Butter Payments

About Butter Payments

Butter Payments is a financial technology startup that uses machine learning to help businesses recover failed payments, a common issue that can lead to significant revenue loss. The company operates in the B2C, B2B, SaaS, and e-commerce subscription markets, serving clients who rely on recurring payments for their revenue.

Butter Payments' business model is based on a per-payment approach, where each failed payment is processed individually, not in batches. This allows for a more tailored approach to each payment, increasing the chances of recovery. The company uses machine learning models customized to each client's business to determine the best retry strategy for each failed payment.

Butter Payments integrates directly with clients' payment processors and subscription management platforms, including both commercial tech stacks like Stripe and Recharge, and custom platforms built in-house. The company places a high priority on security and compliance, with regular vulnerability assessments and penetration testing, and is SOC 2 Type 2 and PCI DSS Level 2 compliant.

The company operates on a revenue share model, meaning it only makes money when it successfully recovers a client's revenue. There are no retainer fees, and the company provides dedicated customer support.

In summary, Butter Payments is a fintech startup that uses machine learning to help subscription-based businesses recover failed payments, thereby increasing their annual recurring revenue (ARR) and reducing churn.