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

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Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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18% revenue uplift

PowerFolder gets a 18% revenue uplift with Avangate

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March 03, 2016 - Avangate, the modern Digital Commerce solution provider trusted by thousands of Software, SaaS and Online Services companies to grow their business worldwide, is happy to announce that PowerFolder was able to increase its sales 18 percent by using Avangate's digital commerce platform and services.

With Avangate, PowerFolder was able to easily integrate their private and public cloud solutions with the commerce platform, quickly setup flexible product and pricing options, customize shopping cart templates, provide special offers in the shortest time for customers or for affiliates, provide extremely easy ways for clients to upgrade and renew their subscriptions, as well as expand globally.

Powerfolder CEO

"We couldn't be happier with our commerce provider. […] With Avangate, we have much more time to focus on new customers, improve our SaaS product and roll out large projects while most of the daily business runs smoothly. They enable us to provide a seamless online selling experience from the first acquisition to renewals, whether direct or via partners, for the home-user to the Fortune 500 customer, " says Christian Sprajc, CEO, PowerFolder.

For more information on the benefits that PowerFolder saw from working with Avangate and concrete results, please read the Avangate-PowerFolder success story.

About Powerfolder

PowerFolder is a German software company, which provides "out of the box" cloud and inhouse Enterprise file sync and share solutions and partly individualized on-premise services for the educational, research, industrial and information sector.

More information on https://www.powerfolder.com/

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

Media Contact

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

Delia Ene, Avangate

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