Fintech co BlueVine raises $130m

Fintech co BlueVine raises $130m

Israeli fintech company BlueVine is expanding its online business lending operations with new debt financing of up to $130 million from banks and investors. BlueVine, which provides working capital financing to small and medium-sized businesses has raised the funds from Silicon Valley Bank, SunTrust Bank, Bank Leumi and TriplePoint Venture Growth BDC Corp. The new funds will support the scaling of BlueVine’s pioneering online invoice factoring product and the company’s overall growth. Founded in 2013, the company is headquartered in Redwood City, California and has its development office in Ramat Gan. BlueVine has 150 employees, 60 of them in […]