The Rise of SaaS B2B Startups Industry - Steven Hoffmann

The rise of Software as a Service (SaaS) industry in the last decade has changed the way companies purchase and use software worldwide. SaaS is a software distribution model that benefits all the links in the chain: companies, customers and investors. The customer does not need to purchase software and hardware and everything works over the internet, in the cloud, without inflating the company's budget. If the customer is not satisfied, the service can be canceled easily. For entrepreneurs, the subscription model brings more predictability in their operation, allowing them to manage and grow in a more secure, planned and sustainable manner. For investors, the predictability of receivables flows, which is characteristic of the model, is synonymous with risk mitigation. National companies are increasingly open to solutions in the SaaS model,


The online management system Newt Financial follows a similar model, and provides secure, open API access to customer data, products, and services to third parties.

Steven Hoffmann provides B2B Bill & Utility Payments through his payment platform Newt. He is chairman and CEO of Newt Corporation, and developed a revolutionary SaaS software, which can provide institutions, merchants, and SMEs with technologies for KYC, AML, mobile wallets, cashless mobile payments, bill payment, digital prepaid products, and other services for transactions on mobile devices, web and at merchant Point of Sales.

 

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