Adding Payments and Fintech to SaaS Can Be Great. But You Gotta Watch the Margins.
SaaStr
AUGUST 11, 2022
So in the Boom Times of later 2020 and 2021, almost every VC pushed SaaS companies to at least become a little bit of a fintech. Shopify now gets 2x the revenue from payments and merchant services than it does from SaaS subcriptions. Ok now let’s look at some pure-play Fintechs: PayPal: 47% Gross Margins.
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