Adding Payments and Fintech to SaaS Can Be Great. But You Gotta Watch the Margins.
SaaStr
AUGUST 11, 2022
Shopify now gets 2x the revenue from payments and merchant services than it does from SaaS subcriptions. Especially if you spend 50% of your revenue on Sales & Marketing, it can take many years to really get profitable in SaaS. Ok now let’s look at some pure-play Fintechs: PayPal: 47% Gross Margins.
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