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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San Francisco, CA, April 22, 2021 – Recurly, Inc., the leading subscription management and billing platform powering over $7 billion in annual transactions, today announced that it has launched Wallet as part of a major expansion to its industry-leading portfolio of payment capabilities that now includes Venmo, local payment acceptance in LatAm, prepaid account balance and enhanced pricing precision.
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August 12, 2020 – Recurly, Inc., the leading platform powering subscription commerce, today announced that it has received a majority equity investment from Accel-KKR, a leading technology-focused private equity firm.
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Recurly, Inc., the leading platform powering subscription commerce, announced that it has closed $19.5 million in new funding led by F-Prime Capital along with Polaris Partners, Greycroft and Silicon Valley Bank. The financing comes after several years of strong growth that has seen Recurly become the platform of choice for thousands of subscription businesses worldwide.
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Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, and Recurly, Inc., the enterprise-grade subscription management platform, are teaming up to help merchants generate revenue from subscribers and better measure their business health, subscriber engagement and customer loyalty to drive profitability.
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Recurly, Inc., the enterprise-grade subscription management platform, announced a significant expansion in Boulder, Colorado. The new office space will accelerate the pace of investment in the organization, including engineering, customer success, and sales.
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Recurly, Inc., the enterprise-grade subscription management platform, and Adyen, the payments company powering global commerce, today announced that they have joined forces to fuel international expansion for subscription businesses.
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Recurly, Inc., the enterprise-grade subscription management platform, today announced an integration with Xero, a global, cloud-based accounting platform.
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Recurly, Inc., the enterprise-grade subscription management platform, today announced an integration with QuickBooks Online, which lets customers seamlessly manage subscription billing and accounting data.
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Recurly, Inc., the enterprise-grade subscription management platform, released findings today from an analysis of subscription business activity during the start of the 2016 holiday period, including Black Friday and Cyber Monday.
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