Opinion
Bargetti: Brazilian SaaS billing offers low margins due to commoditization
“There is a bunch of them doing the same thing, so the fee each one has the ability to take. The space is competitive, so there is not much margin there, so we are going in another direction.”
Insight
Bargetti: Healthcare clinics operate at much higher customer volume than SaaS companies
“And this new, new segment, these clinics, they operate in a much higher volume than a SaaS business for example If you have a SaaS business that have, let's say, 2000 customers, it's a big SaaS business. If you have a clinic that has 2000 customers, it's just …”
Disclosure
Fatura Simples Killed In-House Payment Infrastructure to White-Label
“We are white labeling but we had at some point our own infra structure. Yeah, some kind, something like that, but yeah, it's hard, and there is a lot of regulations, so we killed our own infra and started white labeling.”
Opinion
Bargetti Recommends Zoop Despite Limited Brazilian Options and Feature Gaps
“There ain't much, there ain't many options in Brazil for what we want. So yes, I recommend them, but I also want something that some things that they don't have yet, but you know, it's part of the game.”
Disclosure
Bargetti: Fatura Simples focuses on clinics over SaaS companies
“We are focusing on clinics and the tangent, like the similar kinds of operations, because you see SaaS companies don't, we don't have, we don't really have Differential. A competitive differential.”
Assertion Not checkable as stated
Bargetti: Fatura Simples Has Around 30 Paying Clinic Customers
“I'd say about 30. Around this.”
Assertion Not checkable as stated
Fatura Simples Processed 6M Reals in December 2021 Transaction Volume
“About six million.”
Disclosure
Fatura Simples Charges 1 to 3.20 Reals Per Transaction
“Oh, we take a transaction fee. And so you, if you make a transaction, we would take about if I rise really, but about one real Brazilian real to three, three, 20.”
Assertion Not checkable as stated
Bargetti: Fatura Simples Generated Just Under $30k December Revenue
“Just shy of that. Yeah.”
Disclosure
Bargetti: Fatura Simples raised approximately $250,000 in seed round
“We raised two, 250 approximately thousand dollars check. I'd say around that because we raised it in Brazilian real. So I don't remember the dollar price at the time.”
Disclosure
Bargetti: Fatura Simples sold 20% equity in its seed round
“We sold 20%, 20.”
Disclosure
Fatura Simples doubled monthly revenue from ~$14k to $27k in twelve months
“Yeah, about half.”
Assertion Not checkable as stated
Fatura Simples Employs About 17 People Plus Two Founders
“We have about 17 employees plus us, two founders.”
