The Ledger
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Numberz revenue is split 50-50 between SaaS and commissions
“It's like a fifty-fifty split. 50% comes from the software as a service and 50% comes from the commissions that we get from the financial institutions.”
Numberz earned its initial revenue manually before building any software
“Actually we got that money really that at that point of time we had not built any software. We were, we always believed in this lean startup principle. So we actually started trying to help our customers get invoice discounting from our partner financial insti…”
Numberz hosts 5,500 businesses and up to 9,000 platform users
“In terms of total number of users, we have I think so eight and a half to 9000 users, but in terms of unique businesses, we have 5500.”
Numberz has approximately 1,200 paying customers in January 2017
“I think we'll have around about 1200 paying customers right now.”
Numberz paid customer acquisition cost is nearly $150
“The paid acquisitions is okay, so let me say our cost of acquisition right now for a paid is nearly close to US, a 150 dollars.”
Numberz realizes $185 to $195 annual ARPU per customer
“Our average customer ends up being somewhere around about or the overall realization is anywhere between you know, one 85 to one 95 dollars.”
Numberz takes a 2% fee on $5K-$7.5K annual customer volume
“The transaction fee comes to somewhere around about two percent of every transaction that is done on the platform. So, and on average, they end up doing anywhere between you know, some about 5000 to seven and a half thousand us dollars every year on an average…”