Billing news and trends

Stripe Reports Total Payment Volume Rose 25%, Topping $1 Trillion
Digital Payments // March 13, 2024

Stripe surpassed $1 trillion in total payment volume in 2023. That milestone marked a 25% increase from the previous year and meant that businesses running on Stripe accounted for about 1% of global gross domestic product (GDP), Stripe co-founders Patrick Collison and John Collison wrote...

Metronome Raises $43 Million to Expand Usage-Based Billing Platform
Investments // January 31, 2024

Metronome has secured $43 million in a Series B funding round to simplify and streamline usage-based billing for Software-as-a-Service (SaaS) companies. The company aims to address the challenges faced by businesses in building and maintaining usage-based and subscription billing infrastructure, Metronome said in a Wednesday (Jan....

Roper Acquires Childcare Software Firm Procare for $1.7 Billion
Acquisitions // January 25, 2024

Roper Technologies has added childcare center software firm Procare Software to its stable of companies. The Sarasota, Florida, company announced the $1.75 billion deal in a Thursday (Jan. 25) news release, saying the purchase was being funded through its revolving credit facility. “Procare is a terrific business with...

Ordway and Exact Payments Partner to Streamline Billing and Payments
Partnerships // August 09, 2023

Ordway, a billing and revenue automation platform for scaling Software-as-a-Service (SaaS) companies, has partnered with embedded payments provider Exact Payments. The collaboration aims to deliver an all-in-one billing and payments solution to Ordway’s customers, aiding in the reduction of manual processes and providing an improved customer experience, the...

Interviews & Exclusives
Real-Time Data Breaks Monthly Accounting Rituals

March 29, 2023
Contextual real-time data, not Advil, is helping CFOs solve lingering spend management headaches.  Flurries of payments and accompanying reports have kept chief financial officers on their toes for years. Still, Oded Zehavi, CEO at Mesh Payments, tells PYMNTS that the spend management landscape can be divided into two key periods: before COVID and after COVID.  “COVID pushed […]

Cedar CEO: Solving For Healthcare’s ‘Black Box’ Of Patient Billing

July 06, 2020
It may be the blackest of black boxes. The pandemic, with its public health fears, has trained a spotlight on the labyrinth of the healthcare industry — specifically, billing, the...

Why Data-Backed Innovation Is The Medicine Healthcare Needs

May 04, 2020
Among the more unnerving surprises of the coronavirus pandemic for most people was learning just how vulnerable and thinly stretched some areas of our healthcare system really are. Between the...

Keeping Hospital Billing Systems Healthy In A Pandemic

April 10, 2020
On a good day, healthcare providers do a difficult job. In the last several weeks, that difficult job has become a heroic labor nationwide as workers on the front lines...

Quick Reads
Nue Launches Platform That Unifies CPQ and Billing

May 29, 2024
Nue has launched a platform that unifies configure, price and quote (CPQ) and billing, and accelerates finance operations across every B2B model. The new Everything Billing product brings together direct sales and product-led growth, subscription- and usage-based pricing, and bundling across software, physical goods and services, the company said in a Wednesday (May 29) press […]

Stripe Reports Total Payment Volume Rose 25%, Topping $1 Trillion

March 13, 2024
Stripe surpassed $1 trillion in total payment volume in 2023. That milestone marked a 25% increase from the previous year and meant that businesses running on Stripe accounted for about...

Metronome Raises $43 Million to Expand Usage-Based Billing Platform

January 31, 2024
Metronome has secured $43 million in a Series B funding round to simplify and streamline usage-based billing for Software-as-a-Service (SaaS) companies. The company aims to address the challenges faced by businesses...

Roper Acquires Childcare Software Firm Procare for $1.7 Billion

January 25, 2024
Roper Technologies has added childcare center software firm Procare Software to its stable of companies. The Sarasota, Florida, company announced the $1.75 billion deal in a Thursday (Jan. 25) news release, saying the...