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A cut above the rest

Payrix

The company’s clients depend on cash flow, and having a credit card on file means technicians in the field can immediately invoice from their mobile app and see cash in their bank account 24 hours later. We realized how much opportunity we bring to the table, as the nature of our industry is reliant in large part on recurring payments.

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Forecasting Fintech’s Future and Keeping Culture Alive: A Q&A with the CEOs of BILL and Mercury

Andreessen Horowitz

At a16z’s recent Connect/Fintech event, a16z Partner Alex Immerman sat down for a broad conversation with Immad Akhund , co-founder and CEO of banking startup Mercury , and René Lacerte, founder and CEO of financial services company BILL. But they do trust their accountants, and they do trust their banks.

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Pricing and Packaging Your B2B or Prosumer Generative AI Feature

Andreessen Horowitz

A good way to learn more about your customer personas and segments is through interviews, surveys, and sales team data. Interviews. If you have a small number of customers, interviewing them can give you a better signal into who’s interested in buying your product and what products they might be interested in in the future.

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My First 16: Launching a New Category with Modern Treasury’s Dimitri Dadiomov

Andreessen Horowitz

About My First 16 Our new video podcast series My First 16 features interviews with founders and CEOs of fintech companies about how they acquired their initial customers and the hard lessons they learned along the way. And so the MVP really was an API to initiate and reconcile payments, specifically, ACH and wires is what we started with.

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B2B SaaS Funnel Conversion Benchmarks

User Pilot

Repeat purchase: Users that successfully adopt your tool and are enjoying it will keep renewing their subscriptions. While you can’t take the figures to the bank as many variables are involved when surveying companies, you can learn something from the drastic conversion drop. What is a good conversion rate in SaaS?

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Top 7 Reasons For Customer Churn in SaaS and Tips to Address Them

User Pilot

4: Customers churn when they don’t get enough value to keep renewing their subscriptions. 6: A negative churn can happen when a customer’s bank transaction fails or their credit card expires. To reduce involuntary churn , notify users with emails or notification banners before their subscription expires. #7:

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7 Lessons Helping Start Pardot, SalesLoft and Calendly (Video + Transcript)

SaaStr

We worked closely with Silicon Valley Bank, and we got a line of credit based on a multiple of our recurring revenue. And so, as the business grew, the line of credit grew and we just kept burning all the money that we could get from the bank. And at time of sale, we had burned all $3 million. And it worked great.