Invoice2go has launched its new mobile payments feature allowing small businesses to receive debit and credit card payments, without having to invest in EFTPOS infrastructure.
With more than $1 billion invoiced per month globally, and $200 million per month in Australia alone, the new payments feature, powered by Stripe Connect, is positioned to immediately help Australian business owners across all industries get paid faster. In the US, where the feature is already available, app users are getting paid eight days faster on average.
“What’s unique about the feature is that it brings the entire billing process into one app, a game-changer for every Australian business owner who spends hours manually invoicing, collecting payment, and reconciling their accounts,” said founder Chris Strode.
“The ability to accept credit and debit card payments, without setup and maintenance costs, gives small businesses access to technology that was previously reserved for larger companies. Australian small business owners can now meet the expectations of their customers in today’s digital age, and improve their cash flow by getting paid faster,” he said.
Invoice2go has also appointed the former Atlassian Group Product Manager Joe Nalewabu to lead the global product and design teams as the company bolsters its product-led growth strategy and continues to bring software innovation to small business owners around the globe.
“What I love about Invoice2go is it’s focus on solving the pain points of micro businesses and freelancers, customers who are often overlooked by traditional software companies,” said Nalewabau. “We’ve already got great mobile solutions but there’s so much innovation in this area. I look forward to listening to our customers and helping drive the next evolution of solutions for them.”
The company has doubled its customer base to 200,000 small business users globally and growing staff from 43 people to more than 100 across offices in Sydney, Redwood City, and Jakarta. The company plans to add another 40 percent in the next ten months.
“We’ve grown at an incredibly fast pace this past year and I’m really proud of the fact that despite our speed, we’ve been able to grow in a sustainable, thoughtful way. Joe is the latest piece of a new era of leadership for us, and part of the core team that will bring innovation to our customers in all new ways,” said Strode.