PaySauce passes cashflow positive milestone

Wed, 13 Apr 2022

PaySauce has just passed a key milestone, turning cashflow positive for the first time in the three months ended March."Generating positive cashflow has been our top priority in the last two years," said chief executive Asantha Wijeyeratne."To do that in the timeframe we originally set without compromising rapid growth is really pleasing. We now have a platform from which to reinvest profits back into the business to further accelerate that growth," Wiyeyeratne said.The company's recurring revenue passed $1 million in th...

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