Denario
Date | Investors | Amount | Round |
---|---|---|---|
* | €1.3m | Seed | |
* | N/A | Acquisition | |
Total Funding | AUD2.2m |
Recent News about Denario
EditDenario.io is a startup that focuses on simplifying and automating the payment collection process for businesses. Founded by Philipp Pohlmann, Denario has recently been acquired by PandaDoc, a leading document automation platform. This acquisition aims to enhance the services offered by both companies by integrating Denario's payment solutions into PandaDoc's comprehensive document management system.
Denario operates in the financial technology (fintech) market, specifically targeting small to medium-sized businesses (SMBs) that need efficient ways to manage their payment collections. The company provides a platform where businesses can streamline their payment processes, reducing the time and effort required to collect payments from customers. This is particularly beneficial for businesses that deal with a high volume of transactions and need a reliable system to ensure timely payments.
The business model of Denario revolves around offering subscription-based services to its clients. Businesses pay a recurring fee to use Denario's platform, which provides them with tools to automate their payment collection processes. This includes features like automated invoicing, payment reminders, and integrated payment gateways that allow customers to pay directly through the documents they receive.
Denario makes money through these subscription fees, and potentially through transaction fees for payments processed through their platform. By integrating with PandaDoc, Denario aims to offer an even more seamless experience for its users, combining document management and payment collection into a single, efficient workflow.
In summary, Denario.io is a fintech startup that helps SMBs automate their payment collection processes. It operates on a subscription-based model and has recently been acquired by PandaDoc to further enhance its offerings.
Keywords: fintech, payment automation, SMBs, subscription model, invoicing, payment reminders, integrated payments, document management, transaction fees, PandaDoc.