Balance Analysis: $56M Raised
What is Balance?
Balance provides B2B software and APIs for managing payments, trade credit, and the entire business transaction lifecycle.
Employees
70
Founded
2020
Revenue
$14-15M
Investors
- Viola Credit
- Jeff Wisener
Product Features & Capabilities
- B2B Payments, Digital Trade Credit, Marketplace OS, AR Management, buyer & vendor onboarding, instant credit decision, net terms financing, B2B checkout, automated collections, dynamic invoice adjustments, global payouts
How much Balance raised
1 - $56 million
July 2022Lead Investor: Lightspeed, Stripe, Max Levchin
Who are the founders of Balance
BG
Bar Geron
Founder
YS
Yoni Shuster
Founder
Market Focus
Balance primarily focuses on the B2B (business-to-business) software industry, specifically providing solutions for payment processing, trade credit extension, and transaction lifecycle management.
Competitors Overview
The main competitors of Balance in the B2B payment processing and trade credit management market include:
-
Slope: Focuses on providing a seamless payment experience for B2B transactions, emphasizing user-friendly interfaces and integration capabilities.
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Resolve: Offers flexible paymen
Business Model
Revenue from transaction fees and factoring fees for B2B payment facilitation.
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