Receive, a fintech startup focused on expanding financial access for small and medium-sized businesses, has officially emerged from stealth mode with the announcement of its latest milestone. With the help of further debt financing, the company announced that it has raised its total funding to approximately 7.1 million dollars, including a $4 million startup funding round headed by NGVP. Prominent financiers including Blank Ventures, Verissimo Ventures, Insight Partners, Corner Ventures, and Clocktower Technology Ventures are among the backers. Founded by Ariel Blum, a seasoned fintech executive with experience at Melio, Green Dot, and American Express, Receive was born from a clear understanding of the financial barriers facing SMBs. Blum recognized that traditional financial infrastructures were not equipped to meet the fast-moving demands of modern businesses, which often struggle with delayed payouts, extended settlement periods, and costly credit, all contributing to cash flow problems that hinder growth. According to data from SCORE, a partner of the U.S. Small Business Administration, 82% of small businesses fail due to cash flow issues.

In response, Blum launched Receive, positioning it as the first Earned Revenue Access platform designed to help small businesses access the revenue they’ve already earned, without the need for credit checks, interest, or conventional underwriting. By transforming pending sales into immediate spending power, Receive aims to empower businesses to reinvest more quickly and operate without accumulating debt. In addition to offering its platform directly to businesses, Receive operates through a white-labeled partnership model, enabling payment processors, ISOs, and software providers to integrate this solution seamlessly, generate new revenue streams, and strengthen merchant relationships.

In order to promote its purpose, Receive teamed up with Titanium Payments to launch the Titanium Boost Business Mastercard, which gives Titanium’s network of merchants direct access to Earned Revenue. This card allows businesses to convert pending settlements into usable funds instantly, supporting Receive’s goal of creating a more responsive and adaptable financial ecosystem for SMBs. Ariel Blum highlighted how critical immediate revenue access can be, citing the example of a local mechanic who, without timely access to funds, was unable to purchase parts and take on new jobs, illustrating how traditional financial delays can stall growth. With Titanium Boost, businesses gain the flexibility to access funds as needed, avoiding operational disruptions.

In addition to launching the Titanium Boost card, Receive introduced the SmartPay Calendar, a tool designed to transform cash flow management into a competitive advantage. This repayment system allows businesses to choose their repayment schedules and rewards early repayments with increased spending capacity. Through these innovations, Receive is working to redefine financial management for small businesses, providing tools that offer greater control, flexibility, and operational efficiency, ultimately helping SMBs grow on their own terms. The Titanium Boost Business Mastercard is issued by Patriot Bank under license from Mastercard and can be used wherever Mastercard is accepted.