Bluevine

Bluevine

Provides financial solutions for SMBs

About Bluevine

Simplify's Rating
Why Bluevine is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$807.5M

Headquarters

Redwood City, California

Founded

2013

Overview

BlueVine offers banking solutions tailored for small and medium-sized businesses (SMBs) in the United States, including business loans, lines of credit, and invoice factoring. Their business loans can cover essential expenses, and the Paycheck Protection Program (PPP) loans are forgivable if used for specific costs. The line of credit provides flexible access to funds, while invoice factoring allows businesses to sell unpaid invoices for immediate cash. BlueVine's online platform ensures quick approvals and transparent pricing, distinguishing it from competitors.

Simplify Jobs

Simplify's Take

What believers are saying

  • Bluevine's partnership with Xero enhances data sync and collaboration for small businesses.
  • The rise of digital-only banking aligns with Bluevine's online platform model.
  • Bluevine's AI-driven analytics can offer predictive insights into cash flow management.

What critics are saying

  • Increased competition from Galileo's Deposit Sweep product may attract Bluevine's customers.
  • Recent layoffs at Bluevine could indicate internal financial challenges or restructuring.
  • Mastercard's Biz360 platform offers a competitive threat with its consolidated digital toolset.

What makes Bluevine unique

  • Bluevine offers tailored financial solutions specifically for small and medium-sized businesses.
  • The company provides a seamless online platform for quick and flexible financial services.
  • Bluevine's transparent pricing model ensures no hidden fees for its customers.

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Funding

Total Funding

$807.5M

Above

Industry Average

Funded Over

9 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health, vision, & dental insurance

Competitive salary

401k

PTO & holidays

Parental leave

Life insurance

Commuter pass

Weekly catered lunches

Volunteering events

Happy hours

Company News

PYMNTS
Apr 8th, 2025
Galileo Introduces Deposit Sweep Product For Fintechs

Galileo Financial Technologies has introduced a product that automates deposit sweeps for FinTechs, enabling them to offer more competitive returns and peace of mind to customers whose balances exceed the FDIC insurance limit. The new Galileo Deposit Sweep facilitates the data exchange and reporting framework for FinTechs that collaborate with a deposit sweep provider and participating banks, the company said in a Tuesday (April 8) press release. The product identifies customer accounts designated for deposit sweeping, automates funds transfers above a defined threshold, and ensures the transfer of excess funds into designated high-yield accounts, according to the release

US Connections Inc.
Feb 25th, 2025
Small Business Confidence Surges Despite Economic Challenges, Bluevine Survey Finds

Small business owners are entering 2025 with heightened confidence despite persistent economic uncertainty, according to Bluevine's 2024 End-of-Year Business Owner Success Survey (BOSS) Report.

PR Newswire
Feb 24th, 2025
Bluevine Survey Shows Us Small Businesses Confidence Is Surging

Bluevine's 2024 End-Of-Year BOSS Report shows SMBs are staying ahead through strategic financial moves despite ongoing economic volatility. JERSEY CITY, N.J., Feb. 24, 2025 /PRNewswire/ -- Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today released its 2024 End-of-Year Business Owner Success Survey ("BOSS") Report™, offering a look at how small business owners (SBOs) are navigating uncertainty and positioning themselves for 2025.  After surveying 1,200 SBOs, a clear picture emerged: While inflation and rising costs are still causing concern for SBOs, owners are looking to 2025 with more confidence than they have had in years. SMB owners are uniquely positioned to navigate economic uncertainty because they've been forced to do so over the past two years. The economy was running hot - until the Fed raised rates, inflation surged, and after two relentless years of unpredictability small business owners had no choice but to adapt. Unlike larger corporations, SMBs have had to adjust in real time - learning how to operate lean, stay agile and keep moving forward despite headwinds

PR Newswire
Feb 3rd, 2025
Bluevine Announces Partnership With Xero To Deliver Banking Solutions For Small Businesses

The integration will provide seamless data sync and greater collaboration opportunities for small business owners and accountants in the USJERSEY CITY, N.J., Feb. 3, 2025 /PRNewswire/ -- Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced an ongoing partnership with global small business accounting platform, Xero.Through this collaboration, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with greater efficiencies and growth opportunities

FF News
Feb 3rd, 2025
Bluevine Announces Partnership With Xero To Deliver Banking Solutions For Small Businesses

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced an ongoing partnership with global small business accounting platform, Xero.Through this collaboration, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with greater efficiencies and growth opportunities.In Bluevine’s accountant dashboard, accountants can securely access their clients’ Bluevine accounts, making it easier to collaborate and manage finances. Bluevine’s partnership with Xero offers customers a comprehensive solution for tracking expenses, analyzing financial performance, managing cash flow, and driving growth.Bluevine Plus and Premier customers will receive a six-month free trial of Xero’s accounting software, while US-based Xero customers can access a three-month free trial of Bluevine’s Plus or Premier banking plans. Bluevine Standard customers will receive a free three-month trial of Xero’s accounting software. Bluevine Premier offers exceptional value with 3.7% annual percentage yield, low-cost payment fees, ACH positive pay, and priority customer support. To further empower and enable small businesses, Xero customers opening a Bluevine account can also qualify for a $300 sign-up bonus, if they meet eligibility requirements. For more details, see Plans and Pricing and the Xero promotion page.“We’re proud to partner with Xero to simplify financial management for small business owners and their accountants, and unlock value for both groups,” said Kyle Cooper, VP and GM of Checking and Payments at Bluevine.Vikram Grover, Executive General Manager, Global Partnerships at Xero said, “Small businesses thrive when they have access to accurate, real-time financial data at their fingertips

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