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The global market for Software-as-a-Service SaaS has exploded in recent years, with forecasts estimating that this segment will reach $716 billion by 2028.According to Griff Parry, co-founder and CEO at U.K. FinTech firm m3ter, most of these SaaS businesses are deploying subscription-based pricing and have an es
stanley cup tablished stack 鈥?a sales customer relationship management CRM tool, invoicing billing platform, finance system
stanley italy or a combination of those 鈥?to correctly price their goods.However, when these firms move to adopt usage-based pricing 鈥?a model which is gaining increasing traction and involves charging customers only when they use a product or service 鈥?Parry said they realize theyve got a gap in the stack. That [subscription pricing] tooling theyre committed to and dont want to rip it out, doesnt work well in usage-based scenarios, he told PYMNT
stanley germany S in an interview. Thats a gap he said m3ter fills.The U.K. company, which recently emerged from stealth with $18 million in seed funding, provides a data infrastructure solution to software companies that helps them deploy and manage usage-based pricing, optimize their billing processes and better price and sell their products.The firm also offers data science expertise for clients, leveraging the data that they gather to deliver advanced analytics, particularly on sales and finance.Filling the GapsParry stressed, however, that m3ter is not a billing solution. Im always at pains to emphasize were not a billing solution becaus Nvaz WalmartLabs Eyes Startup Partners In India
TransferMate, a cross-border B2B payments provider, announced Tuesday Dec. 18 that it acquired FX payments
stanley france company Devisenwerk, a Swiss-based firm, according to TransferMate.The acquisition will allow TransferMate direct access to one of the most important financial hubs in the world.Sinead Fitzmaurice, a co-founder and CFO of TransferMate, said the acquisition will be good for continued growth of the company. We are delighted to announce this acquisition, which is an important step in the global growth of TransferMate. Devisenwerk is
stanley quencher an exciting and innovative young company, which gives us immediate market entry into Switzerland, allowing us to both pay out and collect in a very significant market for corporates, Fitzmaurice said. Very few payments companies have direct clearing access to Swiss banks and this acquisition provides that for us. Devisenwerk Co-Founder Matthaus Jamroz also said hes excited about the prospect. We are delighted to become part of TransferMate, he said. Combining Devisenwerk Swiss payments licence with the innovative B2B technology and extensive global regulatory network of TransferMate will provide Swiss businesses with a compelling real-time payment solution when moving money in and out of Switzerland. TransferMate has a broad global regulatory footprint, the company said,
stanley termosy and full state-by-state license approval in the United States. With its payment technology solution, the company feels it can soothe businesses concerns about en