Tagged: bluevine

May 22, 2018 @ 10:50 am By JD Alois  |  

Lending Express, an AI-powered platform for business loans, is reporting it has received a $2.7 million seed round led by Entrée Capital, iAngels, and existing investors. The new money will be used to scale operations in both the US and Australia. “We are proud to… Read More

May 1, 2018 @ 8:00 am By JD Alois  |  

Online lender BlueVine has secured a $200 million asset-backed revolving credit facility with Credit Suisse. Additionally, the SME focused platform said it has upped its business line of credit to $250,000. Earlier in 2018, BlueVine doubled its invoice factoring credit limit to $5 million. BlueVine’s total… Read More

January 31, 2018 @ 12:52 pm By Samantha Hurst  |  

California-based fintech BlueVine announced it has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and medium-sized businesses.  The company also increased the limit… Read More

January 16, 2018 @ 10:09 am By Samantha Hurst  |  

On Tuesday, California-based fintech BlueVine announced it has appointed Ana Sirbu as its new Chief Financial Officer. Sirbu joined BlueVine in April 2016 and was named Vice President of Finance and Capital Markets and has reportedly helped the company secure over $200 million in equity and debt financing in… Read More

October 17, 2017 @ 9:28 am By Samantha Hurst  |  

Fintech startup BlueVine announced on Tuesday it has expanded its reach with up to $130 million in new debt financing and business credit line, allowing business owners to make monthly, instead of weekly, payments, over 12 months. The company shared it introduced the new product… Read More

February 28, 2017 @ 9:43 am By Samantha Hurst  |  

Fintech startup BlueVine announced on Tuesday it has secured a warehouse credit line of up to $75 million from Fortress Credit Corp. BlueVine reported that the new financing would allow it to expand its fast-growing line of credit financing solution called Flex Credit and enhance… Read More

December 20, 2016 @ 12:31 pm By Samantha Hurst  |  

Following the news that BlueVine secured $49 million during its Series D funding round, the fintech startup announced it was launching a new scholarship program specifically for young entrepreneurs. The company stated its Young Entrepreneurs Scholarship program aims to motivate and support aspiring business owners… Read More

December 14, 2016 @ 8:41 am By Samantha Hurst  |  

BlueVine, an online lender that provides factoring finance, announced on Wednesday is has secured $49 million during a Series D funding round, which was led by existing investors including Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, Rakuten FinTech Fund, and Silicon Valley Bank. Since… Read More

July 19, 2016 @ 10:47 am By JD Alois  |  

BlueVine, an online lender providing factoring finance, has hired Eric Sager as Chief Revenue Officer. Sager was formerly head of sales for Square. Simultaneously, BlueVine has increased their max credit line to $500,000 for invoice factoring and $50,000 for “flex credit.” Sager will be tasked… Read More

April 27, 2016 @ 8:27 am By Samantha Hurst  |  

Online provider of working capital financing to small businesses, BlueVine, announced on Wednesday that it has secured a strategic investment from Citi Ventures. This investment will support the company’s growth as it continues to develop its capital financing platform for small businesses and expand. Eyal… Read More

April 7, 2016 @ 10:19 am By Samantha Hurst  |  

BlueVine, an online provider of working capital financing to small businesses, announced on Thursday it was now offering “flex credit” for companies to obtain a revolving business line of credit. According to BlueVine, flex credit offers companies a business line of credit between $5,000 and $30,000 with simple, transparent… Read More

January 20, 2016 @ 11:29 am By Samantha Hurst  |  

BlueVine, an online provider of working capital financing to small businesses, announced on Wednesday it has closed $40 million in funding, bringing the company’s total funding to $64 million to date.  This Series C funding was led by an investment from Menlo Ventures, with additional… Read More

October 26, 2015 @ 4:22 pm By Samantha Hurst  |  

Bizfi, the premier fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses announced that it originated more than $127 million in business financing in the third quarter of 2015. This represents a double-digit percent increase in originations compared… Read More

January 23, 2015 @ 9:45 am By Erin Hobey  |  

Fintech BlueVine Capital secured $18.5 Million from investors reported Lizette Chapman reported for Dow Jones VentureWire.  Based in Palo Alto, Calif., BlueVine was founded in 2013 by Chief Executive Eyal Lifshitz while he was a principal at venture firm Greylock IL, and currently employs 18 people. “Other companies, such as Kabbage Inc…. Read More