Receive is a fintech company providing Earned Revenue Access for small and medium-sized businesses (SMBs), particularly in ecommerce. It offers a business Mastercard that unlocks dynamic spending power based on sales revenue, without fees or interest, enabling better cash flow management and growth funding.[1]
The platform serves ecommerce businesses struggling with cash flow constraints, solving the problem of delayed revenue access by tying credit limits to real-time sales data. Currently at the pre-seed stage and alive, Receive operates from Paramus, New Jersey, positioning it as an early-stage player in revenue-based financing.[1]
Limited public details exist on Receive's founders or exact founding year, as it remains in pre-seed with minimal disclosed backstory.[1] Headquartered at 502 Salem Street in Paramus, New Jersey, the company emerged to address SMB cash flow gaps in ecommerce, a sector often facing payment delays from platforms like Shopify or Amazon.[1]
Early traction likely stems from validating demand for fee-free, revenue-linked credit amid rising ecommerce growth post-pandemic, though specific pivotal moments are not yet documented in available sources.[1]
Receive stands out in the crowded fintech lending space through these key features:
Receive rides the revenue-based financing (RBF) trend, fueled by ecommerce's explosive growth—global sales hit trillions annually—and SMBs' need for non-dilutive capital amid high interest rates.[1] Timing aligns with maturing embedded finance, where platforms like Stripe and Shopify integrate lending, but Receive's fee-free model counters predatory merchant cash advances.
Market forces favoring it include rising digital sales (post-2020 boom) and investor interest in fintech for underserved SMBs, as seen in competitors like Parafin ranking high on Deloitte's 2025 Fast 500.[3][1] It influences the ecosystem by democratizing growth capital, potentially reducing reliance on venture debt for bootstrapped ecommerce firms.
Receive is poised for scaling if it secures seed funding, leveraging ecommerce tailwinds like AI-driven personalization and cross-border sales. Trends like real-time payments (e.g., FedNow) and open banking will enhance its revenue verification, boosting adoption.[1]
Expect partnerships with ecommerce platforms for embedded card issuance, evolving its influence from niche SMB tool to standard growth enabler—mirroring how early fintechs like Brex disrupted corporate cards. Watch for 2026 traction metrics amid competitive RBF pressure.
Receive has raised $7.0M in total across 2 funding rounds.
Receive's investors include Berkeley Angel Network, Blank Ventures, NextGen Venture Partners, Alex Oppenheimer, Antoine Nivard, Nitay Joffe, Ron Pragides, Hoxton Ventures, Novastar Ventures, Michael Stoppelman.
Receive has raised $7.0M across 2 funding rounds. Most recently, it raised $4.0M Seed in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $4.0M Seed | Berkeley Angel Network, Blank Ventures, NextGen Venture Partners, Alex Oppenheimer, Antoine Nivard, Nitay Joffe, Ron Pragides | |
| Jan 1, 2023 | $3.0M Seed | Berkeley Angel Network, Blank Ventures, Hoxton Ventures, NextGen Venture Partners, Novastar Ventures, Alex Oppenheimer, Michael Stoppelman, Nitay Joffe, Ron Pragides |
