding its platform as a collaborative tool between accountants and their customers. Furthering this strategy, LuxApps set up a Fiduciary Experience Platform (FXP) portal in 2022, catching the attention of fulll.
fulll, accounting and payroll expertise in France
Formed in 2021 from the merger of three related publishers (In Extenso social, In Extenso digital and Ibiza software), fulll challenged its market by offering one of the first fully online accounting and payroll solutions.
Drawing on its 230 staff, who strive every day to support chartered accountants in the digitalization of their profession, fulll remains a startup-like approach to working culture and growth.
A strategic merger
By acquiring LuxApps, fulll consolidates its expertise and prepares the beginnings of its global expansion. LuxApps on the other hand now joins a group of high R&D potential and shared values, especially with regard to diligent customer support.
fulll Belux intends to accelerate its growth by rapidly enhancing its flagship product FXP, and other tools that meet the needs of its market such as invoicing or the budget dashboard, already developed by fulll.
It will also continue developing its payroll portal – created under its partnership with the Apsal solution, a payroll management tool published by Telindus and leader on the Luxembourg market – which could also capitalize on the technological support of fulll.