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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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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.
Operating Status
Active
Ownership Type(s)
Venture Capital, Equity
Main Product(s)
B2B Payments
Technology
FinTech
Tags
SaaS, API
Model Types
Platform, Software
Revenue Type(s)
Transactional, Recurring
Customer Type(s)
Enterprise, Small Business
Geographic Exposure
Global
When was Balance founded?
Balance was founded in 2020.
Where is Balance’s headquarters located?
Balance’s headquarters is located in Tel Aviv, IL.
When was Balance’s last funding round?
Balance’s most recent funding round was for $350M (USD) in November 2022.
How many employees does Balance have?
Balance has 75 employees as of Feb 24, 2024.
How much has Balance raised to-date?
As of July 05, 2023, Balance has raised a total of $431M (USD) since Nov 22, 2022.
Add Comparison
Total Raised to Date
$431M
USD
Last Update Nov 22, 2022
Last Deal Details
$350M
USD
Nov 22, 2022
Debt Financing
Total Employees Over Time
75
As of Feb 2024
Balance Address
Tel Aviv,
Israel
TechCrunch
Linktree surpasses 50M users, rolls out its social commerce program to more creators
Link-in-bio startup Linktree has crossed 50 million users and is rolling out the beta of its social commerce program. © 2024 TechCrunch....
May 22, 2024
Is this the right Balance?
Help us improve our AI - Is this article for the right company?
TechCrunch
Linktree surpasses 50M users, rolls out its social commerce program to more creators
Link-in-bio startup Linktree has crossed 50 million users and is rolling out the beta of its social commerce program. © 2024 TechCrunch....
May 22, 2024
Is this the right Balance?
Help us improve our AI - Is this article for the right company?
TechCrunch
Lydia, the French payments app with 8 million users, launches mobile banking app Sumeria
Lydia is splitting itself into two apps — Lydia for P2P payments and Sumeria for those looking for a mobile-first bank account. © 2024...
May 15, 2024
Is this the right Balance?
Help us improve our AI - Is this article for the right company?
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts