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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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G2 Crowd Grid For E-commerce Platforms

Avangate Ranked As A “High Performer” In The Most Recent G2 Crowd Grid For E-commerce Platforms

Digital Commerce Provider Recognized for Customer Satisfaction; Receives Highest NPS Score in the Category

Redwood City, CA - August, 20, 2015 - Avangate, the modern Digital Commerce solution provider trusted by thousands of Software, SaaS and Online Services companies to grow their business worldwide, today announced that it has been named a "High Performer" in the Summer 2015 G2 Crowd Grid for E-commerce Platforms, further validating its leadership in the digital commerce space. Overall reviewers recommended Avangate to potential buyers, giving it an NPS score of 80, the highest in the category.

Compiled based on a combination of market presence and customer satisfaction ratings, G2 Crowd ratings offer a unique affirmation of a company's leadership in the market and popularity with customers. To understand the complete customer perspective, G2 Crowd examines transparent, unbiased user ratings of solution features, as well as total number of reviews within a specific category. Market presence is evaluated based on various factors including number of employees, social impact, market share, momentum, revenue, employee satisfaction and revenue growth. Avangate's rapid growth, industry leadership, and positive customer ratings all combined to bring it to the "High Performer" quadrant of the G2 Crowd Grid for E-commerce.

"Avangate scored well for ease of use and its value in selling software globally was one of many benefits mentioned by reviewers," said Tim Handorf, Co-Founder and President of G2 Crowd. "Other features receiving high marks were its API and reporting dashboard, along with the platform's setup and support. These scores contributed to Avangate's top NPS score among e-commerce platforms in our Summer 2015 report."

In addition to this recognition from G2 Crowd, Avangate recently won two 2015 SIIA CODiE Awards, for Best Subscription Management Solution and Best eCommerce & Billing Platform, Red Herring's Top 100 North America Award and was included in the Montclare SaaS 250 among several other recognitions.

"We're continuously enhancing our digital commerce platform and services to help our clients launch and grow new revenue streams and go to market quickly on a global level," said Carl Theobald, CEO of Avangate. "We're thrilled with the positive reviews on G2 Crowd, as they reflect our commitment to providing our customers with a best-in-class solution to maximize their software, SaaS and online services revenues."

The complete G2 Crowd Grid on e-commerce platforms and vendor ratings, including detailed scores and executive summaries, can be viewed at http://www.avangate.com/lp/g2crowd-grid-report-2015.html.

About G2 Crowd

G2 Crowd offers business software reviews and ratings to drive better purchasing decisions. Technology buyers, investors, and analysts use the site to compare and select the best software based on peer reviews and social data. For more information, go to www.G2Crowd.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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