Press releases

Recurly releases its 2023 State of Subscriptions report

SAN FRANCISCO – January 24, 2023 – Recurly, Inc., a leading direct-to-consumer subscription management and recurring billing platform, today released its 2023 State of Subscriptions report, based on data from more than 2,200 Recurly merchants that support more than 55 million active monthly subscribers around the globe. Citing global benchmarks and best practices, the report provides insights for subscription business growth and expansion, with chapters on acquisition, subscriber growth, payment strategies, and churn, as well as this year’s trends.

Recurly reveals that it recovered nearly $1B in subscription revenue for customers over course of 2022

SAN FRANCISCO – January 10, 2023 – Recurly, Inc., a leading direct-to-consumer subscription management and recurring billing platform, today announced that it successfully helped recover nearly $1 billion in revenue for its customers globally in 2022. This milestone represents a 21.9% year-over-year growth from 2021, during which Recurly recovered close to $800 million for customers, thanks to the platform’s churn management technology. With over 50 million active monthly subscribers, Recurly processes in excess of $1B in payments each month for leading brands like Sling, Twitch, BarkBox, FabFitFun, Paramount, Lucid and Sprout Social, further powering its machine-learning engine to identify opportunities to capture revenue and customers which would otherwise be lost.

Recurly enables Fanatiz to quickly scale operations, improve efficiency, and adapt to subscriber needs

SAN FRANCISCO, Nov. 29, 2022 - Fanatiz, a sports streaming platform, selected Recurly, a leading subscription management and billing platform, to offer choices for their consumers, improve their payment gateway management, and increase revenue and productivity.

Holiday 2022: Subscriptions are the Stars

SAN FRANCISCO, Calif. – Oct. 25, 2022 – Subscriptions are the shining stars for the 2022 holiday season. According to a new survey conducted by Recurly, a leading subscription management and billing platform, this holiday season will be big for gifting subscriptions, with 63% of consumers reporting that they’d be interested in gifting a subscription and 70% saying they’d be interested in receiving a subscription themselves. In fact, Gen Z and Millennials lead the charge with 72% interested in receiving subscriptions as gifts.

Recurly launches new ramp pricing models to expand subscriber acquisition, retention, and loyalty

SAN FRANCISCO – Oct. 18, 2022 — Recurly, a leading subscription management and recurring billing platform, announced new ramp pricing today to enable recurring revenue companies to dynamically increase or decrease pricing within subscriptions. Ramp pricing is the latest addition to Recurly’s flexible pricing, plans, and promotions capabilities. With one of the most diversified pricing options available, Recurly pricing model also includes fixed recurring, one-time, usage-based, tiered, volume, stairstep, and hybrid models.

MitoQ selects Recurly to launch more personalized subscriber experience, provide enhanced subscriber analytics

SAN FRANCISCO, Calif., October 11, 2022 – MitoQ, an advanced health company based in New Zealand, selected Recurly, a leading subscription management and billing platform, to drive subscriber lifetime value, offer more flexible, personalized subscriptions, and better utilize customer insights to grow their business. The Recurly platform allowed MitoQ to launch quickly, test subscription offers and trial lengths, and evaluate pricing and promotions in near real-time with powerful subscriber analytics.

Recurly recognized as a leader in Snowflake’s Modern Marketing Data Stack Report

SAN FRANCISCO – October 4, 2022 — Recurly today announced that it has been recognized as an Identity & Enrichment leader in the inaugural Modern Marketing Data Stack Report: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences executed and launched by [Snowflake](https://www.snowflake.com/en/), the Data Cloud company.

Subscriptions for the Holidays: Nearly 70 percent of consumers want to give and receive gift subscriptions

SAN FRANCISCO, Calif., September 29, 2022 – Subscription gifting is primed to soar for the holidays. According to a new survey conducted by Recurly, a leading subscription management and billing platform, this holiday season will be big for businesses with gift subscriptions, with 63% of consumers reporting they would consider giving subscriptions as a gift and 70% interested in receiving subscriptions as a gift themselves. Gen Z (73%) and Millennials (72%) lead the charge with the majority saying they are interested in receiving subscriptions as gifts.

Recurly enhances revenue recognition solution, helping subscription businesses automate complex accounting processes

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.

Recurly subscription management and billing platform available on Google Cloud Marketplace

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.