“The subscription billing and payments experts”
For the past 11 years, Monexa has broken ground in the recurring billing industry and worked with hundreds of businesses to help maintain and improve their brand, service levels and business volumes. Over a decade of experience, deep skill-base and leadership in on-demand subscription billing software sets Monexa apart from similar service providers and attracts established customers North America-wide.
We started in 1998 as a recurring billing and payments engine for large ISPs and Telecom companies such as AOL and Bell Mobility as well as companies with complex reseller hierarchies like Amway. In 2003 and 2004 we acquired technical support and payment processing companies to broaden our scope of services into the general online subscription billing space.
As the Software as a service ( SaaS ) and more recently the cloud infrastructure markets began to see significant growth, several companies began approaching us for our expertise in recurring billing models. In 2008 we took our existing feature and function rich on-demand subscription billing and payments product and worked hard on some new user interfaces and billing language appropriate to these markets. In Mid 2008 we launched our solution enabling online subscription companies of any size to affordably obtain the same subscription billing and payments functionality as our large ISP and Telecom customers.
Experience: Monexa was the first to offer an on-demand subscription billing and payments platform. Our technology has been a true multi-tenant, on-demand solution from day one. 11 years of experience with sophisticated technology subscription customers has resulted in the most sophisticated product in the market and the most experienced team to guide your implementation.
Security: Our on-demand solutions operate inside our Payment Card Industry PCI – Data Security Standard (“PCI-DSS”) certified data center in Vancouver, BC, Canada. Our clients needing technical support for their customers can rely on Monexa 24 x 7 x 365 Customer Care and Technical Support center to provide expert outsourced customer support services.
Previously known as IP Applications.
IP Applications was originally founded in 1998 and is currently listed on the TSX Venture Exchange as "IPX". The company has 15,086,624 shares issued and outstanding as of December 31, 2006.
The company is tightly held by a select group of venture capitalists and former management; Pender Financial Group ownership has increased to 43% over the last three years. The public float is approximately 7,500,000 shares.
Over the past five years, the company has shown revenue growth of 454%, and was named to Deloitte's prestigious 2006 Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada.
Our target markets are a blend of short, medium and long term — i.e. Enterprise or Fortune 1000, Telecommunications companies, and Power Utilities (Broadband over Power Lines). The company has established, and will continue to strengthen, relationships with major players in each of these markets.
AOL Canada, Bell Mobility, Microsoft, iGlide, Quixtar, and Sage Telecom are a few of IP Applications’ 60+ clients.
An expert in the delivery of business processes and services over the Internet, IP Applications is the service behind the service provider. Our strength is creating effective, client-specific technology solutions that enable companies to deploy, manage and support IP services.
We help companies in the Telecommunications, Wireless and Broadband over Power Line markets to drive new revenue and optimize operational efficiency. Working in partnership, we identify the most efficient ways to deliver internal and external applications and services by leveraging our clients' and IP Applications' people, processes and technology.
Central to our solutions are IP Applications-technology systems: Operational Support System (OSS) and Help Desk. These systems are designed to enable service providers to manage every aspect of IP service delivery from end user service activation to account authentication, billing, reporting and support as well as IP network and device management.