Bento for Business
Bento for Business (formerly Bento Technologies, Inc., dba Bento) is a San Francisco-based company that provides prepaid card services to businesses to control and track spending.
| ISIN | 🆔 |
|---|---|
| Industry | Payments |
| Founded 📆 | 2014 |
| Founder 👔 | Farhan Ahmad, Sean Anderson |
| Headquarters 🏙️ | San Francisco, California |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | bentoforbusiness |
| 📇 Address | |
| 📞 telephone | |
Founding and Funding
Bento was founded by CEO Farhan Ahmad and Chief Product Officer Sean Anderson in 2014 and provides a platform for businesses to manage employee spending. The company raised a $7M Series A financing round led by Comcast Ventures in 2016[1] and an additional $9M from Edison Partners in 2018.[2]
Products and Partners
Bento provides its SMB clients tools to track and manage accounts payable, including physical prepaid cards,[3] virtual card technologies for online payments, and artificial intelligence for receipt management.[4]
As a fintech, Bento partners with card brands like Visa and Mastercard to deliver its services,[5] and platforms like i2c,[6] Brinks,[7] the Bancorp Bank,[8] and Dwolla.[9]
References
- ↑ Haggin, Patience (2016-06-09). "Bento for Business Raises $7M Series A for Small-Business Expense Management". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-11-06.
- ↑ PYMNTS (2018-06-28). "Financial Mgmt Co Bento For Business Raises $9M". PYMNTS.com. Retrieved 2020-11-06.
- ↑ "Bento for Business Raises $9M to Help Companies Manage Employee Expenses". Chicago Inno. Retrieved 2020-11-06.
- ↑ PYMNTS (2020-09-03). "Bento Rolls Out B2B Expense Management Upgrades". PYMNTS.com. Retrieved 2020-11-06.
- ↑ "Bento for Business and Visa Team Up on Cash Flow for SMBs". Bank Innovation. 2019-04-04. Retrieved 2020-11-06.
- ↑ PYMNTS (2017-04-27). "i2c, Bento Partner To Help Small Businesses". PYMNTS.com. Retrieved 2020-11-06.
- ↑ "SMB Expense Management Provider Bento Snags Major Partnership with The Brink's Company". Bank Innovation. 2017-09-15. Retrieved 2020-11-06.
- ↑ October 2017, 24th (2017-10-24). "Bento for Business opens APIs, partners with The Bancorp and launches new products". FinTech Futures. Retrieved 2020-11-06.
- ↑ "Expense Management: Taking Control | Bento for Business". Dwolla. Retrieved 2020-11-06.
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