Bluechain Partners with Google-backed Fundably

By
James Thorpe
on
October 3, 2024

Invoice finance and credit for B2B payments just got simple.

Announcement: Fundably and Bluechain partner to help UK companies instantly access invoice finance and credit for B2B payments

We’re delighted to announce that Bluechain, a leading Invoice Management and B2B Payments platform has partnered with Fundably, a Google-backed B2B credit platform which counts Funding Circle, Oaknorth Bank and Iwoca as partners, to enable our clients to access instant financing solutions via a simple embedded button.

£23.4 billion is currently owed to UK businesses in unpaid invoices.

Small businesses make up 99.9% of all UK companies. They employ 61% of the workforce and are essential to our economy, but rising costs have made cash flow management increasingly difficult. Every year, over 50,000 UK small businesses close due to payment delays. The Fundably x Bluechain partnership will enable Bluechain customers to access cash needed to cover shortfalls caused by late invoice payments - and to make payments required to ensure that business operations run smoothly.

Trying to secure business credit can be a nightmare.

Applying for business credit is often a long (weeks, sometimes months), repetitive (multiple applications & phone calls), opaque and stressful process. It’s difficult to the point that, according to the British Business Bank, 57% of UK businesses are unsuccessful in securing a loan.

Fundably offers a fast, tailored and transparent way to secure funding.

“Fundably is so quick and easy. They instantly outlined my options, simplified all of the jargon and we got offered the funds our business needed to grow within minutes.”
Sophie Nicolson, Managing Director at Nicolson Method

Fundably simplifies business funding with

  1. Speed: A simple, 5 minute application that checks your eligibility for a wide range of business loans and other credit products.
  2. Transparency: Every business that applies through Fundably receives instant, data-driven feedback on their application. We don’t just tell you whether you qualify—we explain your options clearly and concisely, so you can make informed decisions.
  3. Multiple Funding Solutions: We instantly connect you to the most relevant options from a wide panel of leading business lenders. No more filling out endless forms or waiting weeks for a response—Fundably delivers results in seconds.

Bluechain simplifies B2B payments and invoice management

  1. Save Time & Effort : Bluechain eliminates the hassle of manual B2B payments and invoice management by automating tasks and enabling you to manage all of your payments and invoices from a single platform.
  2. Control & Flexibility: Take control of your cashflow by paying bills your way. Bluechain allows you to pay almost any bill with a credit card, effectively extending the payment terms of any invoice. Allowing you to invest in growth or cover unexpected costs without disrupting your operations.
  3. Maximise Rewards: Earn valuable rewards on your business payments. With Bluechain, every business payment becomes an opportunity to earn more points, cashback, or other rewards linked to your credit card. Even if your suppliers don’t normally accept credit cards, Bluechain bridges that gap, ensuring you never miss out on potential rewards.

A word from our CEOs on the Fundably x Bluechain Partnership

"At Bluechain, our core focus is on providing simple, innovative ways to pay bills and manage invoices. Fundably’s solution is easy to embed and the partnership will offer our clients a fast, straightforward way to access financing solutions that will enable them to focus on running their businesses. ” Tim Annis, CEO of Bluechain

“Fundably is committed to helping businesses to get access to the best funding solutions. We’re also excited to be working with the Bluechain team and look forward to supporting their clients with instant tailored finance!”
Zak Nason-Giwa, Co-Founder and CEO @ Fundably

About Fundably

Fundably provides UK SMEs with tailored access to credit. We're SME business owners with deep expertise in SME lending and AI. We built Fundably to help other businesses access the best finance options for their specific needs. Our backers include Google, Barclays, Tom Blomfield (Monzo) and a host of other prominent fintech and finance investors.

About Bluechain

Bluechain is a platform that connects businesses for simple, efficient and secure B2B transactions. Built using Request to Pay principles and leveraging a patented security process, it is designed to deliver automation across the end-to-end of receivables and payables regardless of the systems or payment methods used. We are a champion for making B2B payments better and easier for everyone and we believe that businesses deserve to be paid on time, while customers deserve to pay in a way that makes life easier for them.

Get in touch

Get in touch with one of our experts to see how Bluechain can help you connect better with your customers through a more seamless billing experience.