Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach
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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Avangate Customer Success Stories
StratPad - Cloud-based Business Planning Solution
Enabling a Vision of Online Services Ecosystem for SMBs
StratPad is cloud-based software that makes business planning simple for entrepreneurs, small business owners, consultants, educators and students worldwide.
Objective
Take online business planning services global, making available a multitude of products and services on the same platform such as SaaS Business Plan Tool, access to training workshops, eBooks.
The Context
The business requirements changed since it developed into a cloud-based app from an iPad app, with the need for a commerce platform and more flexibility to support different business and revenue models, distribution and localization capabilities on a global level.
Challenges
The company was confronted with the following issues:
- Limitations of payment-centric systems to support business requirements shifted our focus towards complete commerce solutions;
- Being able to scale globally to new and emerging markets without up-front investments;
- Flexibility to allow experimentation with different service and product models, the ability to manage an ecosystem of service partners quickly and cost-effectively
Solution
"Online services are just starting to show their true potential – we have a vision of bringing together an ecosystem of services partners that support start-ups and SMBs around the world A commerce platform that supports the ecosystem throughout the customer lifecycle, across channels and touchpoints and allows easy experimentation, visibility into relevant KPIs and market agility is clearly a differentiation point and Avangate provides us with that and more." Alex Glassey, CEO, StratPad .
The results
- Easy to sell any type of online service or product, with any revenue model
- Support on several levels beyond just accepting payments, such as invoicing, refund and chargeback management, ecommerce and marketing tools
- Ability to support a wide network of partners on an affiliate model
- Ability to go global from day one and scale without up-front investments
Download the full StratPad case study here.
Read more Avangate client success stories.