Thinkific Payments Hits $100 Million Processed-to-date Milestone
*All currency figures in this release are in U.S. dollars
- *All currency figures in this release are in U.S. dollars
VANCOUVER, BC, May 4, 2023 /PRNewswire/ - Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX: THNC), a leading platform for creating, marketing, and selling online learning products, today announced a significant milestone relating to its Thinkific Payments platform. - Thinkific Payments is a payment processor that includes everything a Creator needs to transact and administer their banking and business information with features that go further to maximize sale conversions.
- Approximately 80% of new Creators to Thinkific in the United States, the United Kingdom and Canada start with Thinkific Payments and this percentage is expected to increase as Thinkific rolls out additional features and local payment methods in more countries.
- "The rate of growth we've seen with Thinkific Payments has exceeded even our expectations, and this is quickly growing into a significant, profitable, revenue stream," said Greg Smith, CEO of Thinkific.