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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach

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FusionCharts Extends its Partnership with eCommerce Provider Avangate for Collabion

Aug 16, 2016 - Avangate, the modern digital commerce solution provider trusted by thousands of software, SaaS and online services companies to grow their businesses worldwide, is pleased to announce that its long-term client FusionCharts, the industry's leading JavaScript charting library, has extended its work with Avangate to include Collabion, a start-up spun off of FusionCharts. Collabion provides data visualization products for Microsoft SharePoint, Office 365 and Power BI. Building on seven years of successful collaboration between Avangate and FusionCharts, Collabion started selling its products to a global client base with Avangate on day one.

Arkaprovo Naha
Arkaprovo Naha

"Avangate's ease of use provides our customers with a seamless payment experience, which is in line with our own philosophy of making the customer's life easy. Avangate's round-the-clock customer support is really effective and quick. If we ever do have any issues, we always have somebody to help us out," said Arkaprovo Naha, Lead QA Engineer & Technical Specialist at Collabion. "At the same time, the pricing model is extremely transparent. The flexibility of the revenue-share model is very convenient and it enables growing businesses to scale without up-front investment," added Naha.

"Although some key people from the FusionCharts executive team are also involved in Collabion, we didn't want to impose to them what ecommerce platform to work with," commented Pallav Nadhani, Founder of FusionCharts and Chief Evangelist at Collabion. "Avangate was a natural choice and a great fit for both companies, given the flexibility and the richness of the platform. It's an amazing product and extremely secure, so we don't have to worry about any customer usability or security issues. We have never received a complaint from a customer about Avangate in the seven years that we've worked together," added Nadhani.

Both FusionCharts and Collabion use Avangate's Digital Commerce Enterprise Edition, benefitting from a rich set of online sales features that let them sell instantly in over 180 countries. Avangate helps the two software companies maximize the value of every customer, with advanced controls for commerce, marketing and merchandising, as well as a plethora of tools for revenue recovery, supporting subscriptions as well as any other business model.
To learn more about how Avangate can grow your software and online services sales, read an overview of the Avangate commerce solutions as well as selected client success stories.

About FusionCharts

FusionCharts builds industry leading, enterprise-grade data visualization solutions. More than 22,000 customers and 500,000 users in 120 countries trust and use FusionCharts products to add delight to their web and enterprise applications. Their customers include a major chunk of the Fortune 500 companies, the top business intelligence organizations and corporations, and some of the web's most famous websites, portals and search engines.
More information on fusioncharts.com/company.

About Collabion

Collabion develops products for Microsoft SharePoint, PowerBI, and Microsoft Office 365. The products help users gain insights quickly from data with the help of detailed visualizations, across desktop, as well as mobile devices. Development of apps for Office 365 and creation of custom visuals for PowerBI are also in the pipeline.
More information on collabion.com/about-us.

About 2Checkout (formerly Avangate)

2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.

Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.

More information on 2Checkout can be found on www.2checkout.com

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For media & PR inquiries related to Avangate, please contact:

Delia Ene, Avangate

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