Fundbox

Name

Fundbox

Legal name

Fundbox, Inc.

Website

https://fundbox.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Embedded Lending Infrastructure

NAICS

Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Merchant Cash Advance & Revenue-Based Financing Enablement (FSAGALAH)

akta.pro secondary industry

Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)

Keywords

• Embedded capital infrastructure
• Small business lending
• AI credit underwriting
• Working capital solutions
• B2B financial API

Headquarters

HQ city

Plano

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Business Loans and Lines of Credit: Fundbox provides business loans and lines of credit up to $250,000 to small businesses, earning interest and fees on the capital extended. Financing is subject to credit approval and available through direct self-serve application or embedded within partner platforms.
2. Embedded Capital Infrastructure (B2B): Fundbox provides white-labeled embedded capital infrastructure to platform partners (Stripe, FreshBooks, Wave, etc.) who offer Fundbox's financing products to their SMB customers. Revenue is generated through the interest and fees on loans originated through these partnerships.
3. Flex Pay (BNPL for SMBs): Buy now, pay later solution for small business owners launched with Series D funding to provide flexible payment options at checkout

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Fundbox provides an API-first embedded capital infrastructure platform that delivers white-labeled working capital products — including lines of credit (up to $250,000), term loans, invoice financing, revenue-based financing, checkout financing, accounts payable financing, and Flex Pay BNPL — to small businesses either directly or natively embedded within partner platforms such as Stripe, FreshBooks, Wave, Autobooks, Nav, and Relay. The company uses proprietary AI/ML-driven underwriting on real-time payments and accounting data to deliver credit decisions in minutes, and serves over 170,000 small businesses with more than $6 billion funded since 2013.

Product overview

Fundbox is an embedded capital infrastructure platform offering a comprehensive suite of capital products for small businesses. The platform operates through two main channels: (1) direct business lending providing Lines of Credit (up to $250,000), Term Loans, and Flex Pay (BNPL), and (2) an API-first platform for partners to embed capital products including Invoice Financing, Revenue Based Financing, Checkout Financing, Payroll Guard, Account Payable Financing, and SMB Card. The platform leverages AI/ML-driven underwriting using business financial data for fast credit decisions. Fundbox serves over 170,000 small businesses and has originated over $6 billion in funding since 2013.

Differentiator

Problem solved

Functional benefit

Brands

• Relay Capital: Embedded capital product suite launched in partnership with Relay for SMB banking customers
• Flex Pay
• Autobooks Capital

Products and services

• Line of Credit Flexible revolving credit line enabling small businesses to access funds whenever needed, up to $250,000, with flexible repayment terms and no early repayment fees.
• Term Loan Lump-sum loan with fixed payments designed to meet immediate funding needs for small businesses.
• Flex Pay Buy now, pay later (BNPL) solution for small business owners, offering flexible payment options for business purchases.
• Invoice Financing Advance capital based on customers' outstanding invoices to provide quicker access to funds for small businesses.
• Revenue Based Financing Provide upfront capital based on future sales, with flexible repayment through a share of actual sales.
• Checkout Financing Embed net terms and installment options at checkout, providing flexibility in when and how payments are made.
• Account Payable Financing Enable customers to pay vendors and suppliers on time without straining cash flow, with flexible repayment terms aligned to their business cycle.
• Payroll Guard Payroll safeguard providing short-term coverage to ensure customers never miss payroll.
• SMB Card Business credit card backed by Fundbox for everyday expenses with repayment built around the business's cash cycle.
• Relay Capital End-to-end lending product suite built natively inside Relay's banking platform using Fundbox's APIs, launching with Relay Term Loans as the inaugural feature.
• Autobooks Capital White-labeled embedded lending product built through the Autobooks partnership, enabling community banks to deliver instant capital access to small businesses.

Quantifiable outcome

• $6B+ total capital funded to 170,000+ small businesses
• +3 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

AI capability5 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• FreshBookscoreTechnology or Integration · 3 June 2026Long-standing partnership empowering thousands of FreshBooks users to access fast, flexible funding. The integration is smooth and the impact on small businesses is real according to FreshBooks.
• RelaycoreTechnology or Integration · 31 March 2026Relay built Relay Capital (end-to-end lending product line) using Fundbox's fully integrated capital platform, launching term loans in under 8 weeks. Provides SMB customers with seamless access to capital within the Relay banking platform.
• StripecoreTechnology or Integration · 21 January 2026Stripe is the first platform partner in Australia for Fundbox's international expansion, offering digital-first working capital solutions to Australian SMBs through embedded financing tools.
• AutobookscoreTechnology or Integration · 3 December 2025Autobooks Capital powered by Fundbox enables community banks to deliver instant capital access to small businesses without disrupting the digital banking experience. Achieved 70% approval rate and 85% draft rate.
• WavecoreTechnology or Integration · 19 November 2025Partnership to integrate Fundbox's financing solutions into Wave's platform, providing over 350,000 small business users with easier access to funding for cash flow management and business growth.
• NavcoreTechnology or Integration · 19 November 2025Nav partners with Fundbox to make it easier for SMBs to access capital, integrating Fundbox into Nav's platform for smarter, faster credit access.
• EverCommercecoreTechnology or Integration · 10 September 2025Integration into EverCommerce's EverPro SaaS platforms (Joist and Invoice Simple) serving over 350,000 small businesses across US, UK, Canada, and Australia, allowing contractors and home service professionals to access capital through platforms they already use.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Parafin: Parafin is the closest direct competitor—an embedded capital infrastructure platform that provides working capital and revenue-based financing to SMBs through software platform integrations (e.g., Clover, Toast). Same B2B2C embedded model, same target customer (SMBs), same product set (capital + underwriting API).
• Resolve: Resolve offers embedded B2B BNPL and net-terms financing for SMBs through B2B marketplaces, vertical SaaS, and commerce platforms. Same embedded-distribution thesis, same SMB target, with a heavier emphasis on B2B checkout financing.
• Pipe: Pipe provides revenue-based financing and capital solutions embedded into SaaS and SMB platforms. It directly competes with Fundbox on revenue-based financing products and embedded API infrastructure for SMBs.
• Onramp Funds: Onramp provides embedded working capital and revenue-based financing for SMBs selling on commerce platforms (e.g., Amazon, Shopify, eBay). Same embedded-distribution GTM and same product category (revenue-based capital for SMBs).
• Clearco: Clearco (formerly Clearbanc) pioneered revenue-based financing for ecommerce and SMBs. It directly overlaps with Fundbox's revenue-based financing product line and shares the thesis of using real-time sales data for underwriting.
• Wayflyer: Wayflyer provides revenue-based and working capital financing to ecommerce SMBs and brands, often through platform integrations. Same product category (RBF/working capital), same SMB target segment, with a focus on the ecommerce vertical.
• Liberis: Liberis is a UK-based embedded finance provider offering working capital to SMBs through payment processors, SaaS platforms, and marketplaces. Same embedded GTM and same SMB working-capital product focus, with a stronger international (European) footprint.

Broad incumbents

• Stripe Capital: Stripe Capital is Stripe's own embedded SMB working capital product, offering financing to businesses on the Stripe platform. It is simultaneously Fundbox's largest partner (Stripe is a distribution channel for Fundbox in Australia and elsewhere) and its most strategic competitor, since Stripe could expand in-house to replace Fundbox.
• BlueVine: BlueVine is an established SMB-focused online lender offering lines of credit, invoice factoring, and business banking. While not exclusively embedded, it competes directly with Fundbox on the direct-SMB line-of-credit product and targets overlapping SMB segments.

Emerging players

• Unit: Unit is an embedded finance platform providing banking-as-a-service infrastructure for software companies. While Fundbox specializes in the credit layer of embedded finance, Unit focuses on banking accounts, cards, and payments—making it an adjacent enabler rather than a direct competitor, but increasingly relevant as embedded finance stacks consolidate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/fundbox
• Facebookfacebook.com/fundbox
• LinkedInlinkedin.com/company/fundbox

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds11 records

Investors38 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fundbox