Category: Payments
Corporate Charge or Credit Cards for SMBs
With Brex's meteoric rise from zero to $8B in just 4 years, there has been considerable attention to, and investment in business credit/charge cards (see definition below). The most recent example: Divvy's $2.5B exit to Bill.com less than 5 years after founding, a value increase of almost $50M per MONTH!
Challenger of the Month*
Experience the Ramp advantage
Ramp is focused on maximizing your businesses most precious resources: every minute and dollar.
Below are the challenger SMB business credit/charge cards currently active in the United States.
The FAB Score Ranking (Fintech Attention Barometer) is a proxy for the size of a private fintech company.
Company | Learn More | FAB Score* | Founded | Funding ($M) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ramp | 1058 | 2019 | $1,660 | Apply | NYC | 2 | 29 Aug '21 | 690,000 | $595.0 | $15.0 | ||||
Expensify | 460 | 2008 | $401 | Apply | SF | 3 | 29 Aug 2021 | 1,700,000 | $0.0 | $38.2 | 32000 | |||
Spendesk | 205 | 2016 | $312 | Apply | ||||||||||
Bill (FKA Divvy) | 200 | 2016 | $418 | Apply | Utah | 4 | 29 Aug 2021 | 270,000 | $165.0 | $253.0 | ||||
Jeeves | 196 | 2019 | $368 | Apply | NYC | 71,000 | ||||||||
Tribal Credit | 150 | 2016 | $293 | Apply | SF | 6 | 29 Aug 2021 | 4,400 | $34.3 | $9.1 | 370 | |||
Airbase | 134 | 2017 | $252 | Apply | SF | 77,000 | ||||||||
Bonsai | 83 | 2016 | 0.1 | Apply | 500,000 | |||||||||
Karat | 71 | 2019 | $116 | Apply | SF | 7 | 29 Aug 2021 | 11,000 | $26.0 | $4.6 | ||||
Center | 38 | 2018 | $70 | Apply | Seattle | 14 | 29 Aug 2021 | 2,900 | $0.0 | $5.0 | ||||
Teampay | 22 | 2016 | $50 | Apply | NYC | 10 | 29 Aug 2021 | 8,300 | $5.0 | $16.0 | ||||
PEX | 22 | 2007 | $5 | Apply | NYC | 11 | 29 Aug 2021 | 81,000 | $0.0 | $4.9 | 2540 | 113000 | ||
Bento (US Bank) | 18 | 2014 | $25 | Apply | SF | 9 | 29 Aug 2021 | 94,000 | $0.0 | $18.5 | 21 | 55000 | ||
Profit (was SWIPEDOM) | 6 | 2019 | $0.5 | Apply | NYC | 12 | 29 Aug 2021 | 4,900 | $0.0 | $0.5 | 430 | |||
Dash.fi (was FunnelDash) | 4 | 2016 | $3.7 | Apply | Austin | 15 | 29 Aug 2021 | 8,100 | $0.0 | $0.5 | ||||
Lola (Capital One) | 18 | 2015 | $82 | Apply | Boston | 8 | 29 Aug 2021 | 8,200 | $0.0 | $81.7 | ||||
ComCard | 4 | 2019 | $0 | Apply | LA | 13 | 29 Aug 2021 | 700 | $0.0 | $0.2 |
Sources: FintechLabs, Pitchbook, Crunchbase, SimilarWeb, SEMrush; 13 May 2023
*Our business model depends on revenue from referrals and sponsors. When you see a referral link in the URL, we may earn a fee when a new account is started (thanks!). This can improve visibility on our website, but does not impact the company’s FAB score.
** The FAB score, Fintech Attention Barometer, is a proxy for the overall size of a private company since they typically do not release traditional metrics (# customers, deposits, AUM, etc). The score is based on VC funding, website traffic, mobile downloads, and the number of employees. It’s a work in progress, so expect changes in the formula.
***Funding is the amount invested into the company as either equity or debt.
Credit & charge cards
FAB Score* | Founded | Funding $M | ||
---|---|---|---|---|
http://fintechlabs.com/wp-content/uploads/2021/12/Murcury-logo-square.jpg | 447 | SF | 2017 | $152 |
http://fintechlabs.com/wp-content/uploads/2022/01/Novo-logo-square.jpg | 327 | NYC | 2016 | $296 |
http://fintechlabs.com/wp-content/uploads/2023/05/BluevineLogo.png | 260 | SF | 2013 | 768 |
http://fintechlabs.com/wp-content/uploads/2023/02/Found-logo-600-300.png | 123 | SF | 2019 | $75 |
http://fintechlabs.com/wp-content/uploads/2023/02/Logo-1.png | 101 | SF | 2021 | 181 |
Company Overview | FAB Score* | Founded | Funding $M | |
---|---|---|---|---|
Ad | 2007 | $120,000 | NYC | |
488 | 2020 | $950 | NYC | |
362 | 2008 | 2500 | Atlanta | |
309 | 2015 | 699 | Toronto | |
282 | 2013 | $768 | SF |
Company | FAB Score* | Founded | Funding ($M) | |
---|---|---|---|---|
1058 | 2019 | $1,660 | NYC | |
460 | 2008 | $401 | SF | |
205 | 2016 | $312 | ||
200 | 2016 | $418 | Utah | |
196 | 2019 | $368 | NYC |
FAB Score* | Founded | Funding ($M) | ||
---|---|---|---|---|
230 | 2016 | $881 | SF | |
122 | 2017 | $520 | SF | |
80 | 2017 | $306 | Wash DC | |
63 | 2005 | $0 | London | |
39 | 2015 | $142 | SF |