Register Now is an online registration service for event organizers, clubs, associations and universities to easily manage data from registration forms. The company has grown successfully with over 1,000 clients and more than 500,000 registrations per year.
While working on Register Now, the founding team saw an opportunity to develop a payment system, which they called Payment Logic. This second SaaS startup enables Australian businesses to pay suppliers or service providers using their own credit cards online.
As both companies quickly progressed, the team ran into a funding challenge common in most startups.
While Register Now was growing at a fast rate and needed to revamp its UI, Payment Logic was taking off but still with limited funds.
There was a need for both tech teams to ramp up, but with high salary requirements to attract good talents, Register Now and Payment Logic’s options were limited.
Early in their process, Register Now and Payment Logic founders heard about Arcanys.
Being new to outsourcing, the company founders decided to take part in a 2-week risk-free trial which Arcanys agreed to work on a proof of concept. It involved two of Arcanys' .NET developers whom Mark Nimco—CTO of both companies at the time—interviewed.
Register Now prepared a detailed scope of work and gave Arcanys a timeline to complete the job. Upon delivery, Mark thoroughly reviewed the output and was highly impressed.
After much deliberation, Register Now and Payment Logic’s co-founders decided to add not only two members to the Register Now team, but also added two more developers for Payment Logic.