With Fundbox Pay, the selling party gets paid right away. The buying party gets 60 days to pay for purchases.
Read case studyOn average, each U.S. small business has $84,000 in unpaid invoices. SMBs extend credit for unpaid invoices to grow and stay competitive but businseses should not have to act like banks.
Fundbox Pay offers payments and credit to small businesses. Sellers are paid right away and buyers get better terms on invoices.
Cross-functional team with designers, CS&Ops, engineers, sales, marketing, product, legal and more. Estimated size: 20 people.
Key result: Simplified dashboard design
Key result: +450% increase in viral coefficient (buyers approved per seller)
Key result: +24% lift in buyer approval rate by filtering buyers in “unsupported” U.S. states upfront
Key result: Helped to build a segment specific product for distributors and wholesalers