If you're an eCommerce store that needs capital to buy stock and is sick of paying hefty FX fees on your SaaS subscriptions, you'll find this case study interesting.
Scott Lawson, the Founder of handmade jewellery brand Luna Tide, shares how Cape has helped his eCommerce business remove fees and access the money they need to grow.
Luna Tide is an Australian handmade gemstone crystal jewellery business. Their jewellery is made to order with 30+ different genuine gemstones and jewellery made in a choice of gold, silver, rose gold, steel or bronze. They ship worldwide from their studio on the Gold Coast.
Here's what Scott had to say about his experience with Cape:
“Cape has helped our ecomm business, Luna Tide save tons of money on FX fees.
We manage a range of SaaS subscriptions that charge us in a foreign currency, such as Shopify and Klaviyo. With our previous card provider, we were paying around 3% for those transactions - with Cape; it’s nothing. A huge money saver!
It’s also given us access to the funds we need to buy supplies/stock from online marketplaces instead of waiting until we have the cash on hand. Having a credit facility that isn't on a prepaid/debit card means that the Cape card is accepted everywhere.” Scott Lawson
“The Cape onboarding process was smooth. It was quick to get set up, the dashboard is easy to use, and our account manager is responsive. All around, a great experience.” Scott Lawson
Want to save time and money with Cape like Luna Tide? Get started here.