Fintech Company Bluevine Raises $200 Million in C Round

Bluevine, the Redwood City-based company specializing in online cash flow management solution, has announced that it raised a $200 million Series. The investors are Credit Suisse.

The company was founded in 2013 and to date has raised $518 million.

BlueVine is an online invoice factoring company that helps small businesses overcome their short-term cash flow challenges.

BlueVine bridges the cash gap that results from slow-paying customers by enabling businesses to sell their unpaid invoices, eliminating the need to wait for net 30 or 60 payments. Opening an account is quick and easy, and funds are typically available within one business day.

To learn more about Bluevine, visit their company profile on Finder.

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