Paddle Stock
| Valuation | $1.4B1 |
| Valuation Date | May 10, 2022 |
| Implied Valuation | n/a |
| Last Price | $50.00 |
| 52-Week High | $50.00 |
| 52-Week Low | $50.00 |
| YTD Return | +0.00% |
| 1-Year Return | +0.00% |
| 3-Year Return | n/a |
| Total Funding | $293M2 |
| Latest Round Amount | $200M1 |
| Latest Round | Series D |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Paddle
Paddle is a British payments company that acts as the merchant of record for software, app and AI businesses. Rather than processing transactions on a seller's behalf the way a standard payment provider does, Paddle becomes the legal seller of the product. That makes it responsible for checkout, subscription billing, invoicing, fraud, refunds and sales tax compliance in more than 200 markets. Its platform also includes ProfitWell, the subscription metrics and churn-reduction software Paddle bought in 2022. Paddle makes money by charging a single all-in percentage fee on each transaction it handles, which replaces separate bills for payment processing, tax tooling and billing software. More than 6,000 companies sell through Paddle, and demand has picked up since US court rulings started letting iOS apps send buyers to web checkouts outside Apple's in-app purchase system.
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News
Lovable Payments, powered by Paddle
Lovable launched Lovable Payments, a monetization layer built into its AI app builder with Paddle available as the merchant of record. Paddle says it is the first native merchant-of-record integration...
Paddle raises $25M to accelerate growth and international expansion
Paddle raised $25 million in growth financing from CIBC Innovation Banking and opened an office in Austin, Texas. The company also announced senior hires including a new CRO, CTO and CMO, and said it ...
Paddle Will Pay $5 Million to Settle FTC Allegations of Unfair Payment-Processing Practices and Facilitation of Deceptive Tech-Support Schemes
Paddle agreed to pay $5 million and accept a permanent ban on processing payments for tech-support telemarketers to settle an FTC action. The FTC alleged Paddle processed payments for deceptive tech-s...
Statement on our agreement with the FTC
Paddle published its response to the FTC settlement, saying the order memorializes existing risk and governance processes and requires no material change to its business model. The company did not adm...
RevenueCat and Paddle team up to help app developers profit from web payments
Paddle and RevenueCat launched an integration that lets app developers sell subscriptions on the web and keep entitlements in sync with mobile. Paddle handles the web payments, tax and compliance whil...
Paddle and Vercel partner to help developers capitalize on historic App Store ruling
Paddle and Vercel launched Hosted Checkouts and a Checkout Starter Kit to help app developers build web checkouts after a US court ruling allowed iOS apps to direct users to external payment pages. Th...
Paddle CEO Transition: Christian Owens Hands Over to Jimmy Fitzgerald
Founder Christian Owens stepped down as CEO after 11 years and moved into the role of executive chairman. COO Jimmy Fitzgerald, who joined Paddle in 2021 from ServiceNow, took over as chief executive.
Paddle acquires ProfitWell for $200M to bring analytics and retention tools to its SaaS payments platform
Paddle acquired Boston-based ProfitWell in a cash-and-equity deal valued at more than $200 million. ProfitWell brought subscription metrics, pricing and churn-reduction software used by more than 30,0...
Paddle, the company that wants to take on Apple in IAP, raises $200M at a $1.4B valuation to supercharge SaaS payments
Paddle raised a $200 million Series D led by KKR at a $1.4 billion valuation, with FTV Capital, 83North, Notion Capital and Kindred Capital participating and debt from Silicon Valley Bank. The round b...
Paddle Raises $68 Million Series C to Power Next Wave of B2B SaaS Companies
Paddle raised $68 million in a Series C led by FTV Capital, with Kindred Capital, Notion Capital and 83North participating. The round took total funding to $93 million and was earmarked for expansion ...
Paddle, the software sales platform founded by a Thiel Fellow, raises $12.5M
Paddle raised a $12.5 million Series B led by Notion Capital, with BGF Ventures, Kindred Capital and Mac software developer MacPaw taking part. The round followed Paddle's absorption of MacPaw's DevMa...
Paddle banks $3.2M for an ecommerce platform targeting SaaS startups
Paddle raised a $3.2 million Series A led by BGF Ventures with participation from Spring Partners. At the time the four-year-old London company had 400 paying customers and processed around one millio...