article thumbnail

Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy

TechCrunch

More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 In addition to payments company Nets/Concardis, Orderbird’s other investors had included Digital+ Partners and Metro Group, and it had raised around $55 million in all.

SMB 251
article thumbnail

Justworks files to take its SMB-focused, HR-themed SaaS business public

TechCrunch

The Exchange explores startups, markets and money. So, SMB-focused, HR-themed SaaS. In simpler terms, are SMB customers as churn-heavy as we’ve been historically warned by venture capitalists?). (In In simpler terms, are SMB customers as churn-heavy as we’ve been historically warned by venture capitalists?).

SMB 231
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Squarespace files for a direct listing on the NYSE

TechCrunch

Today Squarespace, a well-known software-and-hosting provider for SMB websites, released its S-1 filing. million and net income of $58.2 million and net income of $30.6 million and a net loss of $267.7 Public market investors will have to vet how much they like having zero say in the company’s future direction.

.Net 262
article thumbnail

TechCrunch+ roundup: AI ethics investor survey, B2B SaaS KPIs, don’t frown on down rounds

TechCrunch

.” In his latest TC+ article, Paris Heymann (partner, Index Ventures), shares formulas for calculating Gross Dollar Retention and Net Dollar Retention, two KPIs that provide deep insights into the health of your business. For context, he also included GDR and NDR benchmarks for enterprise and SMB. I’m planning to stay in the U.S.

B2B 160
article thumbnail

401(k) provider Human Interest doubles valuation with $55M fundraise

TechCrunch

It’s gone from adding about $100,000 a month in net new revenue in early 2019 to now adding more than $1 million a month in net new revenue, according to Schneble. There’s so much runway just doing what we’re doing, and that’s taking market share from others.”. million since its 2015 inception.

SMB 221
article thumbnail

How Do You Prove Product-Market Fit? A Pop Quiz

Battery Ventures

Just like your business can’t run without cash, your product won’t succeed unless it genuinely fits your target market. Product-market fit is particularly essential for enterprise-software companies transitioning from an idea to a minimum viable product (MVP) and beyond. Who determines product-market fit? Take the quiz.

article thumbnail

Neobanks’ moves toward profitability could be the path to public markets

TechCrunch

Novo, an SMB-focused neobank, raised $41 million in June. The Exchange explores startups, markets and money. But when we drilled down into its quarterly results , we saw the picture of a fintech company scaling its gross margins and revenues while nearly reaching adjusted net income neutrality by Q4 2020. million last month.

Marketing 260