Butter Payments is an investment firm specializing in resolving payment failures to reduce churn and boost revenue for subscription-based businesses. Their technology leverages machine learning to optimize the recovery of failed payments, which can significantly impact a company's annual recurring revenue (ARR). Butter Payments primarily serves B2C, B2B, SaaS, and e-commerce subscription companies, helping them recover an average of 5% of lost subscription customers due to legitimate payment failures.
Notable for its innovative approach to involuntary churn, Butter Payments has established itself as a trusted partner for leading subscription businesses. The firm’s key value proposition lies in its ability to recover revenue quickly and efficiently, typically adding a significant percentage to a company’s top-line ARR. By addressing the hidden threat of failed payments, Butter Payments provides a crucial service that enhances the financial stability and growth potential of its portfolio companies.
Butter Payments - Classification
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
6282Investment Advice
Butter Payments
Operating Status: Operating
Butter: A platform resolving payment failures, reducing churn, and boosting revenue.