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INTERNET | Internet Software & Services / Payments
behalf.com

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Founded Year

2012

Stage

Series D - II | Alive

Total Raised

$306M

Mosaic Score

+40 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Behalf

Behalf is a financing provider that facilitates commerce between business to business vendors and their small and medium business customers. Driven by data and technology, Behalf allows vendor partners to offer business customers instant credit and flexible payment terms at the point of sale.

Behalf Headquarter Location

100 William St Suite 1205

New York, New York, 10038,

United States

877-943-9962

Latest Behalf News

Newegg Deploys Behalf to Provide Flexible Financing for Business Customers

Nov 11, 2020

Leading tech-focused e-tailer increases SME buying power while reducing risk and improving cash flow with Net Terms and extended financing offers | Source: Behalf, Inc NEW YORK and LOS ANGELES, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Behalf, Inc. , a provider of alternative financing and payment solutions for B2B sellers and buyers, today announced that Newegg, one of the leading tech-focused e-retailers in North America, has selected Behalf’s solution to provide flexible Net Terms* and extended financing to its business customers. With Behalf in place, NeweggBusiness customers can finance and pay for their purchases on a schedule that works for them, either monthly or weekly. NeweggBusiness offers its registered users a comprehensive selection of the latest IT products at competitive prices—from laptops and desktops to software, servers, networking and data storage. The company empowers customers to make the best purchasing decisions by offering detailed product information, peer reviews, expert opinions, product tutorials and the opportunity to network with other members of the NeweggBusiness community. With Behalf, Newegg is applying that same philosophy to the purchasing experience. NeweggBusiness customers can now easily sign up for a Behalf Account on the NeweggBusiness website . If approved, they will be able to finance their NeweggBusiness purchases through Behalf on financing terms that fit their business needs. Behalf uses both traditional and non-traditional data to evaluate customers’ qualifications, making it more flexible. Small- and medium-sized businesses have been caught in a credit crunch as a result of COVID-19. According to Biz2Credit, big banks only granted 13.6% of SME business loan applications in August 2020, compared to over 28.2% in December 2019. Small bank lending has dropped even more dramatically, from over 50.6% in December 2019 to 18.5% in August 2020. Behalf offers NeweggBusiness customers an alternative to business loans with more flexibility for SMEs. “Financing has always been a challenge for small- and medium-sized businesses, and that is especially the case today due to COVID,” said Rob Rosenblatt, CEO of Behalf. “Access to capital is critical to the success of these businesses and Newegg is addressing the problem head on for its customers with Behalf. Our solution enables NeweggBusiness to offer flexible financing programs and receive payment upfront, without the need to take on any of the financing risk. Their business customers benefit from access to Net Terms and extended financing, providing them with added purchasing power with each approved transaction.” “Behalf is a great addition to our offering, as it gives NeweggBusiness customers greater flexibility in how they purchase and pay for the equipment that’s essential to their everyday operation,” said Greg Fischer, VP Business Development of NeweggBusiness. “Our commitment to deliver business-friendly solutions to our customers runs deep, not only in the products we offer, but also in the financing options that make those products more accessible to all business customers.” Newegg Business customers can sign up for Behalf at About Newegg Newegg Inc. is one of the leading tech-focused e-retailer in North America, with a global reach in Europe, Asia Pacific, Latin America and the Middle East. Founded in 2001, the company offers its registered customers a comprehensive selection of the latest consumer electronics, entertainment, smart home and gaming products. Newegg is consistently ranked as one of the best online shopping destinations, and the company regularly earns industry-leading customer service ratings. Newegg is headquartered in City of Industry, California, with North American distribution facilities located throughout the United States and Canada. For more information, visit https://www.newegg.com/ . About Behalf Behalf is a FinTech that facilitates payments between B2B buyers and sellers, providing net terms and financing that are fast and convenient. By outsourcing their net terms and other financing programs to Behalf, B2B sellers realize increased average order sizes, insulate themselves from buyer risk, and receive increased average order sizes, insulate themselves from buyer risk, and receive payments faster. Buyers benefit from access to no-fee net terms or extended financing, enhanced buying power, and better control over cash flow. For more information, visit www.behalf.com . *Behalf’s Net Terms product is an alternative payment option to extended financing offered by select Merchants and allows the Business Customer to pay no financing fees if the Payment Request is paid in full and in accordance with terms and conditions and during the grace period. Media Contact:for NeweggJohn Snedigar408-705-7518for BehalfTim Walsh617.512.1641 Related Articles

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Behalf

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Behalf is included in 6 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

F

Fintech 250

248 items

D

Digital Lending

1,122 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

S

SMB Fintech

995 items

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

U

US-based SMB Fintech Companies

354 items

Behalf Patents

Behalf has filed 4 patents.

The 3 most popular patent topics include:

  • Computer network security
  • Computer networking
  • Network management
patents chart

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12/24/2014

5/12/2020

Credit, Loans, Personal finance, Mortgage, Debt

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5/12/2020

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Credit, Loans, Personal finance, Mortgage, Debt

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Behalf Web Traffic

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