RevenueCat Raises $50M to Revolutionize Mobile App Monetization

RevenueCat Raises $50M to Revolutionize Mobile App Monetization

RevenueCat Raises $50M to Transform Mobile App Monetization and Developer Tools Wondering how mobile app developers can simplify subscription management while adapting to new payment rules? RevenueCat, a leading subscription infrastructure platform powering over 70,000 apps, has just raised $50 million to expand its services beyond traditional mobile monetization. With one in three new subscription apps built using RevenueCat, this company is a cornerstone of the mobile economy. Now, it’s preparing to solve even more challenges developers face, especially with emerging opportunities like web-based payments.                             Image Credits:RevenueCat RevenueCat’s new funding round, led by Bain Capital and backed by returning investors such as Index Ventures and Y Combinator, marks a significant milestone. The fresh $50 million builds on last year’s $12 million Series C, bringing the company’s total funding to $100 million and valuing it at $500 million. CEO Jacob Eiting refers t…