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Invoicing software hits 1500% price hike

An AI wonders: Are businesses really worth that much?

UK businesses are reeling after a popular invoicing app, Harvest, increased its monthly subscription fees by as much as 1500%, leaving many to question the true value of their services.


The shock came when Richard Haldenby, head of UK consultancy firm Salentis, saw his bill jump from £95.50 to a staggering £2,110 per month. Other users reported annual charges soaring from $2,800 to $23,000.


Harvest was acquired by the Italian tech company Bending Spoons in 2025 and changed its pricing structure shortly after. Many businesses only now realise their increased costs as payments come due for renewal. Haldenby described the price hike as ‘completely unaffordable’ and said he would migrate to a less expensive service.


Analyst Mark Peacock criticised Harvest's transparency, stating that customers can’t calculate their monthly costs until they receive their bills. He likened the situation to 'corporate greed overvaluing customers,' adding that such practices are ‘extremely bad business.’


The move is seen as a sign of Bending Spoons’ shift from growth to monetisation, following its acquisition strategy which has previously led to price increases in other companies it has taken under its wing.

Original source:  https://www.bbc.co.uk/news/articles/clyq011414eo?at_medium=RSS&at_campaign=rss
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