SAN FRANCISCO–Sept. 27, 2022 – Recurly, Inc., a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue recognition and forecasting solution. This acquisition will create a single source for subscription management, recurring billing, and revenue management that empowers Recurly customers to better focus on driving growth among increasingly complex and evolving revenue accounting and reporting standards.
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SAN FRANCISCO – August 30th, 2022 – Recurly, a subscription management and billing platform, is set to become available on Google Cloud Marketplace, offering Google Cloud customers a leading platform for subscription management and recurring billing.
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SAN FRANCISCO – July 13, 2022 – Recurly, the leading subscription management and recurring billing platform, today announced a significant upgrade to its subscription analytics designed to quickly deliver metrics that grow subscription businesses.
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London, UK, 14 June 2022 - A new UK survey conducted by Recurly, a leading subscription management and billing platform, has revealed 24% of UK consumers say they plan to sign up for more subscription services. The results also show that consumers are more loyal (59%) and tend to spend more money (45%) with brands and businesses they subscribe to.
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Munich, June 9th, 2022 - A new survey by the subscription management platform Recurly shows: 67% of Germans are using at least one subscription service. On average, German consumers have three subscriptions.
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MADRID, Spain, June 1st, 2022: According to a new survey conducted in Spain by Recurly, a leading subscription management and billing platform, 38% of Spanish consumers plan to sign up to more subscription services. The report also revealed that consumers feel more loyal (61%) and tend to spend more money (42%) with brands and companies they subscribe to.
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SAN FRANCISCO, Calif., April 26, 2022 – According to a new U.S. survey conducted by Recurly, the leading subscription management and billing platform, consumers feel more loyal (51%) and tend to spend more money (42%) with brands and businesses they subscribe to. As pandemic restrictions ease, in-person dining (46%), domestic travel (45%), and in-person entertainment and events (43%) are the top categories where consumers want to spend their time and money.
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SAN FRANCISCO – March 23, 2022 – Recurly, Inc., a leading subscription management and billing platform for high-growth, digital brands, announced it recovered over $794 million in revenue for its customers in 2021 through industry leading dunning technology. This milestone is a 32% YoY growth from 2020. Each year, businesses lose on average 7.2% of subscribers monthly due to “passive churn,” customers who have lapsed because of changes to their payment methods or expired cards. Recurly utilizes machine learning to identify opportunities to reduce churn and recapture revenue that could disappear due to declined subscription payments, customer behaviors or outdated payment methods.
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LONDON – February 1, 2022 – Recurly, Inc., a leading subscription management and billing platform for high-growth, digital brands, today announced the expansion of its European presence, with the hire of new general manager, Oscar Wall, and release of new capabilities focused on the European market.
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SAN FRANCISCO, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Recurly, Inc., the leading subscription management and billing platform, today announced that it will exceed $10 billion in annualized transaction payment volume this year, representing a 40% increase over the prior year. This milestone comes on the heels of Accel KKR (AKKR) taking a majority stake in the company. Additionally, Recurly announced that it is cash-flow and EBITDA positive, with year-over-year net revenues up 37% and gross margins of 74%.
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