Business Model Analysis
B2B payments platform Bill.com went public in late 2019, raising $216M at a $1.6B valuation. We analyze Bill.com's funding, business model, customer acquisition strategy, market size, and competitors.
Bill.com (NYSE: BILL) enables back-office accounts payable and accounts receivable (AP/AR) processes for small- and medium-sized businesses (SMBs) and helps SMBs process business-to-business (B2B) payments.
The company’s platform integrates with accounting software providers like Quickbooks or Xero and then helps businesses make payments, including through automated clearing house (ACH) transactions and wire transfers.