Company News – Frisbii https://frisbii.com Subscription Management and Payments Thu, 30 Oct 2025 10:36:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://frisbii.com/wp-content/uploads/2024/11/FRISBII_ISOTYPE_BLUE-RIBBON-150x150.png Company News – Frisbii https://frisbii.com 32 32 Frisbii Appoints Tarmo Van Der Goot as New Chief Revenue Officer https://frisbii.com/blog/billwerk-appoints-tarmo-van-der-goot-as-new-chief-revenue-officer/ https://frisbii.com/blog/billwerk-appoints-tarmo-van-der-goot-as-new-chief-revenue-officer/#respond Thu, 10 Oct 2024 04:45:00 +0000 https://frisbii.com/docs/billwerk-appoints-tarmo-van-der-goot-as-new-chief-revenue-officer-2/ Frisbii

Frisbii Appoints Tarmo Van Der Goot as New Chief Revenue Officer

Fintech Veteran Joins Frisbii to Lead Sales Strategy and Strengthen Integrated Solutions Amid Rising Demand for Subscription Management and Billing Innovation.

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Frisbii Appoints Tarmo Van Der Goot as New Chief Revenue Officer

[Frankfurt am Main, October 10th, 2024] – Frisbii, a leading provider of subscription management, recurring billing, and payment solutions, is proud to announce the appointment of Tarmo Van Der Goot as its new Chief Revenue Officer (CRO). Van Der Goot brings extensive expertise from his leadership roles in the Fintech sector, where he has driven scalable growth and built high-performing teams across dynamic, technology-driven environments.

Frisbii continues to grow and innovate at a pivotal time, and Van Der Goot’s appointment marks a significant milestone in the company’s journey to expand its integrated solutions and support businesses adapting to the evolving subscription economy. His deep understanding of both frontline sales execution and strategic revenue leadership will be key as Frisbii navigates this next phase of transformation.

Gregory Herbert, CEO of Frisbii, commented on the new appointment:
“We are excited to welcome Tarmo Van Der Goot to our leadership team as CRO. His extensive background in Fintech, combined with his hands-on experience in sales and growth strategy, make him uniquely positioned to lead our sales division during this critical period of expansion. With Tarmo on board, we are confident that Frisbii will continue to accelerate its mission to provide innovative, flexible solutions that empower businesses in the subscription economy.”

Van Der Goot’s passion for innovation and his drive to build collaborative, high-performing teams align perfectly with Frisbii’s values and strategic vision. His appointment comes at an exciting time as Frisbii continues to integrate its business units, creating a unified platform that enhances customer success and delivers greater impact through its subscription and payment solutions.

Tarmo Van Der Goot shared his enthusiasm about joining Frisbii:
“I was drawn to Frisbii because of its commitment to innovation and the people driving that vision forward. The opportunity to help shape a unified solution as we integrate multiple companies is an exciting challenge that allows Frisbii to leverage an integrated approach to meet evolving customer needs with greater flexibility and impact.” Tarmo Van der Goot continues “It is especially exciting that recurring billing software is shifting from a ‘nice-to-have’ to a ‘must-have,’ becoming mission-critical for organizations aiming to streamline operations. Many companies are realizing the need to outsource vital parts of their business to stay competitive, efficient, and adaptable in a rapidly changing market. Billwerk+ is perfectly positioned to support businesses through this shift, offering solutions for subscriptions and payments that empower them to adapt and thrive.“

Van Der Goot’s expertise in nurturing talent and crafting data-driven strategies is set to further strengthen Frisbii’s customer-centric approach. As businesses increasingly recognize the need to outsource critical parts of their operations, Frisbii offers a flexible, scalable platform that enables organizations to thrive in a fast-changing marketplace.

Discover Frisbii – and see if we’re a fit for your company

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Frisbii Empowers Digital Business Growth with Usage-Based Billing https://frisbii.com/blog/billwerk-empowers-digital-business-growth-with-usage-based-billing/ https://frisbii.com/blog/billwerk-empowers-digital-business-growth-with-usage-based-billing/#respond Thu, 14 Nov 2024 05:00:00 +0000 https://frisbii.com/docs/billwerk-empowers-digital-business-growth-with-usage-based-billing-2/ Frisbii

Frisbii Empowers Digital Business Growth with Usage-Based Billing

This innovative approach enables companies to charge based on actual consumption, creating a flexible model that aligns pricing with delivered value.

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Frisbii

Frisbii Empowers Digital Business Growth with Usage-Based Billing

FRANKFURT, November 14th 2024 — In a digital economy where businesses are rapidly evolving to meet changing customer expectations, Frisbii introduces usage-based billing to its Recurring Revenue Management platform. 

“Today’s customers expect pricing that perfectly matches their needs,” says Gregory Herbert, CEO at Frisbii. “We’re giving businesses the tools to deliver exactly that—turning billing from a transaction into recurring revenue – a growth engine that drives mutual success.”

By implementing usage-based billing, companies across SaaS, media, entertainment, and e-commerce can strengthen customer relationships through consumption-driven pricing. Recent market data validates this evolution in monetization models, with companies embracing usage-based billing seeing remarkable results that point to a deeper change in customer relationships.

Frisbii’s recurring revenue management platform adapts to each business’s need through multiple pricing models including Flat, Step, Volume, and Revenue Share. This flexibility empowers businesses to create pricing strategies that grow naturally with their customers’ success, fostering long-term relationships and increasing customer lifetime value, rather than just one-time transactions.

“The future of business is about growing together with your customers,” notes David McGuinness, CPO at Frisbii. “When you can measure and bill for real value delivered, you create a foundation for sustainable growth that benefits everyone.”

For finance and revenue operations teams, the platform also transforms recurring billing from a back-office function into a strategic business advantage. By connecting customer consumption directly to value delivered, teams gain the insights needed to drive business growth while delivering a subscription and checkout experience modern customer’s demand.

Across different sectors, the impact is clear:

Media companies can create sophisticated monetization models based on: 

  • Streaming minutes consumed across devices
  • Premium content access and pay-per-view events
  • Concurrent user streams per account
  • Content library size and exclusivity tiers
  • Download limits for offline viewing
  • Ad-free vs. ad-supported consumption levels

SaaS providers can implement dynamic pricing models based on: 

  • API calls and data processing volume
  • Number of active users or seats
  • Storage capacity and bandwidth usage
  • Feature activation and module access

E-commerce businesses can optimize revenue through: 

  • Transaction volume-based payment processing fees
  • Tiered shipping rates based on delivery volumes
  • Marketplace commission structures that scale with sales
  • Platform usage fees tied to order frequency

Frisbii’s solution goes beyond mere billing—it provides actionable intelligence that shapes future growth. Through advanced analytics, real-time data visualization, and performance monitoring, businesses gain deep, granular insights into customer behavior, usage patterns, and value creation.

This enables companies to proactively identify opportunities for upselling, personalize customer experiences, and optimize pricing strategies to drive profitability.

By translating data into strategic insights, Frisbii empowers businesses to build more resilient and adaptable business models, anticipate customer needs, and respond swiftly to market changes, positioning them for sustained success in a dynamic digital economy.

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Frisbii achieves PCI DSS 4.0 compliance https://frisbii.com/blog/billwerk-achieves-pci-dss-4-0-compliance/ https://frisbii.com/blog/billwerk-achieves-pci-dss-4-0-compliance/#respond Tue, 05 Nov 2024 05:00:00 +0000 https://frisbii.com/docs/billwerk-achieves-pci-dss-4-0-compliance-2/ Frisbii

Frisbii achieves PCI DSS 4.0 compliance

Frisbii achieves PCI DSS 4.0 compliance, reinforcing commitment to cutting-edge payment security and subscription management.

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Frisbii

Frisbii achieves PCI DSS 4.0 compliance

Frankfurt, Germany – [5.11.2024] – Frisbii, a leading provider of recurring revenue management solutions, proudly announces that it has successfully achieved the Payment Card Industry Data Security Standard (PCI DSS) 4.0 Compliance. This milestone underscores Frisbii’s unwavering dedication to maintaining the highest payment security and subscription management standards for its customers in an increasingly complex digital payment landscape.

Having been compliant with PCI DSS 3.2.1 already, Frisbii has now elevated its security posture by attaining the 4.0 version, ensuring even greater protection for customer data. The PCI Security Standards Council introduced PCI DSS version 4.0 at the end of March 2022, reflecting a significant update aimed at strengthening security controls around credit card transactions.

Jonas Hornung, VP of Technical Operations at Frisbii, commented, “PCI DSS 4.0 sets a new benchmark for protecting sensitive cardholder data, which is crucial in markets like Europe where card transactions remain a dominant payment method. While PCI DSS focuses on card security, the digital payments ecosystem is evolving rapidly. Frisbii is committed not only to complying with the highest security standards but also to anticipating and addressing new challenges in the wider payment landscape to keep customers’ data safe.”

With the rise of subscription-based services, securing payment information across multiple billing cycles is essential. Frisbii has designed its solutions to meet the stringent requirements of PCI DSS 4.0, allowing businesses to manage their recurring billing processes with confidence, knowing that compliance is built into their operations. Additionally, Frisbii supports a wide range of EU payment methods, offering flexibility for businesses to accept and manage various payment options securely.

Frisbii understands that increasing security layers can sometimes lead to customer frustration, potentially causing cart abandonment or transaction drop-offs if the process becomes too cumbersome. For subscription-based businesses, maintaining a smooth yet secure billing experience is critical to customer retention. Frisbii champions the idea that organizations can achieve top-tier security and compliance without compromising the user experience. With its innovative technology, Frisbii ensures that consumers can complete transactions securely and with ease—whether it’s a one-time payment or a recurring subscription.

As part of Frisbii’s forward-looking approach, the integration of AI and machine learning into payment security processes is being explored to further enhance fraud detection and reduce payment-related risks. This will help ensure that the company remains at the forefront of security innovations in the recurring billing space.

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Press Release: Frisbii adds PayPal Recurring Payments to expand customer choice https://frisbii.com/blog/press-release-billwerk-adds-paypal-recurring-payments/ https://frisbii.com/blog/press-release-billwerk-adds-paypal-recurring-payments/#respond Thu, 26 Sep 2024 06:00:30 +0000 https://frisbii.com/docs/press-release-billwerk-adds-paypal-recurring-payments-2/ Frisbii

Press Release: Frisbii adds PayPal Recurring Payments to expand customer choice

With the integration of PayPal Recurring Payments, Frisbii is expanding its comprehensive solution for accepting payments online, making the payment process even more seamless for its customers and their end-users.

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Press Release: Frisbii adds PayPal Recurring Payments to expand customer choice

Collaboration allows Frisbii merchants to increase recurring revenue through the PayPal method.

Germany, September 26, 2024 – Frisbii, a leading provider of Recurring Revenue Management solutions, including subscription plans, recurring billing, and payment solutions, is pleased to announce the integration of PayPal Recurring Payments into its platform. This addition enhances the platform’s growing list of payment options, providing greater flexibility and choice for customers.

With the integration of PayPal Recurring Payments, Frisbii is expanding its comprehensive solution for accepting payments online, making the payment process even more seamless for its customers and their end-users. Starting in August 2024, Frisbii customers can easily set up PayPal Recurring Payments and begin experiencing benefits, such as:

  1. Increased payment flexibility: Customers now have more payment options, ensuring a smoother and more personalized experience.
  2. Enhanced customer satisfaction: The seamless integration of PayPal makes it easier for end-users to manage their subscriptions and recurring payments.
  3. Streamlined revenue management: Businesses can manage their recurring revenue more efficiently, with Frisbii & Paypal handling the complexities of recurring transactions.

Frisbii continues to lead the way in providing innovative solutions that simplify and enhance the recurring revenue management process, ensuring that businesses can focus on growth while offering their customers the best possible payment experience.

Through this collaboration, Frisbii & PayPal customers will have the ability to:

  1. Automatically bill: Once an end customer subscribes to a plan, PayPal will automatically charge their account at the set interval without the customer needing to manually approve each payment.
  2. Setup flexible intervals: Payments can be scheduled at different intervals, such as daily, weekly, monthly, or annually, depending on the business’s needs.
  3. Manage customers: Merchants can manage subscriptions directly from their Optimize account, including the ability to cancel or modify billing agreements.
  4. Receive notifications: Both the merchant and the customer receive notifications regarding subscription activities, such as upcoming payments, cancellations, or changes.
  5. Enhance security: Frisbii and PayPal handle the storage and security of customer payment information, reducing the risk for businesses and simplifying compliance with payme,nt processing regulations.

Frisbii chose to integrate PayPal Recurring Payments due to PayPal’s global reach, trusted reputation, and robust security features, which align perfectly with our commitment to providing secure, reliable, and flexible payment solutions. Our unique integration efforts ensure a seamless and efficient setup process, allowing businesses to quickly leverage PayPal’s capabilities for enhanced customer satisfaction and streamlined revenue management.

Quote: David McGuinness, Chief Product Officer at Frisbii

This partnership not only expands our offering of payment options but also reinforces our commitment to delivering the most secure and seamless billing experiences for our customers. By choosing PayPal, we are ensuring that our merchants can offer their customers a trusted and globally recognized payment solution, further simplifying the journey from subscription to recurring revenue.”

Together, Frisbii and PayPal are providing a solution that gives merchants the foundation for ongoing business success.

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Billwerk+ Welcomes New CFO Olivia Senneville and COO Shina Sondhi https://frisbii.com/blog/new-cfo-olivia-senneville-and-coo-shina-sondhi/ https://frisbii.com/blog/new-cfo-olivia-senneville-and-coo-shina-sondhi/#respond Wed, 04 Sep 2024 04:00:00 +0000 https://frisbii.com/docs/new-cfo-olivia-senneville-and-coo-shina-sondhi-2/ Frisbii

Billwerk+ Welcomes New CFO Olivia Senneville and COO Shina Sondhi

[Frankfurt am Main, September 4th, 2024] – Billwerk+, a leading provider of subscription management, recurring billing, and payment solutions, is pleased to announce the appointment of two new key members to its leadership team. Olivia Senneville joins as the Chief Financial Officer (CFO), and Shina Sondhi has been named Chief Operating Officer (COO). Both bring […]

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Frisbii

Billwerk+ Welcomes New CFO Olivia Senneville and COO Shina Sondhi

[Frankfurt am Main, September 4th, 2024] – Billwerk+, a leading provider of subscription management, recurring billing, and payment solutions, is pleased to announce the appointment of two new key members to its leadership team. Olivia Senneville joins as the Chief Financial Officer (CFO), and Shina Sondhi has been named Chief Operating Officer (COO). Both bring a wealth of experience and a shared passion for driving growth and operational excellence in dynamic and fast-growing environments.

Gregory Herbert, CEO of Billwerk+, commented on the new appointments: “We are thrilled to welcome Olivia Senneville as new CFO and Shina Sondhi as COO at Billwerk+. Their extensive expertise and leadership will be invaluable as we continue to drive our growth and innovation. It is particularly exciting to have two exceptional women leaders joining our executive team, underscoring our dedication to teaming up with exceptional talent and leadership across our organization. With Olivia and Shina on board, we are confident in our ability to navigate the future with strength and vision.”

Olivia Senneville, an accomplished finance leader with extensive experience across multiple industries, brings her strategic expertise to Billwerk+ at a pivotal time in the company’s growth journey. Having honed her financial acumen at prestigious firms like JP Morgan, Kearney, and Chanel, Olivia spent the last 13 years at Toluna, where she played a critical role in steering the company’s financial strategy. Her deep understanding of digital platforms and market dynamics makes her ideally suited to lead Billwerk+’s financial strategy as the company continues to scale.

Commenting on her new role, Olivia Senneville said, “Billwerk+ is a highly dynamic international company at the forefront of a rapidly evolving market. The company’s competitive products, visionary strategy, and fantastic teams made this move feel like a heartfelt ‘coup de coeur.’ I am excited to leverage my expertise in strategic thinking, financial management, and integration to support Billwerk+’s journey towards sustainable growth and operational excellence.

Shina Sondhi brings a dynamic and transformative approach to her role as COO. With a background that spans management consulting at Deloitte to leadership positions at MuleSoft, Salesforce, and most recently, Dataiku, Shina has a proven track record of driving operational excellence and fostering collaboration across global teams. Her experience in scaling operations and optimizing processes is set to further solidify Billwerk+’s position as a leader in the subscription economy.

Shina Sondhi shares her views on joining Billwerk+, stating, “As a Chief Operating Officer, I am excited about the prospect of optimizing operational efficiency, building customer-centric operations, enhancing strategic alignment, and enabling teams to perform at their best. I was drawn to Billwerk+ because of its strong reputation as an innovator in subscription management and payment solutions as well as its robust and flexible platform that meets the diverse needs of its customers. The company’s commitment to empowering businesses with flexible and scalable solutions aligns with my passion for driving operational excellence in fast-growing environments.”

The appointments of Olivia Senneville and Shina Sondhi mark a significant step in Billwerk+’s strategic vision for the next phase of its growth. Both leaders will play crucial roles in driving the company’s mission to empower businesses with flexible, scalable solutions that meet the evolving needs of the subscription economy.


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

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Billwerk+ Appoints Gregory Herbert as New CEO https://frisbii.com/blog/billwerk-appoints-gregory-herbert-as-new-ceo/ https://frisbii.com/blog/billwerk-appoints-gregory-herbert-as-new-ceo/#respond Wed, 03 Apr 2024 05:00:00 +0000 https://frisbii.com/docs/billwerk-appoints-gregory-herbert-as-new-ceo-2/ Frisbii

Billwerk+ Appoints Gregory Herbert as New CEO

Billwerk+, a leading European provider of subscription management, recurring billing, and payment solutions, is pleased to announce the appointment of Gregory Herbert as its new Chief Executive Officer. With immediate effect, Gregory Herbert takes over the role from Dr. Ricco Deutscher, founder of Billwerk+, long-term CEO and pioneer in the European Subscription Economy.

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Frisbii

Billwerk+ Appoints Gregory Herbert as New CEO

Propelling the European Subscription Management Leader into the Next Phase of Growth

[Frankfurt am Main, Germany, April 3rd, 2024] – Billwerk+, a leading European provider of subscription management, recurring billing, and payment solutions, is pleased to announce the appointment of Gregory Herbert as its new Chief Executive Officer. With immediate effect, Gregory Herbert takes over the role from Dr. Ricco Deutscher, founder of Billwerk+, long-term CEO and pioneer in the European Subscription Economy.

Gregory Herbert is a seasoned executive with over 20 years of experience in the technology sector with a wealth of expertise in driving growth, innovation, and operational excellence.

Gregory Herbert’s career includes prominent leadership positions at industry-leading technology companies like LexisNexis and PROS. Before joining Billwerk+, Gregory served as Senior Vice President and General Manager of the EMEA region at Dataiku, a leading AI and machine learning software platform. During his nearly 7-year tenure, he spearheaded strategic initiatives that expanded market presence, propelling the region’s revenue growth from early stage to over $120 million.

Renowned for cultivating high-performing teams and fostering collaboration, Gregory Herbert’s leadership style, characterized by strong human values, has earned industry recognition. He is passionate about scaling organizations, leveraging technology to address real-world challenges, and making a meaningful impact on customers and communities.

Billwerk+’s dedication to leveraging cutting-edge technologies to support business-relevant use cases resonates deeply with the vision of its new CEO for driving innovation and growth in the European subscription economy.

“I envision Billwerk+ as an indispensable partner for businesses navigating the evolving landscape of subscription-based commerce in Europe and beyond, offering actionable insights and predictive analytics to optimize revenue management and drive growth. Building upon our comprehensive ecosystem of partners, we will continue to empower businesses to thrive and further enhance our value proposition.“ says Gregory Herbert about his vision for Billwerk+”.

As I embark on this new chapter with Billwerk+, I am committed to upholding the core values of trust, responsibility, transparency, and customer-centricity. Together with the dedicated and experienced team at Billwerk+, I am confident that we will continue to deliver exceptional value to our diverse client base and drive positive outcomes in the subscription economy.”  Gregory Herbert continues.

Following the strategic mergers with Reepay, Sofacto, and plenigo in the last years, Gregory Herbert’s appointment as CEO marks an exciting new chapter for Billwerk+. This positions the company for continued success and growth under his leadership while unlocking new opportunities and driving meaningful impact for customers and the European subscription economy.

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

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Press Release: Billwerk+ introduces new product suite https://frisbii.com/blog/press-release-billwerk-introduces-new-product-suite/ https://frisbii.com/blog/press-release-billwerk-introduces-new-product-suite/#respond Tue, 12 Mar 2024 11:00:57 +0000 https://frisbii.com/docs/press-release-billwerk-introduces-new-product-suite-2/ Frisbii

Press Release: Billwerk+ introduces new product suite

Billwerk+ introduces new product suite to address customer needs more precisely and strengthen the European Subscription Economy

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Frisbii

Press Release: Billwerk+ introduces new product suite

Billwerk+ introduces new product suite to address customer needs more precisely and strengthen the European Subscription Economy.

Frankfurt am Main, Germany, March 12th 2024 – Billwerk+, a leading provider of subscription management and payment solutions, announces today the launch of its new product portfolio. The product trio consisting of Billwerk+ Pay, Billwerk+ Optimize, and Billwerk+ Transform addresses a wide range of subscription management, billing, and payment customer needs and is industry-agnostic and deployable across Europe for companies of all sizes.

The product suite has been developed as a holistic solution covering the entire value chain for subscription business models. Companies are to be supported in making their subscription and payment business more efficient, optimizing internal processes, proactively preventing customer churn, and maximizing business success and scalability through AI-driven analytics.

Billwerk+ CEO Dr. Ricco Deutscher commented on this groundbreaking development as follows:

“As the subscription market matures and expands, Billwerk+ renews and expands its existing product offering. With our new product suite, we address the changing requirements in the subscription market.”

David McGuinness, Chief Product Officer at Billwerk+, explained the company’s product strategy:

“At Billwerk+, we not only help our customers manage their subscription business – we enable them to optimize it. Billwerk+ Pay allows merchants of all sizes in any region to offer their customers the widest range of local payment methods at the most competitive prices. Billwerk+ Optimize supports customers in elevating their recurring billing business to the next level and transforming the traditional linear ‘Order-to-Cash’ model into a cycle where data and insights enable them to continuously optimize their acquisition model and maximize return on marketing spend. Billwerk+ Transform is our enterprise platform aimed at helping larger customers manage their recurring billing business and seamlessly integrate it into their existing payment, CRM, or ERP systems to give them full control and transparency over their business.”

After bolstering its strength through mergers with Reepay, Sofacto, and Plenigo in the years 2021-2023, Billwerk+ now achieves another significant milestone. The introduction of its new product portfolio underscores Billwerk+’s position as a leading provider in Europe for subscription management, billing, and payment and its commitment to further advancing the European Subscription Economy.

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

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Press Release: plenigo officially joins PSG-backed Billwerk+ https://frisbii.com/blog/plenigo-joins-billwerk/ https://frisbii.com/blog/plenigo-joins-billwerk/#respond Tue, 04 Jul 2023 04:45:04 +0000 https://frisbii.com/docs/plenigo-joins-billwerk-2/ Frisbii

Press Release: plenigo officially joins PSG-backed Billwerk+

Billwerk+ and plenigo are joining forces to strengthen the group’s presence in publishing and media and to enhance its position as a pan-European leader in subscription management, recurring billing, and payments software.

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Press Release: plenigo officially joins PSG-backed Billwerk+

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.

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Press Release: Billwerk+ expands management level with CTO and CPO https://frisbii.com/blog/billwerk-names-new-cto-cpo/ https://frisbii.com/blog/billwerk-names-new-cto-cpo/#respond Mon, 22 May 2023 11:07:03 +0000 https://frisbii.com/docs/billwerk-names-new-cto-cpo-2/ Frisbii

Press Release: Billwerk+ expands management level with CTO and CPO

David McGuinness and Martyn Arbon complement the management team with many years of product and technology experience

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Press Release: Billwerk+ expands management level with CTO and CPO

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

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Press Release: Silke Hoersch expands the Billwerk+ management team https://frisbii.com/blog/press-release-silke-hoersch-marketing/ https://frisbii.com/blog/press-release-silke-hoersch-marketing/#respond Fri, 10 Mar 2023 08:00:00 +0000 https://frisbii.com/docs/press-release-silke-hoersch-marketing-2/ Frisbii

Press Release: Silke Hoersch expands the Billwerk+ management team

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

This post first appeared on Frisbii and is written by Admin

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Frisbii

Press Release: Silke Hoersch expands the Billwerk+ management team

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

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