SaaStr

APRIL 17, 2021

— Jason BeKind Lemkin (@jasonlk) April 16, 2021. Monetizing ecommerce via subscriptions, but not payment processing. Billion in GMV processed, up a stunning 91% from 2019. But in contrast to Wix and Shopify, it doesn’t keep much of the revenue from merchant services itself. founderpower. 85% NRR.

Payment Methods 334

Payment Methods Merchant Services Payments Payment Services 334

Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. In 2019, 77% of US consumers were using at least one type of digital payment system.

Payment Methods 163

Payment Methods Payment Services Merchant Services Payment Solutions 163

SaaStr

NOVEMBER 1, 2023

Billion ARR, growing a stunning 48% (!) – 111% NRR, although down from 131% in 2021 – 15 Month CAC – Gotten very efficient, +$194m net profit – Transactions growing faster than software, like Shopify – From $120m ARR in… pic.twitter.com/hYImIBKyNQ — Jason ✨Be Kind✨ Lemkin  ?? Yes, 48% at $1.2

Payment Services 336

Payment Services Payments SaaS Payments Payment Solutions 336

Stax

OCTOBER 1, 2024

Acquisition of BlockChyp brings new technology and industry expertise to Stax, furthering its evolution as a leading payment processor ORLANDO – October 1, 2024 – Stax , a leading payment technology provider, today announced its acquisition of BlockChyp , further expanding the company’s end-to-end processing capabilities.

Merchant Services 197

Merchant Services Payments Stax Payment Services 197

Tom Tunguz

MARCH 28, 2021

UIPath, leaders in the Robotic Process Automation (RPA) category, filed their S-1 last week , revealing an impressive business. Founded in 2005 in Bucharest, Romania, by Daniel Dines and Marius Tirca, the company now operates more than 60 offices housing nearly 3000 employees. The services gross margin is -19%.

Payment Services 359

Payment Services Metrics Payment Solutions Payments 359

SaaStr

JUNE 29, 2021

Ok it’s time to grab your spot at the top sessions for SaaStr Money 2021 on July 14: The line-up of workshops and small sessions is incredible, and it’s FREE as part of our last Mega Digital Event before 2021 Annual. July 14, 2021, 8:00 am. July 14, 2021, 8:00 am. July 14, 2021, 8:30 am.

Payments 246

Payments Payment Services Scale Banking 246

SaaStr

APRIL 29, 2021

Shopify’s first quarter revenue: Q1 2021: $989 million Q1 2020: $470 million Q1 2019: $321 million Q1 2018: $214 million Q1 2017: $127 million Q1 2016: $73 million Q1 2015: $37 million Q1 2014: $19 million Q1 2013: $9 million. — Jon Erlichman (@JonErlichman) April 28, 2021. But likely it’s below 100% excluding payments.

Merchant Services 314

Merchant Services Payment Methods SaaS Payments Payments 314

SaaStr

MARCH 19, 2021

The Cloud is expanding and moving forward at a phenomenal rate, so we invited the team at Bessemer Venture Partners back to SaaStr to unveil their latest findings in the 2021 State of the Cloud. As of January 2021, there were over 527 private unicorns with a total cumulative value of over $1.9 Hello Unicorns .

Cloud 272

Cloud Scale Payment Methods Payment Solutions 272

SaaStr

APRIL 12, 2022

The majority of its revenue is now from Bitcoin transactions, not “traditional” payments and software. Its software and services business is the one with the real operating margins. Square is still a high-margin software company at its core with a large but low-margin payments business on top. businesses. #4.

Payments 294

Payments SaaS Payments Payment Services Revenue 294

Baremetrics

MARCH 30, 2021

Your business requires a fast and reliable tool for sending and receiving payments from clients. But with so many payment processing tools on the market, which one should you choose? Here's a list of six payment processing platforms for 2021. 1 Different B2B Payment Processing Tools 1.

Payment Services 80

Payment Services SaaS Payments Merchant Services Payments 80

FastSpring

SEPTEMBER 1, 2021

The country recently published guidance requiring providers of electronic services — select digital products and services — to register for VAT if they meet certain criteria and thresholds. Foreign e-services provider requirements What are Thailand’s VAT rates for E-Services? What are Thailand’s VAT rates for E-Services?

Payment Services 148

Payment Services Payment Methods Marketplace as a Service Payment Solutions 148

SaaStr

SEPTEMBER 9, 2021

Bill.com had to develop a network that today has millions on vendors processing bills and payments on it. The payments / fintech side of Bill took a decade to come together. Rene cautioned folks to understand the regulatory and fraud elements of doing payments are significant. And a self-service component.

SaaS Payments 62

SaaS Payments Payments Payment Services Scale 62

SaaStr

JANUARY 30, 2023

They focused on building a payment platform that empowers international talent and independent contractors to get paid on time in a compliant way while also ensuring that companies can hire international talent and make payments efficiently. This insight led Deel to focus on solving payments and compliance.

Sales Hiring 269

Sales Hiring Payment Services SaaS Payments Scale 269

Stax

NOVEMBER 8, 2023

This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Moreover, you must watch out for hidden service fees and/or long-term contracts your provider may try to lock you into.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

SaaStr

SEPTEMBER 22, 2022

And its payments network to roll out. Up from 110% at IPO, 124% in 2021, and 121% in 2020. Both Bill.com and Shopify now get the majority of their revenues from payments and payment processing. This is radically different from the IPO, when payments were just getting gone. 5 Interesting Learnings: #1.

SaaS Payments 64

SaaS Payments Payment Services Payment Solutions Payments 64

Stax

APRIL 18, 2024

With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. And electronic payments were at 14.2%, closing in on cash at 15.5%. Credit card and debit card payment processing fees apply to them all.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

FastSpring

OCTOBER 11, 2021

The Reserve Bank of India issued new guidelines for subscription purchases earlier this year — and the new rules came into effect a few days ago, on October 1, 2021. This process is straightforward, and we describe it in detail below.). The Reserve Bank of India Is Enforcing its Rules Effective October 1, 2021.

Payment Services 146

Payment Services Merchant Services SaaS Payments Payment Methods 146

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% in payment volume growth in Q4 2021. in Q4 2021.

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

SaaStr

APRIL 23, 2021

. — Jason BeKind Lemkin (@jasonlk) April 21, 2021. automating the back office and payments and billing for SMBs), and doing it with 120%+ NRR. But, it’s important to note that Bill.com does not service the very smallest businesses (like a Squarespace does), and it really also serves the lower end of the mid-market.

Payment Solutions 345

Payment Solutions Payments SaaS Payments Payment Services 345

SaaStr

AUGUST 3, 2022

Zoom came out of 2020-2021 with SMBs no longer growing, but a huge boost in the enterprise. Payments still materially accelerating overall growth to 16%, and predicting revenue growth from payments and merchant solutions to more than double that of subscriptions and SaaS. Its gross margins from merchant services are only 42%.

Payment Methods 277

Payment Methods Merchant Services SaaS Payments Payment Solutions 277

Stax

DECEMBER 20, 2023

Although credit cards have been around since the 1950s, in recent years, they’ve started to dethrone cash from its position as king of payment methods. With a whopping 84% of American adults owning at least one credit card (the average is 3 credit card accounts per person), card payments reached $9.43 trillion in 2021.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Features 88

Agile Payments

MARCH 18, 2019

As the idea of Payment Facilitation gains traction, more and more SaaS companies are exploring becoming a PayFac. billion in revenue from payment processing alone by 2021. billion in revenue from payment processing alone by 2021.

SaaS Payments 77

SaaS Payments Payment Services Payment Facilitation Payments 77

SaaStr

OCTOBER 22, 2021

— Jason BeKind Lemkin (@jasonlk) October 18, 2021. Like Bill, it took the process seriously and became a licensed money transmitter itself. Ultimately, this leads to higher margins in payments, but also entails taking on financial risk, fraud risk, and a significant regulatory and legal overhead. #5. 119% NRR from SMBs!!

Scale 321

Scale SaaS Payments SMB Payment Solutions 321

SaaStr

JULY 20, 2022

Today, it crosses dentistry, optometry, veterinary, physical therapy, specialty medical services, audiology, plumbing, electrical, HVAC and other home services. It IPO’d in November 2021 and today is doing $130m ARR, growing a respectable 30% year-over-year. 56% Gross Margins overall, Negative on Hardware and Services.

SaaS Payments 278

SaaS Payments Scale Payment Methods SMB 278

Stax

AUGUST 26, 2024

The year 2024 is a special one for everyone at Stax because we’re celebrating a decade of transforming the payments industry and supporting our merchants and partners with innovative technologies and unwavering support. Launching PayFac and ISV solutions In 2019 and 2020, Stax became more than just a payment processor for merchants.

Payment Services 88

Payment Services Merchant Services Stax Payment Solutions 88

Stax

MARCH 18, 2025

Data cited by Statista shows that the software as service is expected to hit $299 billion by the end of 2025. Join the payments-led growth movement Sign up to keep up-to-date with the latest trends in payments, vertical SaaS, and technology from industry experts. Churn rate. More on that later.

Scale 117

Scale Payment Services Payments SaaS Payments 117

SaaStr

NOVEMBER 21, 2022

An ICP aligns your product, sales, marketing, service, and executive teams to all focus on your highest-value accounts. Brex then scaled its payments business quickly. Then, it built an entire ecosystem around it, soon launching Shopify payments, an embedded payment tool that quickly became the largest piece of the business.

Payments 243

Payments Payment Methods Embedded Payments Scale 243

FastSpring

MAY 15, 2024

District Judge Yvonne Gonzalez Rogers’ order to allow app developers to “steer” users to third-party payment options outside of the native App Store. The evidentiary hearing regarding Apple’s subsequent compliance began on Wednesday, May 8. fees for payment processing. After a rejection by the U.S.

Merchant Services 128

Merchant Services Payment Solutions Payment Services Payments 128

FastSpring

SEPTEMBER 9, 2021

If you sell software internationally, you know how difficult handling cross-border payments can be. From making sure you display the right currencies for each region to supporting your customers’ preferred payment methods, global commerce can come with its fair share of challenges. Table of Contents. What is SEPA Direct Debit?

Payment Methods 148

Payment Methods Merchant Services Payment Solutions Payment Services 148

Unbounce

MAY 13, 2021

As a marketer, your job is to tell folks what makes your product or service the best out there. A good value prop isn’t : A jargon party that doesn’t explain the benefits of your product or service A positioning statement (although this would cover the third part of a value prop, it misses the first two) A catchphrase or slogan.

Payment Methods 143

Payment Methods Payment Solutions Payment Services SaaS Payments 143

Payrix

SEPTEMBER 4, 2024

billion to fraud in 2022, an increase of over 30% from 2021, according to the latest Federal Trade Commission data. For software companies embedding payments into their platform, being aware of payment fraud is critical for several reasons. What is payment fraud? Consumers reported losing close to $8.8

Payments 100

Payments Payment Methods Payment Solutions Payment Services 100

Unbounce

JANUARY 6, 2025

A landing page funnel guides potential customers through your sales process. A landing page funnel is a step-by-step process that guides visitors from initial interest to making a purchase. A landing page funnel aims to drive conversions by guiding visitors through a structured step-by-step sales process.

Sales Funnel 111

Sales Funnel Payment Methods SaaS Payments Payment Services 111

FastSpring

JUNE 21, 2024

Per Kyodo News , “The law will prohibit the providers of Apple’s iOS and Google’s Android smartphone operating systems, app stores and payment platforms from preventing the sale of apps and services that directly compete with the native platforms’ own.” Related Reading News: U.S.

Merchant Services 158

Merchant Services Marketplace as a Service Payments Payment Solutions 158

Neil Patel

JANUARY 26, 2021

If you’re looking to grow your small business in 2021 and beyond, you need to organize every aspect of your company. Here’s how to stay organized in 2021 and beyond. You could also scan documents and upload them to a cloud-based storage service , or simply save them on your computer (be sure to back up your computer regularly!).

Payment Methods 144

Payment Methods Payment Solutions Payment Services Strategy 144

FastSpring

DECEMBER 22, 2020

We helped facilitate record growth for our customers. We have always operated FastSpring with the mantra that “we succeed when our customers succeed,” and it was very gratifying to see so many examples of this in 2020. For the first time, we will process over ten million transactions in 2020. We acquired SalesRight.

Payment Methods 130

Payment Methods Payment Services Payment Solutions Payments 130

Baremetrics

APRIL 6, 2021

Baremetrics Baremetrics is the best alternative to ProfitWell in 2021. Chargebee This platform provides various subscription management services for analytics, end-to-end recurring billing, and auto invoicing. Other features include automated billing payments and integration with several payment providers.

SaaS Payments 93

SaaS Payments Payment Services Payments Payment Solutions 93

SaaStr

OCTOBER 20, 2023

In 2021, they trained GPT3 on Github repositories, produced a model that could code, and released embedding that allowed people to vectorize language and search across it to perform recommendations. Aliisa joined OpenAI in 2021 after leaving WalkMe after 3.5 Some companies like Jasper built on top of OpenAI’s models.

ChatGPT 286

ChatGPT Scale AI Search Sales Hiring 286