Canva has announced a significant price increase for its subscription service Canva Teams, raising the cost from $120 to $500 per year for five users, a staggering 320% hike.
The increase comes as Canva has integrated a range of new AI features, including Magic Studio, which aims to enhance user experience and creativity within the platform.
Many users have expressed their dissatisfaction with the new pricing strategy, especially considering Canva Teams was initially marketed as a more affordable solution compared to Adobe's offerings.
Despite the backlash, Canva is offering an introductory 40% discount for the first year, reducing the initial price to $300, before fully transitioning to the regular price.
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