Isabel Group is a Belgian company that has been founded in 1995 at the initiative of the major banks, the present shareholders, and that has become the leading provider of multi-bank internet services for professional users in Belgium.
With more than 250 experts, Isabel Group ensures 75,000 users and 30,000 customers including major companies, SMEs, schools, the self-employed, and government agencies are able to choose the best products and services offered by over 25 banks at the best conditions.
The headquarters of Isabel Group are in the centre of Brussels. Isabel Group invest more than a third of its turnover entirely into innovation.
Isabel NV/SA has met the requirements against the ISO/IEC 20000-1 2011 standard. This is a significant achievement for Isabel NV/SA being only the 3rd organization in Belgium (source AMPG) to have achieved certification. This enables us to prove that we are delivering a world class service to our customers, of which we are really proud.
Tel: +32 (0)2 404 03 37
Fax: +32 (0)2 545 17 19
Chief Technology Officer
Chief Business Administration Officer
Chief Information Officer
Chief Operations Officer
Chief Financial Officer
Chief Commercial Officer
Tel: 02 545 17 45
Gsm: 0477 72 44 83
With over 20 years of experience, Isabel Group wants to be a leading supplier of Belgian solutions and services and to bring the efficiency of the financial value chain - from invoice to payment - to new heights.
We believe that building bridges between all steps of the financial value chain, lowering administrative barriers and driving efficient processes will generate value for individuals, SMEs, corporates and banks.
We want to contribute to a better world with environmental-friendly solutions and more interesting jobs for our users and our employees alike.
Isabel Group want to enhance the efficiency of the financial value chain - from invoice to payment - by eliminating repetitive manual tasks.
Our solutions, Isabel 6 and Zoomit, are designed to help private individuals and business people free up time for more ease working, efficiency and added value.
Belgian payment institution EPBF goes all in for Isabel 6 platform
Payment institution EPBF, a subsidiary of the French bank BRED Banque Populaire which is active in our country in the area of SEPA payments (Single Euro Payments Area), aims to further expand its activities on the Belgian market. The payment institution already has an extensive international customer portfolio, but by joining the ultra-secure platform Isabel 6 -offered by Isabel Group, the leading provider of multi-bank Internet and mobile banking services for professional users in Belgium - the financial stakeholder aims to further strengthen its position on the Belgian market.
EPBF, a subsidiary of leading French BRED Banque Populaire, currently processes a third of all SEPA direct debits initiated from Belgium. The financial stakeholder wishes to further increase its share, particularly in respect of medium and large enterprises. By joining the Isabel 6 platform, it aims to be even more responsive to its customer's needs. “In the current context of increasing standardisation of payment services, EPBF sets itself apart by offering a close, privileged relationship that meets every one of its customers' specific needs with a tailored solution,” said Bertrand Roux, CEO of EPBF.
EPBF is the 26th payment institution to join the Isabel network. “We are pleased that payment institution EPBF has confidence in Isabel Group and are particularly happy that they recognise the many benefits of Isabel 6,” said Johan De Meyer, CEO of Isabel Group. Isabel Group, the leading provider of multi-bank Internet and mobile banking services for professional users in Belgium, handles over 1 million transactions per day, representing a total annual amount of around 2,600 billion Euros.
EPBF offers payment and cash management solutions to international companies. In 2016, it processed 177 million SEPA transactions, for a total value of 28 billion Euros.
EPBF is based in Brussels and has in BRED Banque Populaire a parent company that is one of the leading players in payment methods in France. BRED Banque Populaire itself belongs to Groupe BPCE, the second largest French banking group.
About Isabel Group
Isabel Group was founded in 1995 at the initiative of the major banks, its shareholders, and became the leading provider of multi-bank internet banking services for professional users in Belgium. 75,000 users and 30,000 customers including major companies, SMEs, schools, the self-employed, and government agencies are able to choose the best products and services offered by over 25 banks at the best conditions. The Isabel 6 solution enables 433 million secure transactions to be processed every year, for a total value of 2,600 billion Euros.
Isabel Group is also the driving force behind Zoomit, the free Internet and Mobile Banking service used by 13 banks which enables invoices to be quickly and easily paid with a single click. Zoomit is used by more than 1.000.000 consumers and processes 350.000 documents every day from over 100 different senders of invoices, bank statements, tax returns and pay slips.
In October 2016, Isabel Group acquired CodaBox, leader in digitalization for accountancy professionals and experts. Collaboration between both entities, that continue to exist independently, leads to a better service for professional clients and an expansion of the offering. CodaBox currently has a customer base of 1,450 accountancy firms, and is the market leader in its domain.
Isabel Group employs 200 experts, its registered office is located in the heart of Brussels and it achieved a turnover of 58.7 million Euros in 2016.
Zoomit celebrates its 10th anniversary and enters the B2B market
The Isabel Group is celebrating the 10th anniversary of Zoomit, its electronic invoicing platform. This tool has become a permanent asset for electronic invoice processing for private individuals this past decade. Ambitious electronic invoice processing projects for businesses are now taking shape.
Isabel Group acquires 100% of CodaBox shares
On 3 October, Isabel Group and CodaBox reached an agreement on Isabel Group’s acquisition of CodaBox. Both entities will continue to exist independently. The agreement is a major advance in the increasing digitalization of Belgium’s accountancy landscape. Furthermore, it will ensure better service for professional clients and an expansion of services thanks to the development of new products.
This acquisition brings together two key players in financial services for accountants. Isabel Group is an established name in the Belgian financial marketplace, with strong expertise in facilitating and automating electronic payments. Its acquisition of CodaBox brings valuable knowhow in the area of electronic account information.
CodaBox was created especially for accountancy professionals and experts. The company provides services that facilitate electronic replacements for bank statements, social documents and invoices. It is essential that clients have electronic access to these documents, both for banks – via Isabel Group – and for CodaBox.
Better service, broader service
“These two companies are absolutely complementary,” says Johan De Meyer, CEO of Isabel Group. This fact will ease Isabel Group’s entry into the market, thus enabling it to expand its complementary services. “For users, this means an increase in quality and professionalism, but also an expansion of our product range thanks to the development of new services.”
In light of the spectacular growth of the digital economy and the European Union’s ambitions to harmonize payments via the Payment Services Directive (PSD 2), businesses in the financial sector are increasingly obliged to magnify their scale of operations. Working together, CodaBox and Isabel Group will be better able to serve a larger number of clients than ever before.
The fruits of efforts & trust
For CodaBox, the collaboration with Isabel Group will make it easier to gain access to Belgian banks. CodaBox will continue to exist as a separate entity, and its objectives remain unchanged: to provide accountancy offices with digital documents. “On a day-to-day basis, nothing will change. Our clients are accountants – they will continue to be accountants,” states CodaBox CEO Martin Servais.
To enhance further growth in a rapidly evolving landscape, CodaBox needed a solid partner. “With Isabel Group as a shareholder, we are able to go even further, and faster,” says Martin Servais. “This is an excellent recognition of the work that our staff has done, and illustrates that the trust that our partners place in our work is now bearing fruit.”
Good news for banks and accountants
The fact that banks are taking an indirect route into the accountancy world is a good development for professional accountants, believes Martin Servais. “It highlights the need to delineate the extent of each profession, and to ensure the presence of an entity that can guarantee healthy interaction between a traditional bank, the accountancy firm, and accountancy software.”
Banks also benefit from the collaboration thanks to enhanced, more streamlined processes for processing coded account information (CODA). Moreover, the CODA service is now available to a wider audience. Johan De Meyer concludes, “This collaboration means a significant increase in efficiency for banks and professional accountants. It is a major step towards a fully digitalized, professional accountancy environment.”
Johan De Meyer new CEO Isabel Group as of 9 June
“We are confident that Johan is the right person to take up this role. Being a co-founder, he understands the roots of the company and combines that with a vast experience within several financial institutions in Europe and abroad. A good combination to take the company forward…” says Frank Stockx, chairman of Isabel Group.
Luc Neysens brought a strong financial performance as well as a solid foundation to face the challenges ahead of us. We thank Luc for his drive and continued efforts at Isabel Group and we wish him every success in his new endeavors. Johan will continue on this well performing track and define the necessary steps to take the company forward.
Johan holds a degree in Civil Engineering, Electronics from the University of Ghent and a Master in Management from Vlerick Business School.
On his new role he mentions “I’m incredibly excited to take on this great opportunity. I know the financial technology sector like the back of my hand and at Isabel Group I will have the chance to build upon my expertise in order to face the future.”
Isabel celebrates its 20th anniversary and becomes Isabel Group
Isabel celebrated its 20th anniversary, in the company of top players in the financial world in Belgium. The company is combining this special anniversary with a name change that comes as the culmination of an extensive repositioning effort initiated three years ago.
On the eve of the full opening of the payment services market in 2017, the new Isabel Group now more than ever plays a key role thanks to further investments in cyber security and the further development of identity management.