04 February 2021

Balance raises $5.5mn, backed by Stripe 

Written By FinTech Alliance

Balance raises $5.5mn, backed by Stripe 

Digital checkout platform Balance has come out of stealth mode and raised seed funding.  

In Brief:  

  • The funding comes from Lightspeed, Stripe, Sci-Fi VC and others.  

  • Sci-Fi VC is PayPal founder Max Levchin’s VC arm.  

  • Balance aims to become “Stripe for B2B”.  

What does this mean?  

With the seed funding, Balance is now launching its B2B digital checkout offering. The platform says it will enable buyers to pay “how they want” and “when they want” while the seller receives payment immediately.  

Read more here.    

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