How Bluevine’s Financial Operating System Is Powering Growth for SMBs

Small business owners often struggle to access the banking services and support offered to larger enterprises and corporations–adding another layer of difficulty to the already complex job of running a small company. Fintech provider Bluevine set out to fill this service gap by building better banking solutions for startups and small businesses, offering this dynamic segment the attention and service it deserves. 

Combining cutting-edge technology and security with hands-on client support, Bluevine aims to give small business owners the banking services and financing they need to succeed and grow.  Since its founding more than 10 years ago, the company has signed up more than half a million small business clients, delivered more than $14 billion in financing and currently manages $1 billion in client deposits. 

Galileo Expands Buy Now, Pay Later Offering to Help Lenders Reach SMBs

Galileo recently spoke with Bluevine co-founder and CEO Eyal Lifshitz about how the company is empowering small businesses to thrive and expand–today and into the future. 

Mission: “Bluevine provides small businesses with a broad banking platform that serves as an ‘operating system’ to better help them manage their finances,” said Lifshitz. “And our mission is to make financial services more accessible, more affordable and basically easier and more intuitive to use for small businesses.”

Founding: Founded in 2013 in Tel Aviv, Bluevine opened its first U.S. office the following year in Silicon Valley and has since expanded its footprint with locations in Jersey City, Salt Lake City and Bengaluru, India. Originally, the company specialized in providing small business financing, but soon expanded into additional financial tools and services. Today, Bluevine offers what Lifshitz described as an “all-in-one banking platform” tailored for startups and small companies.

What Galileo Does for Them: Galileo serves as the issuer processor for Bluevine, supporting their business banking clients with essential services like payment processing, ACH processing, and physical and virtual card issuing. These solutions enable Bluevine to deliver seamless and scalable banking experiences for small businesses.

“We’re very ambitious and eager to build more, and we found Galileo is very receptive to that in terms of seeing how we can align roadmaps and how we can get the support that we want for the products and features we want to launch,” said Lifshitz. “Overall we found it to be a very successful partnership; we wouldn’t be able to be where we are today without Galileo.” 

The Road Ahead: “Our goal is to become the most loved small banking platform in America, which in my mind means two things. The first is, how can we continue to innovate and build and deliver value? And the second is, how do we reach more small businesses?” Lifshitz said. “There is a lot more for us to do. We’re building a financial operating system for small businesses–and the boundaries of that are going to keep growing and moving. So that’s something we’re constantly looking at.”

How SMBs are Leveraging Technology for Better Liquidity Management