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February 17, 2020

CrewPay Whatupdate No. 39

Hello, crew.

Team Accomplishments & News

  • Quiet this week

Product Accomplishments & News

  • Product update from Matt: Slides

Sales, Marketing & Customer Success Accomplishments & News

  • Continued outreach
  • Meetings with two “gig economy” startups

Revenue & New Client

  • 32 transactions last week (98 YTD)
  • $55,410 sent last week ( $180,553 YTD)
  • 0 new companies, 8 new contractors
  • 6 active companies (14 total)
  • 47 active contractors (104 total)
  • Totals:
    • MRR: $214
    • ARR: $2,568
    • MRPC: $35.67

Closing Thoughts

Quick refresher. Our two focuses this quarter are: - find and develop a path of direct revenue with momentum (3+% week over week) with direct customers and/or bookkeepers, and/or financial institutions - identify interest in the technology with financial institutions

While we’re continuing the marketing and sales efforts, Marty and I head to Charlotte with Troy to meet with a few folks in investment banking.

The goal of this meeting is aligned with our second focus. Our hope is to learn more about what opportunities, if any, exist for CrewPay’s solution for 1099 contractor management and payments.

Look forward to letting you know how it goes!

Have a great week.

Ever,
David

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