Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform’
Balance is a B2B payments platform that allows merchants to offer a variety of payment methods, including ACH, cards, checks and bank wires, as well as a variety of terms, including payment on delivery, net payment terms and payment by milestone.
Given the growth of companies on the D2C-side like Fast, Cart.com, InternationalCheckout, Bolt, etc., there will likely be more competitors in this space. VCs gonna pattern-match. You might see one of the B2B platforms pick them up.
TechCrunch: Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform’