![]() – Website traffic: 420,000 (Mar ’23, SimilarWeb) – Linkedin: 13,200 followers (191 employees) – Articles: 394 (Crunchbase) <<<< Highest – Website visits (Mar 2023): 1.4M ( SimilarWeb) <<<< Highest – Linkedin: 68,800 followers (577 employees) – Employees: 464 ( Pitchbook, down 8 since Feb) <<< Highest – Website visits (Mar 2023): 1.0M ( SimilarWeb) – Raised $1.3B since Jan 2021 ( Crunchbase) <<< Highest – Valuation: $8.1B (based on Feb 2022 round) <<< Highest Profiles: Challenger SMB Charge Card Issuers dollars)ĭefinition: Charge cards require the balance to be paid in full each month credit cards allow the balance to be rolled over, often at a relatively high interest rate). ***Funding includes both equity and debt amounts (millions of U.S. Inputs primarily include funding, website traffic and employee count. **FAB score = Fintech Attention Barometer, a proprietary measure of company size calculated by Fintech Labs. This does not impact their FAB score but does impact placement on the site. *Sponsor: FintechLabs may receive referral revenues or sponsorships from issuers. Source: Compiled by FintechLabs, 13 April 2023, from Crunchbase, SEMrush, SimilarWeb Ranked by FAB score (Fintech Attention Barometer**) Rank Leading USA Digital Small Business Charge Cards ( updated 13 April 2023) The FAB Score Ranking (Fintech Attention Barometer) is a proxy for the size of a private fintech company. NEW: Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15) | SMB charge cards/expense management (16) | Billpay & invoicing (16)| Payment processors (7) | Subscription processors (7) | SMB digital accounting/bookkeeping (21) | Equity crowdfunding (7) ✓ No annual fees ✓ Flexible rewards ✓ Free-to-use software platform ✓ Stable credit lines ✓ Automated expense management ✓ As many physical & virtual cards as you need ✓ Budgets with built-in spend controls ✓ Real-time transaction tracking ✓ Integrations with apps you use everyday – Rating: 4.Website (acquired by ) | HQ: Utah | Founded: 2016 | Valuation: $2.5B (June 2021 exit) | Raised $418M ($165M since Jan 2021) | Website visits (Mar 2023): 440,000 | Employees: 443 | Articles: 77 | Linkedin: 33,000 followers Why do Divvy customers love it so much? – Website visits (July 2021): 300 (SEMRush) – Raised $0.5 ($0 in last 12 months) ( Crunchbase) ![]() – Raised $4.9M ($0 in past 12 months) ( Crunchbase) Bento for Business (acquired by US Bank, Aug 2021) – Raised $81.7M ($0 in past 12 months) ( Crunchbase) – Raised $43.4M ($34.3M in past 12 months) ( Crunchbase) – Articles (past 2 years): 20 (Crunchbase) – Raised $418M ($165M in past 12 months) ( Crunchbase) Divvy (acquired by 1 June 2021 for $2.5B) – TrustRadius: 8.6 (257 reviews) (Note: TrustPilot scores not valid at this time).Ĥ. – Website visits (July 2021): 1.5M (SimilarWeb) – Raised $38.2M ($0 in past 12 months) ( Crunchbase) – Capterra: 4.9 (45 reviews) (no reviews on TrustPilot) – Raised $610M ($595M in past 12 months) ( Crunchbase) – Website visits (July 2021): 1.0M (SimilarWeb) – Raised $1.2B ($575M in past 12 months) ( Crunchbase) Top 10 Challenger SMB Charge Cards Currently Active in the United States ***Rho, a challenger bank, is the newest entrant, launching a charge card in May 2021ĭefinition: Charge cards require the balance to be paid in full each month, credit cards allow the balance to be rolled over, often at a relatively high interest rate). **Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. *FAB score = Fintech Attention Barometer, a proprietary measure calculated by Fintech Labs. Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb Here is a list of the 15 challenger business credit cards currently active in the United States. The most recent example: Divvy’s $2.5B exit to less than 5 years after founding, a value increase of almost $50M per MONTH! With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below).
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