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FinTech news in cash flow category

B2B FinTech Brightflow AI raised Series A round of $15M

Mark Mullen, co-founder of Bonfire Ventures, the firm that invested in Brightflow’s seed stage, said the company’s initial customers were e-commerce, which made it easier to understand the pain points. However, Brightflow founder and CEO Robbie Bhathal told journalist that the company differentiates itself by focusing on the automation of financial services and disseminating that information in a way that a business owner can understand. The San Francisco–based company cash flow calculator grabs financial data from platforms like Shopify, Amazon, QuickBooks, Facebook and Google Ads, and then provides a real-time look at cash flow. Brightflow AI is injecting technology into this problem with its forecast and analysis tools so that small businesses can assess their cash flow and make data-driven decisions in real time.