Bluevine, founded in 2013, is making significant strides as the largest small business banking platform in the U.S. The company is committed to empowering small businesses with innovative financial solutions, offering a comprehensive range of services like high-yield business checking, accounts payable, debit and credit cards, loans, and lines of creditβall managed through a single dashboard. This simplifies financial management for over 500,000 customers who have collectively received more than $14 billion in loans, with over $1 billion in customer deposits managed.
Backed by prominent investors such as Lightspeed Venture Partners, Menlo Ventures, and M12 (Microsoftβs Venture Arm), Bluevine has proven its robust appeal amidst industry veterans. The latest round of investment, a $75 million debt financing from Atalaya Capital in September 2020, underscores sustained investor confidence. Operating against a backdrop of a global workforce exceeding 500 employees, Bluevine's fintech position is solidified via its partnership with Coastal Community Bank.