Increase in revenue and reduction of customer churn through a new payment provider
Key successes Implementation of a new payment provider Engaging various global customers at the regional level Resulting in a significant increase in revenues and reduction of customer churn Background The previous payment provider of our portfolio company, Egoditor, was unable to implement targeted price adjustments based on geographical location. Due to a uniform pricing model, […]
With QR codes from Bielefeld to a potentially nine-figure exit
Exit and reinvest – FLEX Capital sells majority of shares in Egoditor to Bitly Inc.
Together with the founders, FLEX has increased sales by around 250% to over EUR 30 million in recurring annual revenue (ARR) in just two years, further expanded profitability and firmly established Egoditor as the global market leader in QR code software. FLEX Capital, a private equity investor with a focus on medium-sized software and internet […]
Egoditor sells its QR codes from Bielefeld worldwide to Apple, Bosch, Netflix, and more.
