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Bento offers the most complete B2B payments solution for small and mid-size businesses.Bentos financial operating platform enables businesses to issue physical and virtual payment credentials to people and systems without introducing risk while providing companies unprecedented control and visibility over their B2B expenses and company spend. Open APIs, and White Label partnerships extend these control and management benefits to automate payments well beyond expenses alone.Our mission is to provide businesses with a powerful financial operating platform so they can further their vision, empower their employees and create value for their customers.
Bento offers smart employee expense MasterCards that can be controlled remotely. Through simple-to-use controls, Bento helps prevent employee theft, fraud, and misuse while also removing the burden for employees to have to file expense reports and get reimbursed.
Prepaid debit products and employee expense cards Bento provide real-time control over employee spending to control business expenses by setting employee budgets on employee expense cards and utility cards
Interchange from card usage and tiered monthly SaaS fees based on number of employees
Federal Deposit Insurance Corporation
Accerdited Business
Mastercard
Digicert Ev Secure
PCI
We save our customers 10-25% of their annual budgets through our cost management products as well as 2-5 hours each week of accounting and bookkeeping work.
Bento provide purchase protection and also offer zero liability for the owner, as well as car renter’s insurance and ID theft protection.
$16.67 M in 2015
For Profit
Sean Anderson
Sean Anderson
David Zilberman
Michael Kopelman
Deanna Oppenheimer
Raymond Stern
Don Kingsborough
Isaac Applbaum
11-50
YES
3
$18.5 M
Jun 2018
Private
The company will use the fund to boost its already impressive growth by scaling talent in marketing and engineering, as well as extending its platform across payments, spend management and business banking. (June 2018)
Less than $1M
$2.5 M
Feb 2015
SERIES A · $7 M · Jun 2016
SERIES B · $9 M · Jun 2018
NO
79,159
69,886.06
-9.87%
234
-41.83%
5.4
-28.67%
24.52%
-0.61%
304,112
-14,192
-4.46%
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Bento offers smart employee expense prepaid and debit cards that can be controlled remotely. Through simple-to-use controls, Bento helps prevent employee theft, fraud, and misuse while also removing the burden for employees to have to file expense reports and get reimbursed.
Bento currently offers a comprehensive expense management solution including: - physical Visa/MC debit cards for employees or for specific functions (e.g. Marketing) - instant-issued virtual cards - receipt capture with notes and tags that eliminate the need for expense reports - a dashboard that monitors real-time cash flow and alerts admins on unusual activities - an unmatched set of card controls including daily, weekly, monthly spend limits, on/off button, category and time controls, etc. - automatic or manual sync with Quickbooks and other accounting systems All Bento functions can be accessed through our easy to use web product, iOS and Android mobile apps, and through our open APIs. Bento also works with other large companies to launch turn-key white label programs. We can customize and launch a fully branded and managed white label program in a matter of weeks.
Interchange from card usage and tiered monthly SaaS fees based on number of employees
We save our customers 10-25% of their annual budgets through our cost management products as well as 2-5 hours each week of accounting and bookkeeping work.
V2.0 or BEYOND
Unmatched controls Physical and virtual cards Web, Mobile, and API access 24/7 human chat/phone support Debit, prepaid, and credit options Multi Processor and Bank capability Industry leading NPS Industry-best alerting system Leading integration with Quickbooks
Enterprise - Banks or Financial Institutions
Enterprise - Retailers
Enterprise - Others
Small and Medium Business - Physical Retail
Small and Medium Business - Online Retail
Small And Medium Business - Other
SaaS
White label
Back Office
Customer facing
The Bancorp Bank : Issuing bank - debit
i2c Inc. : Processor
Community Federal Savings Bank : Issuing bank - prepaid
Brinks : White label partner
Cast & Crew : White label partner
Yes, in live production
MULTIPLE CHANNELS
11-50
We are an incredibly diverse team that operates extremely well together. Our culture is transparent,familial,we truly believe that while great tech is our foundation, our people are our key differentiators. We have 2 offices located centrally in San Francisco (SoMa),Chicago (Loop) with awesome perks,a great environment
Don Kingsborough, Raymond Stern, Deanna Oppenheimer, Isaac Applbaum
YES
$18.5 M
NO