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In the last eight years, the corporate charge card market ( see definition below ) has seen the launch of 3 major digital players ( Ramp in 2019, Brex in 2017, and Divvy in 2016) that are already multi-unicorns. Profiles: Challenger SMB Charge Card Issuers 1. Challenger of the Month* Meet BILL. Your financial operations platform.
In the last eight years, the corporate charge card market has seen the launch of 3 major digital players ( Ramp in 2019, Brex in 2017, and Divvy in 2016) that are already multi-unicorns. In addition, Expensify (founded in 2008), went public in Nov 2021 and was worth nearly $5 billion before falling to $300 now.
This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, creditcard issuers and payment providers. Well also link to important demos, podcasts and YouTube videos.
million ( SimilarWeb , Jan 2025) Employees: 591 ( Pitchbook ), down 27 since Sep 24, up 7 since Jan 24, up 13 since Nov 23, up 16 since May 23 Articles: 133 (Crunchbase) Linkedin : 60,000 followers (566 employees, down 24 since Sep 24, down 42 since Jan 24, down 16 since Nov 23) Trustpilot : 4.2 8,380 reviews, up 180 since Sep) 3.
Visits (Nov 21). Market cap: $82B (15 Dec 2021). Website visits: 45.1M (Nov 2021; SimilarWeb). Website visits: 33.2M (Nov 2021; SimilarWeb). Went public Nov 2015 (NYSE:SQ) at $2.9B Market cap: $80.2B (15 Dec 2021). Website visits: 35.2M (Nov 2021; SimilarWeb). Went public Nov 2015 (NYSE:SQ) at $2.9B
5-min demo (21 Nov 2021). That first-3-year growth rate in market cap puts it in the top 4 or 5 of all time. What the company does that sets it apart, and apparently fees the valuation, is allowing bills to be paid from third-party creditcards for a 2.9% charge to any credit/debit card (2.9% 1099 forms.
The first, Divvy, is a corporate creditcard and expense management firm in the same category with Brex, Expensify, and others. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Nov 2018 transaction. Nov 2019 round. Credit Karma. Nov 2019 round.
The first, Divvy, is a corporate creditcard and expense management firm in the same category with Brex, Expensify, and others. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Nov 2018 transaction. Nov 2019 round. Credit Karma. Nov 2019 round.
Bill.com (see also #13 Invoice2Go) FAB Score = 842 ( down 120 ) HQ: San Francisco Bay Area Founded: 2006 Raised $496M including $216M in its Dec 2019 IPO ( Crunchbase ) Annual revenue (TTM): $1.2B ( Yahoo ) Market Cap: $5.1B ( NYSE:BILL 15 Aug 24) down $3.3B since 30 Jan 24; down $6.7B since 29 Aug 2023, down $3.1B
LendUp: Raised $362M, offers credit building and short-term loan products, expanded into creditcards. BillGuard (acquired by Prosper): Creditcard fraud protection service, acquired by Prosper Marketplace. Dynamics: Innovated with multi-currency and programmable creditcards.
In an email today, they offered 125 stars for the first ride (through Nov 9) plus 5 stars per “morning commute” on an ongoing basis. You could incent deposits at 1 star per $10 annually with a balance cap of $5,000 or $10,000. value per ride).
In the last eight years, the corporate charge card market ( see definition below ) has seen the launch of 3 major digital players ( Ramp in 2019, Brex in 2017, and Divvy in 2016) that are already multi-unicorns. Below is a list of the 17 challenger business creditcards currently active in the United States.
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