Embedded B2B buy-now-pay-later financing that lets approved buyers defer payment while merchants are paid upfront.
Competing Products
Balance
Balance: Streamlining B2B payments with flexible, instant solutions for buyers and sellers.
Balance: Streamlining B2B payments with flexible, instant solutions for buyers and sellers.
Founded with the mission to revolutionize B2B payments, Balance offers a seamless digital payment experience tailored for B2B marketplaces, merchants, and service providers. The company’s vision is to simplify and modernize business transactions by providing flexible payment options. Balance enables business customers to pay using various methods such as check, card, or bank transfers and offers payment flexibility with net terms, payment plans, and invoice payments. This ensures sellers receive funds instantly, akin to card payments, enhancing the overall efficiency of B2B transactions.
Balance has garnered significant support from notable investors including Lightspeed, Stripe, and Max Levchin. These affiliations underscore the company's credibility and potential in the fintech space. Key achievements include the successful development and deployment of the first business checkout system that caters specifically to B2B needs. By streamlining the payment process, Balance has made a substantial impact on how B2B transactions are conducted, positioning itself as a pivotal player in the digital payment landscape.
Companies similar to Balance include MarginEdge, PayMongo, Mercoa and Slope.
Balance was founded in 2020.
Balance's headquarters is located in Tel Aviv, Tel Aviv District, IL.
Balance's most recent funding round was for $350M (USD) in November 2022.
As of Nov 22, 2022, Balance has disclosed funding of $431.3M (USD). Undisclosed round amounts are excluded.
Balance has 75 employees as of Feb 24, 2024.
Slope
slopepay.com