From industry insights and case studies to deep dives into the complexities of operating global platform businesses, our blog is your comprehensive resource to navigating and succeeding in the platform economy.
In 2023, the global hospitality market reached over 4.7 trillion U.S. dollars and was forecast to grow to around 5.5 trillion U.S. dollars in 2024. But managing payments globally and understanding the complexity of the business model has only gotten harder. In this article, we'll explore how hotel management platforms can use Revenew to simplify and transform how they manage their platform payments.
Terrance Robin
Commercial
In today’s world, where technology permeates nearly every aspect of our lives, education has undergone a significant transformation. Since the COVID-19 outbreak, online learning has become more centric in people's lives. Capitalising on this growing trend, online learning platforms are making it simple for educators to share knowledge and build thriving businesses. As this market evolves and online learning platforms leverage technology to cater to an international audience, they’ve had to implement complex payment strategies to support a wide range of payment methods.
Terrance Robin
Commercial
One of the main drivers in introducing the filter bar was that we wanted to streamline the process of adding more filters (a common request from our users) to the Revenew app and improve the UX when adding several filters at once.
Frederik von Mohl
Product & Community
Ticketing platforms are the backbone of the event industry; they connect event organisers with passionate audiences. Managing the financial side of this equation, however, can be rather complex. Between processing fees, hidden costs, and the need to accommodate diverse payment methods, maximising margins can become complicated. In this post, we'll look into how Revenew can help ticketing platforms unlock new revenue streams, eliminate loss-making payments, and improve the overall payment experience for ticketing platforms and their customers.
Terrance Robin
Commercial
As a platform you will usually have a high GMV (General Merchandise Value, ie. the full absolute payment amount in currency made through it, eg. a 100$ for a night at an Airbnb), compared to ultra-thin margins (the service fee that Airbnb gets minus payment processing fees). Even though there is this huge discrepancy between your GMV and your net revenue (the dollar amount you actually take home), it should be the case that when your GMV goes up, so does your net revenue. But we often see that not being the case. And this graph shines a light on it.
Frederik von Mohl
Product & Community
Monite is a B2B Fintech Infrastructure SaaS business. They enable their customers, B2B platforms, such as banks, neobanks, payment providers, verticalized SaaS, embed financial workflows like invoicing, payables automation, expense management, and accounting for their clients. They’re on an exciting growth path having recently added $6M to their seed round as they are gearing up for US expansion. So it’s now more than ever that their payments strategy needs to be on lock.
Frederik von Mohl
Product & Community
Noovy is an all-in-one property management solution for thousands of independent hotels globally. They have been successfully helping hotels run their operations from a single platform: bookings, staff availabilities, housekeeping, you name it. Enabling their hotels to take payments through Noovy was top of the feature request list, further rounding out their product offering, making Noovy a one-stop-shop software solution for anyone running independent hotels.
Frederik von Mohl
Product & Community