Orlando’s Fattmerchant has made a strategic, majority investment in Ottawa-based subscription and billing payments platform, Fusebill.
As a result of the recapitalization, Fusebill is positioned for rapid growth in integrated payments and international expansion.
Founded in 2011, Fusebill is an award-winning, enterprise-class subscription billing and management platform used by hundreds of leading companies worldwide.
Fusebill’s flexible commerce engine empowers clients through powerful revenue recognition capabilities, as well as the automation of payments and recurring, tier, consumption-based, and other billing models.
Fusebill simplifies subscription billing management, giving businesses the agility to capitalize on new product opportunities, maintain a competitive edge, and focus on business growth.
“Fusebill has an impressive record as a frontrunner in billing solutions for small and midsize enterprises,” said Suneera Madhani, CEO and founder of Fattmerchant. “This exciting partnership brings international expansion to Fattmerchant, along with enhanced features for revenue reconciliation, deeper subscription billing, and an API-first approach.”
Since 2014, Fattmerchant has experienced solid growth in its software platform and has processed $9 billion in payments, offering businesses a unified commerce experience to manage their operations and facilitate omni-channel payment acceptance. The company provides independent software vendors (ISVs) the ability to integrate payments into their product offerings and operate as a payment facilitator.