This new solution from the AI-powered Revenue Insights suite combines performance analysis and predictive analytics to transform subscription, billing and payment data into actionable insights.

Paris, France – 9 September 2025 – Frisbii, the recurring revenue management platform, today announced the launch of its new Predictive Analytics solution within the Revenue Insights suite. With its comprehensive portfolio of solutions, customers can not only monitor key business indicators and revenue performance trends, but also use data to model outcomes and make more informed decisions.

For many companies, fragmented systems and reactive strategies are a barrier to growth. According to a recent study, 70% of companies struggle to link their business strategies to revenue management technology systems – such as CRM platforms – limiting their ability to generate the expected growth. Revenue Insights solves this problem by combining Performance Analytics—real-time dashboards for subscription, billing, and payment data—with Predictive Analytics, which transforms raw data into forecasts and actions.

‘At Frisbii, we believe that powerful insights should not be the preserve of a select few,’ says Gregory Herbert, CEO of Frisbii. “Revenue Insights puts practical, forward-looking analytics within reach of every business, whether it’s growing rapidly or just getting started. It enables smarter decisions every day, with tools that turn data into real impact. “

With Revenue Insights, businesses can simulate their revenue, test strategies before deploying them, and prioritise the actions most likely to contribute to revenue growth and customer retention. Revenue Insights helps businesses detect performance gaps as early as possible, anticipate churn, test pricing scenarios, and plan retention strategies based on data-driven models rather than guesswork.

Powered by AI and machine learning, Revenue Insights Predictive Analytics uses historical subscription, billing, and payment data for each customer to predict churn, pricing outcomes, and acquisition drivers. Models are continuously refined as new data is acquired, and their accuracy is measured by applying backtesting to past results. Customers can also enrich the forecasts with their own data, including CRM or marketing data, to provide an even more comprehensive picture.

The key features of Revenue Insights are as follows:

• Forecasting – Forecast MRR, ARR, attrition, LTV, and acquisition by plan, segment, or campaign
• Scenario testing – Model the impact of pricing and campaign changes before launch
• Trend analysis – Monitor changes in revenue, subscriptions, and customer behaviour over time
• Growth opportunities – Identify untapped segments, at-risk customers, and optimal pricing models
• Retention planning – Detect and anticipate churn risk months in advance and simulate interventions

‘There are many tools that monitor performance, but none of them help companies shape their future using their own data,’ says David McGuinness, Chief Product Officer at Frisbii. “With Revenue Insights, we are the first in the industry to combine monitoring and forecasting on a single platform. Our customers don’t need to have their own team of data scientists – the Frisbii team and our software suite do everything for them. This allows businesses to test pricing strategies before rolling them out, identify months at risk of churn in advance, or simulate acquisition scenarios. In short, they can act faster, plan smarter, and grow their revenue with confidence.”

The new Revenue Insights solution will be offered natively to all Growth and Enterprise customers starting September 9th, 2025. Starter customers will receive a 30-day trial version of Predictive Analytics. The solution is fully integrated into the Frisbii platform and requires no additional login credentials or integration.

To see Revenue Insights in action, join the next Frisbii webinar on 18 September or visit the Revenue Insights website.

This post first appeared on Frisbii and is written by Admin

June 4th, 2025 – Frankfurt, Germany – Frisbii, a leading recurring revenue management platform that handles subscriptions, billing, payments and revenue intelligence, has partnered with Shift4, a global leader in integrated payment solutions, to deliver a seamless unified commerce experience to merchants across the EU, with a special focus on Germany, France, and the Nordics.

By adding Shift4 to their acquirer partner network, Frisbii can provide merchants with seamless, scalable, and efficient payments to grow their businesses and meet the evolving demands of the European market. Shift4 will act as an acquirer for Frisbii merchants by providing processing services to enable businesses within the sports and entertainment, gaming, travel, transit and food industries to accept card payments.

Shift4’s unified commerce solution will complement Frisbii’s platform, which offers multiple payment methods for subscriptions, recurring revenue, or one-time transactions, creating a seamless payment ecosystem for merchants that simplifies financial operations and supports business growth in e-commerce.

The partnership between Frisbii and Shift4 paves the way for merchants to benefit from immediate expansion into new markets:

Key Benefits for European Merchants

1. Localized Expertise: With Shift4’s growing footprint in Europe and Frisbii’s deep understanding of the regional regulatory landscape, including European local payment methods and GDPR compliance, merchants can confidently operate within the EU’s unique frameworks.
2. Market-Specific Features: Tailored solutions for the German, French, and Nordic markets empower merchants in dynamic and experience-driven sectors – such as digital entertainment, travel, and gaming – to seamlessly adapt to local preferences, including language-specific invoicing, regionally preferred payment methods, and customized customer service experiences.
3. Scalability for Growth: The partnership offers scalable solutions for businesses of all sizes, from SMEs to large enterprises, enabling merchants to grow their operations seamlessly across borders.
4. Enhanced Revenue Insights: Through Frisbii’s revenue intelligence analytics, merchants can gain actionable insights into their subscription and payment data to make informed business decisions.

Driving Innovation Across Europe

“Our partnership with Frisbii represents a shared commitment to driving innovation and providing merchants with the tools they need to succeed in today’s competitive landscape,” said Ruben Nielsen, VP Sales and Business Development of Shift4. “Together, we’re enabling businesses to grow their operations and deliver better experiences to customers across Europe.”

Gregory Herbert, CEO of Frisbii, commented, “Expanding our network of acquirers is key to ensuring merchants have the flexibility and coverage they need to scale effectively. Shift4’s capabilities in acquirer underwriting bring a unique advantage, strengthening our ability to offer businesses a seamless and competitive recurring revenue management solution across the EU.”

About Shift4

Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the global leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit shift4.com.

This post first appeared on Frisbii and is written by Admin

Frankfurt, 14 May 2025 – The recurring revenue management platform, Frisbii, is acquiring Infer, a UK-based AI predictive analytics specialist for data-driven predictions. The acquisition is a key strategic addition to Frisbii’s platform.

By integrating Infer’s technology, Frisbii expands its analytics capabilities with AI-powered revenue forecasts to predict churn risks and deliver concrete recommendations for action. This makes Frisbii one of the first in Europe to offer AI-driven analytics tools to companies with recurring payments such as subscription businesses.

Frisbii’s expanded platform is aimed at revenue, customer service, finance and marketing teams across mid-market companies, as well as continuing to support Revenue Operations. Revenue and customer success teams can, for example, easily identify cross sell and upsell opportunities amongst their customer base to maximize lifetime value and proactively manage churn.

Finance teams benefit from more reliable revenue and cash flow forecasting, which is a decisive advantage for companies with recurring revenue models. Marketing teams also benefit by directly identifying which customer groups are particularly relevant and how they can target their campaigns more effectively and optimize marketing spend.

“With this acquisition we are expanding our capabilities in an area that offers enormous potential, especially for companies with recurring revenue business models,” says David McGuinness, Chief Product Officer at Frisbii.

“We know from numerous customer conversations that many companies have large amounts of data but struggle to deliver concrete, business-relevant insights from it.

This is exactly where we come in: we want to support our existing customers even more effectively with solutions that enable informed decisions where gut feeling often prevails.”

Infer group forms new data science team

Founded in 2022, Infer has developed technology that significantly simplifies the development and integration of custom machine learning models for businesses. The platform unifies data access, modelling and compute in a user-friendly platform and transforms even complex analyses into natural language via a conversational interface.

With the acquisition, Infer’s experienced team will form the new data science team at Frisbii, under the leadership of Infer Co-Founder and CEO, Erik Mathiesen-Dreyfus, as Head of Data Science. The goal is to develop a new generation of AI-powered solutions that are specifically tailored to the needs of companies with recurring revenue models that expand Frisbii’s existing platform with intelligent features.

“AI is evolving at breakneck speed—what’s groundbreaking one month can feel outdated the next,” says Erik Mathiesen-Dreyfus, new Head of Data Science at Frisbii.

“Amid this rapid change, it’s becoming clear that the winners won’t just be the big tech players, but also those with strong domain expertise, unique data, and the ability to deeply embed AI into real business processes. That’s exactly where Infer and Frisbii align.

This partnership brings together Infer’s extensive AI expertise and Frisbii’s market position, deep domain knowledge and customer trust—making now the ideal moment to join forces.”

This post first appeared on Frisbii and is written by Admin

Maddyness, the B2B media that has been energizing the French tech and entrepreneurial ecosystem for 10 years, announces that it has extended its contract with Poool and chosen the Frisbii subscription solution to strengthen its subscription strategy and improve reader engagement. Thanks to this new, fully integrated stack, Maddyness will be able to offer an optimized reading experience and better meet the expectations of its community.

A strategic turning point for Maddyness

Since its creation in 2013, Maddyness has established itself as the must-read medium for the French entrepreneurial and tech ecosystem, with a loyal and engaged audience. At a time when access to quality information is becoming a key issue, the publication has chosen to focus on innovative solutions to strengthen its subscription strategy while optimizing the user experience.

Poool: dynamic paywall technology to scale consumer revenue

Poool is a leading solution for monetizing digital content. Thanks to its dynamic paywall “Poool Access”, and engagement platform “Poool Engage”, Poool gives marketing and product teams the autonomy from tech to adapt their content access strategies according to the profile and behavior of each user. Having already worked with over 150 publishers around the world, including The Irish News, ELLE, Euronews and EBRA Media, Poool’s solution is built with industry trends and best practices in mind. 

For Maddyness, it’s an opportunity to offer each reader an engaging experience that’s adapted to their interests, and naturally makes them want to go further.

Frisbii: The powerful platform for flexible subscription management in the publishing sector

Frisbii Media (formerly plenigo) is a benchmark platform for media subscription management. Many major publishers – including Frankfurter Allgemeine Zeitung, BILD, DER SPIEGEL and others – rely on this flexible SaaS solution to implement and develop their subscription strategies.

With Frisbii, Maddyness is rethinking the subscription path to offer a fluid and transparent user experience. From account creation to access management, via a secure payment process, every stage has been designed to simplify the user journey and strengthen the relationship between the media and its readers. In collaboration with Poool, a solid technological stack is being put in place, enabling the French business media to pilot its paywall strategy with agility and build a lasting relationship with its readers.

“For Maddyness, it was essential to rely on a solution capable of supporting our editorial ambitions and our role as a media committed to innovation. By teaming up with Poool and Frisbii, we’ve structured a subscription path that’s smoother, engaging and more in tune with our readers’ expectations. This will enable us to strengthen our ability to provide accurate information, support those driving change, and better connect our communities around the major economic and societal issues of tomorrow.” – Carole Barkatz, Managing Director of Maddyness

With this partnership, Maddyness is supported by a powerful technological ecosystem. The integrated solution sustainably strengthens the media’s digital business model whilst enabling an engaging reader experience, from the first interactions through to subscription and retention.

This post first appeared on Frisbii and is written by Sandra Raith

Frankfurt, 19 March 2025 – Billwerk+, the provider of recurring revenue relationship solutions, is now operating under the name Frisbii.

The name change is part of a comprehensive new brand identity aligned with the company’s strategic shift, aiming to provide customers with a unified platform for managing recurring revenues—including payments, invoicing, subscriptions, and analytics.

This will also integrate plenigo’s subscription management platform, which specialises in media companies.

With its new brand and unified software solution, Frisbii aims to enable companies to develop innovative and sustainable business models and optimise their revenue streams.

With more than 10 years experience, Frisbii now serves more than 4,000 customers in the technology, e-commerce and media sectors and employs a total of around 150 people at five locations across Europe.

Automation, compliance and revenue analytics on an end-to-end platform

Frisbii’s platform streamlines the entire enterprise subscription and payment process, offering a comprehensive solution portfolio that includes subscription management, payment processing, invoicing, analytics, and regulatory compliance.

Organizations gain valuable data insights and revenue analytics, leveraging AI and predictive models to support better decision-making, forecasting, and revenue management.

As a European solution, Frisbii meets all regional requirements of companies in Europe and integrates securely and compliantly into existing technology environments, helping centralize data, optimize operations, and ensure complete transparency.

As part of the rebranding, Frisbii is focused on further enhancing its platform to better support companies. This includes expanding data-driven analytics, advancing automation, and deepening integrations.

Frisbii is also strengthening its presence in Europe by adapting to regulatory changes and expanding its local offering. Another priority is continuous innovation to ensure the platform evolves with market trends and effectively supports businesses of all sizes.

Recurring revenues as a competitive advantage for European companies

‘Companies in Europe currently face an immensely difficult competitive environment, characterized by fragmented markets and funding gaps.

The challenge is to ensure that regulation and profitability do not hinder business growth across Europe, striking a balance between maintaining high standards and enabling customers to innovate and scale efficiently ’ says Gregory Herbert, CEO of Frisbii.

‘With Frisbii, we want to offer companies a springboard to grow and achieve more through recurring revenue. That’s what we stand for with our European expertise – because we are a company originally founded to serve European customers.’

‘Sustainable growth requires reliable revenue. Companies need a scalable and plannable solution that gives them full control over their processes – from customer acquisition to analysis.

This is exactly where our new brand comes in. With Frisbii, we are not only closing the visual gap, but also the technological one,’ says Silke Hoersch, CMO of Frisbii.

’Our goal is to make it easier to manage recurring revenues and enable companies to grow sustainably. Our new brand gets right to the heart of this.’

This post first appeared on Frisbii and is written by Admin

The combined solution portfolio meets the growing demands of the European subscription economy for modern technology and individual customer support.

Frankfurt, January 31, 2023 – Billwerk+, the provider of recurring revenue relationship solutions, today bundles the competencies of three European subscription management companies under an expanded solution portfolio. The Billwerk+ offering combines Reepay’s payment gateway and subscription management platform, as well as Sofacto’s native Salesforce integration with Billwerk’s subscription management technology. With the strengthened brand presence, the company addresses the growing demands of the subscription economy as well as the increasingly consolidating provider market in Europe. Accordingly, Billwerk+ complies with all European standards, such as the EU Data Protection Regulation (EU-GDPR). 

Automation and customer orientation as important cornerstones 

Billwerk+ focuses on the needs of start-ups, medium-sized companies, and corporate groups that operate subscriptions as their primary or secondary business model. The comprehensive solution portfolio aims to automate recurring business and financial processes. The offering ranges from subscription management and recurring billing to the integration of varying country-dependent means of payment.

Billwerk+ gives companies the tools they need to optimize their recurring revenue relationships and transactional purchases, reduce costs and effort, and succeed in today’s competitive subscription economy. According to Billwerk+’s own research, the subscription market in the DACH and Nordic regions has grown by approximately 50 percent in the last 12 months.

From owning to using digital and physical goods 

“As the subscription market continues to grow, so do the demands of the industry – and so do we. That’s because the subscription industry and the sharing economy model are changing the way we do business from a focus on ownership to a focus on usage – whether it’s the music streaming service, the car, the washing machine, or soon perhaps a service like ChatGPT. In the long run, the sharing economy will increase the level of usage of digital and physical goods. This is precisely why it is important to create more and more long-term, customer-oriented relationships via subscription business models,” says Dr. Ricco Deutscher, CEO and co-founder of Billwerk+. “We have therefore decided to combine the strengths of three individually strong brands under the Billwerk+ umbrella, so that our customers receive all the expertise they need from a single source. This allows our customers to focus on their core business and grow faster by realizing their full revenue potential – while we take care of the rest,” continues Dr. Ricco Deutscher. 

“The regional ties of the three previously separate European brands will be retained at Billwerk+. This is because local and individual support is of central importance to our customers and partner companies. With Billwerk+, we have created a company that lives partnership and has a strong focus on customer orientation and excellent service,” says Robert Mygind, CCO of Billwerk+ and former CEO of Reepay. 

The rebranding of the companies follows the merger of the French provider Sofacto in January 2022 and the Danish payment services provider Reepay in November 2021 with Billwerk, a German subscription management, recurring billing, and payment services provider. As Billwerk+, the three companies bring together more than 150 subscription experts at five European locations under one roof. Billwerk alone was among the 30 fastest-growing technology companies in Germany in 2021 and 2022, according to the “Deloitte Technology Fast 50” ranking, with a percentage revenue growth of 442.44 percent over the past four years. 

Billwerk+ and Sofacto are now Frisbii – Read more to find out what that means

This post first appeared on Frisbii and is written by Sonia ElAlami

White-label solution from Ximedes and Billwerk+ opens up subscription business model for local transport and ensures competitive advantage in the D-Ticket market

Frankfurt am Main / Haarlem, 28 February 2023 – The Deutschlandticket (D-Ticket for short) makes nationwide travel by bus and train possible with a monthly subscription. To make it easier for regional transport associations and companies to implement the D-Ticket by the target date of 1 May 2023, Ximedes and Billwerk+ have developed a new complete solution. This combines the white-label solution from Ximedes (subscription management, payments, ticketing, and an app) with the subscription technology from subscription management provider Billwerk+. German public transport companies such as Verkehrsverbund Rhein Mosel (VRM) already use this solution. Ximedes TapConnect is used for the sale of all barcode tickets in the Netherlands and recorded no downtime in 2022.

D-Ticket app in the brand design of the transport associations

The Deutschlandticket solution from Ximedes and Billwerk+ offers transport associations comprehensive functions such as subscription management, payments, ticketing, and a user app. Passengers register once via the app and use it to book a D-ticket in the form of a barcode. The barcode ticket fully complies with VDV standards and can therefore be read with an electronic device of any transport association in Germany. The personal information of the passengers is stored exclusively on the German servers of Billwerk+, so that the protection of the data is guaranteed at all times.

Since no integration into existing systems is required, transport associations can put the solution directly into operation. As a white-label product, both the back-office system and the end-user app can be designed in your own style. In this way, transport associations can offer the Deutschlandticket under one brand alongside their existing transport apps. In this way, the users of the D-ticket remain customers of the regional transport associations, as they do not have to switch to apps from other providers.

 “Ximedes’ e-ticketing solution TapConnect has become a de facto standard for barcode travel in the Netherlands,” says René Hodde, CEO of Ximedes. “We have adapted TapConnect to German requirements and made it fit for the Deutschlandticket together with Billwerk+. With a user-friendly app in the design of the respective transport association, passengers will be able to travel easily throughout Germany from May 1^st, 2023.”

“Offering the Deutschlandticket on a subscription basis clearly shows that the German mobility industry has now also arrived in the subscription economy,” says Ricco Deutscher, CEO of Billwerk+. “Subscription business models are becoming the standard in ticket purchasing. Especially with the offer of the Deutschlandticket, transport associations create long-term customer relationships and enable their passengers to travel throughout Germany without regional borders with one ticket. In this way, local public transport embodies, even more, the original principle of the sharing economy – to use transport goods collectively.”

Transport associations can contact Ximedes or Billwerk+ at any time to implement the solution quickly and easily: https://www.tapconnect.io/deutschland-ticket

This post first appeared on Frisbii and is written by Admin

New marketing expertise at Billwerk+: Silke Hoersch expands the executive suite and joins the management team with immediate effect as the new VP Marketing.  

Frankfurt am Main, 10 March 2023 – Billwerk+, a leading European provider of subscription management, recurring billing and payment solutions, announces that Silke Hoersch will join the company as Vice President Marketing. In this newly created position, Hoersch will lead Billwerk+’s marketing in the EMEA region and support the company’s growth plans.  

Silke Hoersch brings extensive experience to the Billwerk+ leadership team  

Silke Hoersch brings more than 20 years of professional experience in marketing, sales, business development and presales. With more than 10 years of experience in leadership positions in the B2B SaaS tech industry, she specialises in ERP, CRM and web shops. Her role at Ungerboeck included driving the transition to a SaaS provider.  

“I am thrilled to be part of the Billwerk+ leadership team and to support the evolution of the newly created brand,” said Hoersch. “In the last 2.5 years before Billwerk+, I have worked with various tech start-ups and scale-ups. Many don’t even know that there is a dedicated solution to manage the subscription business and go through cumbersome and time-consuming ERP implementations. When I saw Billwerk+’s solution, I knew immediately that I wanted to become a Brand Ambassador for Billwerk+.”  

Billwerk+ sets its sights on expansion with Silke Hoersch   

With her extensive experience in the international B2B tech environment, Silke Hoersch will help Billwerk+ continue to drive sustainable growth in the European subscription economy. “We are delighted to welcome Silke Hoersch to the Billwerk+ management team as VP Marketing,” said Dr Ricco Deutscher, CEO of Billwerk+. “With her deep expertise in the B2B SaaS Industry and her international experience, she will strengthen our marketing team and help us achieve our growth plans.”  

With the appointment of Silke Hoersch as VP Marketing, Billwerk+ again demonstrates its commitment to sustainable growth and expanding its leadership position in the European subscription economy.  The company is committed to helping its customers optimise their subscription management and payment processes and generate sustainable recurring customer relationships.  

Billwerk+ is now Frisbii – Read more to find out what that means

This post first appeared on Frisbii and is written by Admin

Frankfurt, May 23, 2023 – Billwerk+, a leading European provider of subscription management, recurring billing and payment solutions, is strengthening its management team with immediate effect by adding two new positions: David McGuinness as Chief Product Officer (CPO) and Martyn Arbon as Chief Technology Officer (CTO). In their new roles, they will drive technological innovation of the Billwerk+ platform and further promote the company’s market position.

“With our newly created Billwerk+ brand, we are continuously expanding our leadership position in the European subscription economy. With David McGuinness and Martyn Arbon, we were able to attract two experienced managers from the technology sector to our management level, which will strengthen our product quality as well as our sustainable growth. We are very pleased to welcome them to our management team.”

Ricco Deutscher, CEO of Billwerk+.

Experienced B2B SaaS expert drives product vision forward

David McGuinness studied Computer Science and Software Engineering at Maynooth University and brings with him many years of experience in the B2B SaaS sector. He built up the product organisation at PSI Mobile as Product Manager and was then responsible for the product strategy and roadmap as Head of Product at Ding.com. Most recently, as VP Product & Marketing at Roomex, he led the product, marketing and design teams and drove the product vision for the SaaS platform.

“The subscription economy is a rapidly changing world. Five years ago, I only had a very limited number of subscriptions – now coffee, wine, and pet food are also available as subscriptions. The corona pandemic has rapidly accelerated the development of e-commerce and, accordingly, the subscription economy,” says David McGuinness, CPO of Billwerk+. “As one of Europe’s leading providers, Billwerk+ has had an impressive growth story. I look forward to developing the world-class portfolio around payments and subscription management and creating a seamless user experience.”

Long-standing C-level executive steers technology implementation

Martyn Arbon has more than 16 years of experience as CTO of technology companies in high-growth B2C, B2B and SaaS industries. He was responsible for the technological implementation of numerous SaaS platforms of companies such as Investis, Tungsten Network as well as StepStone and subsequently Lumesse. The latter emerged from Stepstone’s SaaS business after its acquisition by Axel Springer. He studied Computer Science and Business Studies at Northumbria University.

“Billwerk+ has a strong product offering, equally strong management and a clear strategy – that’s what impressed me straight away. As CTO, I am all the more excited to play a key role in delivering the product vision and strategy technologically,” said Martyn Arbon, CTO of Billwerk+.

From Subscription Management Platform to Revenue Management Platform

With the expansion of C-Level Management, Billwerk+ underlines its commitment to expanding its leadership position in the European subscription industry. In addition, the company is also promoting the implementation of its product vision from a subscription management platform to a revenue management platform that combines data and intelligence for sustainable recurring customer relationships.

Billwerk+ is now Frisbii – Read more to find out what that means

This post first appeared on Frisbii and is written by Sonia ElAlami

Frankfurt & Kempten, Germany, July 4th, 2023 – Billwerk+, a leading pan-European provider of subscription management and recurring billing software solutions, today announces that plenigo, a German subscription management and recurring billing software solution provider for publishing and media companies, is joining the group.

Founded in 2013, plenigo has developed into one of the leading SaaS providers for reader-funded business models of modern publishers in the DACH region. The software solution includes subscription sales control, recurring billing, payment processing control, as well as numerous sector-specific functions. Headquartered in Kempten in the Allgäu region, the company has additional offices in Berlin and Hamburg. Currently, plenigo serves almost 70 customers, including some of the most renowned German media houses such as Frankfurter Allgemeine Zeitung, SPIEGEL, Heise Medien, Süddeutsche Zeitung, and Ebner Media Group.

The addition of plenigo’s solution strengthens the group’s presence in the publishing and media sector, which has a long-lasting need for advanced subscription management and recurring billing software solutions. plenigo’s product is highly complementary to Billwerk+’s product offering in the digital and print publishing sectors and offers potential for international growth by leveraging Billwerk+’s existing strong presence across DACH, the Nordics and France.

PSG Equity (“PSG”), a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth and build scale across Europe and the US, will continue to hold a controlling stake in Billwerk+.

Following the transaction, plenigo’s co-founders Thorsten Petter and Maximilian Schweitzer will both become shareholders of the group and continue to actively support the continued development of the platform.

Dr. Ricco Deutscher, CEO and Co-Founder of Billwerk+, said: “Over the past few years, plenigo has driven technological transformation in the German publishing world in an impressive way. We are pleased that by adding plenigo to the group, we can further accelerate this development and support publishers in Germany and Europe in successfully mastering the transformation to digital reader financing. Together within Billwerk+, this creates new options for current plenigo customers and significant growth opportunities for the group as we move towards our objective of creating a pan-European champion for subscription management, recurring billing, and payments software.”

“This combination is the right step to give our customers the development speed and perspective they need in a dynamic market to transform their technology landscape,” said Thorsten Petter, CEO and Co-Founder of plenigo. “In a strong team with a like-minded vision, we want to drive the technological foundation for future-orientated business models of reader financing for publishers, both in Germany and Europe. We look forward to working with the Billwerk+ and PSG teams to achieve this objective.”

Romain Railhac, Managing Director at PSG, said: “The fragmented nature of the European subscription management and recurring billing market continues to provide a significant opportunity to develop a genuinely pan-European leader. By adding plenigo to the Billwerk+ group, we have gained a significant presence in the publishing and media sector in DACH and enhanced the platform to support Billwerk+’s ongoing growth and development into a scaled pan-European player.”

plenigo is the third acquisition made by Billwerk+ since PSG’s initial investment in May 2021 following the combination with Reepay, a leading Danish cloud-based SaaS platform that allows companies to manage their payment processes and subscriptions, in November 2021, and the acquisition of Sofacto, a leading French Salesforce-based subscription management, and recurring billing application provider, in January 2022.

The financial terms of the transaction are not disclosed.

Billwerk+ and plenigo are now Frisbii – Read more to find out what that means

About PSG Equity

PSG Equity (“PSG”) is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 120 companies and facilitated over 430 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Paris, Madrid and Tel Aviv.

This post first appeared on Frisbii and is written by Admin