Jersey City-based small-business banking platform Bluevine has surpassed 1 million lifetime small-business customers, holds $2 billion in deposits, and has provided more than $17 billion in small-business financing.
Its accounts-payable suite has surpassed $400M in monthly volume, and the Bluevine platform has processed more than $37 billion in lifetime payments.
The $2 billion Bluevine has on deposit as of June tops the $300 million it had on deposit in 2022.
It took Bluevine a little more than 4 years to reach $1 billion in deposits; it grew that to more than $2 billion in less than 2.5 years.
The majority of the company’s revenue now comes from payments and related fees, subscriptions, and float.
The news of the company’s milestone comes on the heels of it being named to CNBC and Statista’s list of The World’s Top Fintech Companies: 2025, winning Money’s Best Overall Bank for Small Business for 2025-2026, and being awarded NerdWallet’s Best Online Business Checking Account for 2026.
Bluevine recently launched several innovative new products and features, including Invoicing and Payment Links and Tap to Pay, enabling Bluevine customers to get paid online or in person with ease.
Its most recent product updates focus on straightforward control and convenience for its users when securing accounts against fraud and managing cash flow through ACH positive pay, written check block, and stop payments, and recurring invoices–among many others.
Bluevine also struck a partnership with Xero earlier in the year to deliver a new suite of innovative accounting services for customers.
