Billwerk+ Germany GmbH

Founded in 2015 by co-founders Christian Winnerlein, Ricco Deutscher, Steffen Mey, and Thomas Tauber and based in Frankfurt, Germany, Billwerk+ Germany provides a suite of products designed to help companies streamline operations, optimize recurring revenue, and automate billing processes. In June 2023, Billwerk+ Germany GmbH, a portfolio company of PSG equity, acquired Plenigo GmbH.   The company's flagship product, Billwerk+ Optimize, is a user-friendly billing platform that enables businesses to efficiently manage both recurring and non-recurring billing needs. It offers customizable subscription plans, diverse payment methods, automated billing, and detailed customer analytics.

With over 50 payment methods supported, Billwerk+ ensures seamless integration and compliance with European regulations, including GDPR and PCI DSS. Additionally, Billwerk+ Pay is designed as an acquirer-independent payment gateway. The platform supports over 50 payment methods, including credit cards, mobile payments, and bank transfers, ensuring seamless transactions for global businesses. The platform handles both recurring and non-recurring payments, offering customizable payment windows to minimize fees.

In addition, Billwerk+ Transform allows firms to handle complex billing scenarios, manage contracts, and provide self-service options for customers, thereby enhancing operational efficiency and customer satisfaction. Moreover, the business also offers Sofacto, a Salesforce-native platform that centralizes billing and payment operations within Salesforce CRM. The tool supports recurring and non-recurring billing cycles, offering automation features that reduce data entry time by up to 50%. Sofacto also facilitates subscription management with automated direct debit options and real-time reporting capabilities.

Furthermore, Plenigo specializes in cloud-based subscription management tailored specifically for publishers and digital media organizations. Plenigo enables publishers to efficiently manage subscription lifecycles, enhance revenue streams, and ensure secure access to premium content through centralized management tools.   The company generates revenue through its monthly subscription plan: EUR 49 per month for starters, and EUR 299 per month for professionals.   The June 2023 acquisition enables Billwerk+ Germany GmbH to grow its business and expand its market presence in the publishing and media industry.