
A fast-scaling SaaS company based in Berlin had clients across Europe, North America, and Southeast Asia. Subscription revenues were growing but so were foreign exchange losses. Every international invoice paid in a non-euro currency cost them more than expected due to weak conversion rates and hidden banking fees.
đź’¸ The issue:
- €15K lost each quarter to unfavorable FX rates and banking fees
- Payment delays of 7–10 days due to international clearing
- Inconsistent cash inflows made revenue recognition and forecasting difficult
SimpelFin’s Currency Conversion Tools Brought Immediate Relief
With SimpelFin’s global collection accounts and real-time FX management tools, the company began receiving client payments in local currencies — and converting them at mid-market rates with zero hidden fees.
âś… What changed:
- FX losses dropped by 72% in the first quarter
- Cash hit the accounts within 48 hours, not 10 days
- CFO gained full visibility over future revenue and planning became easier
Thanks to SimpelFin, the startup redirected its savings into R&D and performance marketing, accelerating growth without additional investor dilution.
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