Bluevine Expands FDIC Insurance Protection for Business Banking Customers

Bluevine, a digital banking platform designed for small businesses, expanded its FDIC insurance coverage of up to $3 million through Coastal Community Bank, and program banks in a sweep network.

September 5, 2023 BlueVine | David Quinn Ian Koplin

Bluevine Launches New Brand Identity

Bluevine launched a new brand identity, reflecting the next era of its commitment to grow and evolve its services alongside the changing needs of small business owners.

July 14, 2022 BlueVine | Eyal Lifshitz | Patrick Adams Ian Koplin

BlueVine Doubles Revolving Credit Facility With Atalaya

Two new lenders, both advised by 20 Gates Management, increased the size of BlueVine’s line of credit warehouse debt facility with Atalaya, increasing the committed amount to $150 million, with the ability to upsize the facility to $300 million.

February 4, 2022 20 Gates Management | Atalaya | BlueVine | Robin Poore Ian Koplin

FundThrough Acquires BlueVine’s Invoice Factoring Business

FundThrough, a financial technology platform, acquired the invoice factoring business of financial technology company BlueVine. All BlueVine invoice funding division employees are joining FundThrough as part of the transaction.

January 13, 2022 BlueVine | Eyal Lifsthiz | FundThrough | Steven Uster Phil Neuffer

Srinivasan Joins BlueVine’s Leadership Team as Chief Risk Officer

BlueVine appointed Mira Srinivasan to the role of chief risk officer. In this position, Srinivasan will build on the foundation of BlueVine’s current risk team and further improve underlying policies, customer experience and risk models and underwriting.

October 13, 2021 BlueVine | David Quinn | Eyal Lifshitz | Ido Lustig | Mira Srinivasan | Steve Allocca Ian Koplin

BlueVine Appoints Former Silicon Valley Bank Executive David Quinn as CFO

BlueVine appointed David Quinn as its new chief financial officer. In this position, Quinn will lead BlueVine’s financial functions helping accelerate strategic growth at the company. He will report to Eyal Lifshitz, CEO and co-founder of BlueVine.

September 17, 2021 BlueVine | David Quinn | Eyal Lifshitz Ian Koplin

BlueVine Appoints Allocca as First Chief Operating Officer

BlueVine has named former LendingClub president and PayPal veteran Steve Allocca as its first chief operating officer.

March 19, 2021 BlueVine | Steve Allocca Rita Garwood

The Seesaw Journey of Alternative Lenders During the COVID-19 Pandemic

Since the start of the COVID-19 pandemic, struggling SMEs and SMBs have found it more difficult to find the capital they need to survive. At the same time, alternative lenders like fintechs have had to adapt their plans in order to continue being a reliable source of financing. Such creativity will still be needed in 2021 as more opportunities arise.

January 27, 2021 BlueVine | Credibly | fintech | FischerJordan | Fundation | Fundbox | Funding Circle | Kabbage | LendingClub | OnDeck Phil Neuffer

BlueVine Appoints Former PayPal Head of Marketing Adams as First Chief Marketing Officer

BlueVine named marketing veteran Patrick Adams as its chief marketing officer. In this role, Adams will oversee all marketing functions and will report to Eyal Lifshitz, CEO and co-founder.

September 23, 2020 Bertelsmann | BlueVine | Chase | Citi | Eyal Lifshitz | Patrick Adams | PayPal | Victoria’s Secret Rita Garwood

Atalaya Capital Provides $75MM Revolver to BlueVine

BlueVine secured a $75 million revolving credit facility from funds managed by Atalaya Capital Management. The funding builds on an existing partnership with Atalaya, which also is serving as a lender for BlueVine’s online invoice factoring product.

September 10, 2020 Atalaya Capital Management | BlueVine | Eyal Lifsthiz | Raymond Chan Phil Neuffer