$200-250k
+ Restricted stock units
More information about location
Credit lines for small business based on your revenue streams
Be an early applicant
Credit lines for small business based on your revenue streams
101-200 employees
Be an early applicant
$200-250k
+ Restricted stock units
More information about location
101-200 employees
To unlock the potential of small businesses by giving them financial agility and peace of mind.
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View 4 more jobs at Fundbox
36% employee growth in 12 months
Nov 2021
$100m
SERIES D
May 2020
$20m
SERIES C
Having a reliable cash flow is essential for any business. Compared to transfers between individuals, B2B payments have been relatively slow to digitize, with payments delayed for around two months on average for small and medium sizes businesses.
Fundbox has created a platform that speeds up how money is exchanged between businesses. Currently, there is over $3T in the U.S. stuck in accounts receivable, meaning cash that is owed between small business buyers and sellers.
As it moves forward, payments are its focus. The payments industry has seen revenue steadily growing, reaching almost $2T globally in 2018. New entrants are tapping into more areas of the space, although Fundbox is competing with companies like Stripe and Kabbage, it believes there is a big enough opportunity in the business-to-business market for several companies to thrive.
The company's long term goal is to be the Visa of B2B payment and credit, offering short-term small-business loans and B2B sellers can get paid at the time of sale via Fundbox Pay. At present, over 500,000 SMBs use FundBox, and it partnered with SMB financial health platform Nav in 2024, using the latter's financial health analysis to create more certainty for SMBs in loan underwriting.
Kirsty
Company Specialist at Welcome to the Jungle