Balance

Credit Card Processing · New York, United States · 51-200 Employees

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Overview

Headquarters

900 Broadway Ste 706, New York City, New...

Revenue

$94.9 Million

Industry

Credit Card Processing Finance Software Financial Software
ZI Rank: 6
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ZI Rank
3
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About Balance

Balance is a financial technology company headquartered in New York, New York. The company provides B2B payment solutions designed to help businesses manage their cash flow and purchasing needs more effectively. Balance offers a corporate credit card and payment platform specifically built for business-to-business transactions, enabling companies to extend payment terms while suppliers get paid immediately. The platform allows businesses to pay vendors using a Balance card even when vendors don't accept credit cards, effectively turning any payment into a card transaction. Balance provides flexible payment terms, allowing companies to defer payments and better manage their working capital. The company's services include virtual and physical corporate cards, expense management tools, and integration capabilities with accounting software. Balance serves small to medium-sized businesses across various industries that need to optimize their cash flow and streamline their accounts payable pRead more
Balance's Social MediaPopular SearchesBalance Payments IncMartin Quinlangetbalance.comBalance , companiesSIC Code 60,609NAICS Code 52,522Show more

Balance Org Chart

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Co-Founder & Chief Technology Officer

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Vice President, Research & Development

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Balance

$94.9M
51-200
Private
$436.5M
2020
YS
Yoni ShusterCo-Founder & Chief Technology Officer
$8.9M
11-50
Private
-
2010
JK
Jennifer KanePractitioner
$6.4M
11-50
Private
-
1987
$6.3M
11-50
Private
-
-
HM
Holly MarslandUsui Tibetan Reiki Master and Teacher
$6.2M
11-50
Private
-
-
TS
Theresa SarinOwner and Founder
$5.1M
11-50
Private
-
2012
Illustration of an envelope

Company Profile Activity

i

Among all Finance companies

Low Activity

High Activity

Activity Insights

Balance is experiencing very low activity levels compared to other companies in the Finance sector.

What does this means?

Balance is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Balance.

Balance financials insights

Gather financial insights about Balance, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2021

Angel/Seed

$5.5M

Series A

$25M

2022

Series B

$56M

Debt

$350M

See All Balance's Financials Insights

Balance Tech Stack

A closer look at the technologies used by Balance

Most Recent Scoops

Hiring Plans
Balance has more open roles in Engineering & Technical than it has had at any time in the past 12 months. Areas of expertise include: Agent-Based Model, Cross-Functional Collaboration, Dataflow, API Management, Product Management, and Systems Design.
Hiring Plans
Open Position
Hiring Plans
Balance has more open roles in Marketing than it has had at any time in the past 12 months. Areas of expertise include: Storytelling, Audience Development, and Competitive Analysis.
Hiring Plans
Hiring Plans
Balance has more open roles in Sales than it has had at any time in the past 12 months. Technologies mentioned include: UseProof. Areas of expertise include: Sales Engineering, and Payment Processing.
Hiring Plans
Hiring Plans
Hiring Plans
See more scoops

Balance News & Media

  • Balance and Alibaba.com Partner to Bring Flexible B2B Payments to SMEs Across the United States

    NEW YORK--(BUSINESS WIRE)--Balance, the AI-powered financial infrastructure platform for B2B commerce, announced today the launch of “Pay Later for Business” on Alibaba.com, an embedded financing solution designed to give U.S. small and medium-sized enterprises (SMEs) greater purchasing power and more control over how and when they pay. With this solution, Alibaba.com’s U.S. business users have the option to access instant credit at checkout, enabling eligible ones to finance purchases. This B2
  • Balance Powers Embedded Invoicing for Instacart Business Customers

    NEW YORK--(BUSINESS WIRE)--Balance, a financial infrastructure for B2B commerce, is proud to announce a collaboration with Instacart Business to introduce embedded invoicing as a payment method within the Instacart platform. Instacart Business customers can now apply for invoicing, receive instant credit decisions, and manage payments directly within the app—no redirects or third-party logins. The white-labeled solution gives Instacart full control of the end-to-end user journey, while deliveri
  • Hokodo and Balance Power Cross-Border Payment Terms for Global Merchants and Marketplaces

    LONDON & NEW YORK--(BUSINESS WIRE)--Hokodo, headquartered in Europe, and Balance, based in the United States, are announcing today a first-of-its-kind partnership that will redefine the global payment terms landscape and create new opportunities for B2B buyers and sellers. This collaboration establishes a one-stop shop for payment terms, so that global B2B companies can now effortlessly offer flexible payment terms to customers across Europe and North America. As merchants prioritize growth and
  • Vallourec Chooses Balance to Power Entry Into the Oil and Gas eCommerce Market

    NEW YORK--(BUSINESS WIRE)--Vallourec, a global leader in premium tubular solutions for the energy markets and industrial applications, has selected Balance to power the payments solution for its new online platform, Behub-e, which enables energy and industrial market players from all over the world to interact and transact online. Balance is the top B2B payments experience company that offers the first online checkout built for businesses. In partnership with Balance, thousands of companies in
Read more news

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Frequently Asked Questions Regarding Balance

What is Balance's official website?
Balance's official website is www.getbalance.com
What is Balance's Revenue?
Balance's revenue is $94.9 Million
What is Balance's SIC code?
Balance's SIC: 60,609
What is Balance's NAICS code?
Balance's NAICS: 52,522
How many employees does Balance have?
Balance has 51-200 employees
What industry does Balance belong to?
Balance is in the industry of: Credit Card Processing, Finance, Software
What is Balance competition?
Balance top competitors include: Reiki Healing Association, Huntington Beach Reiki, EmbraceLight, Reiki with Holly
What technology does Balance use?
Some of the popular technologies that Balance uses are: ClickCease, WordPress.org, PHP, DoubleClick
Who is the CTO of Balance?
Balance's CTO is Yoni Shuster
What does Balance do?

Balance is a financial technology company headquartered in New York, New York. The company provides B2B payment solutions designed to help businesses manage their cash flow and purchasing needs more effectively. Balance offers a corporate credit card and payment platform specifically built for business-to-business transactions, enabling companies t... o extend payment terms while suppliers get paid immediately. The platform allows businesses to pay vendors using a Balance card even when vendors don't accept credit cards, effectively turning any payment into a card transaction. Balance provides flexible payment terms, allowing companies to defer payments and better manage their working capital. The company's services include virtual and physical corporate cards, expense management tools, and integration capabilities with accounting software. Balance serves small to medium-sized businesses across various industries that need to optimize their cash flow and streamline their accounts payable processes. The company generates revenue through interchange fees and interest on extended payment terms. Balance's platform is designed to give businesses more control over their spending while providing detailed visibility into company expenses and vendor payments.Read More

What are Balance social media links?
Balance Linkedin page Balance Twitter page
Who invested in Balance?
Balance has 21 investors including UpWest, Lightspeed Venture Partners, Y Combinator and Stripe.
Is Balance a public company?
Balance is private company therefore does not currently have an official ticker symbol
See more information about Balance

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