Qwil’s Johnny Reinsch: ‘Our mission is to provide liquidity to SMBs and freelancers around the world’ Nationwide Announces New Partnership...
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[Editor’s note: This is a guest post from Eyal Lifshitz, CEO of BlueVine. BlueVine is a Bronze Sponsor at LendIt USA 2016, which...
Online small business lenders use digital and direct marketing to help find new customers but the best way to grow...
As non bank lenders continue to gain market share across different loan segments, we wanted to give a complete overview...
Getting the Paycheck Protection Program up and running was an event unto itself, getting forgiveness right will be an even...
In an interview in Forbes, Bluevine CEO and Co-Founder Eyal Lifshitz, gives some background on the history of his company...
There has been a healthy level of new funding deals closed in recent weeks. What we want to do in...
BlueVine raised $49 million in a Series D funding round from existing investors including Lightspeed Venture Partners; BlueVine has so far provided $200 million in working capital and says they are on track to lend out $500 million in 2017; BlueVine credits partnerships for a lot of their success, in particular the deal with QuickBooks who says the BlueVine offer is very popular among users. Source
CNBC talks with Eyal Lifshitz of Bluevine who says fallouts from public companies have affected valuation discussions noting that investors are more skeptical now after struggles from Lending Club and OnDeck; Lifshitz expects companies will drop out of the market and Schwark Satyavolu, general partner at Trinity Ventures, says the industry is likely to see more acquisitions and consolidation. Source
In recent months Jersey City has seen three more companies relocate to the area; companies recently relocating include Yellowstone Capital, World Business Lenders and Principis Capital; this is in addition to BlueVine and Funding Metrics recently opening up operations in the city; one of the main drivers behind the move is the Grow NJ tax program helping businesses save money by relocating. Source.