Cision PR Newswire

Bluevine announces partnership with Xero to deliver banking solutions for small businesses

News provided by

Feb 03, 2025, 5:01 AM ET

The integration will provide seamless data sync and greater collaboration opportunities for small business owners and accountants in the US

JERSEY CITY, N.J., Feb. 3, 2025 /PRNewswire/ -- Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced an ongoing partnership with global small business accounting platform, Xero.

Through this collaboration, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with greater efficiencies and growth opportunities.

In Bluevine's accountant dashboard, accountants can securely access their clients' Bluevine accounts, making it easier to collaborate and manage finances. Bluevine's partnership with Xero offers customers a comprehensive solution for tracking expenses, analyzing financial performance, managing cash flow, and driving growth.

Bluevine Plus and Premier customers will receive a six-month free trial of Xero's accounting software, while US-based Xero customers can access a three-month free trial of Bluevine's Plus or Premier banking plans. Bluevine Standard customers will receive a free three-month trial of Xero's accounting software. Bluevine Premier offers exceptional value with 3.7% annual percentage yield, low-cost payment fees, ACH positive pay, and priority customer support. To further empower and enable small businesses, Xero customers opening a Bluevine account can also qualify for a $300 sign-up bonus, if they meet eligibility requirements. For more details, see Plans and Pricing and the Xero promotion page.

"We're proud to partner with Xero to simplify financial management for small business owners and their accountants, and unlock value for both groups," said Kyle Cooper, VP and GM of Checking and Payments at Bluevine.

Vikram Grover, Executive General Manager, Global Partnerships at Xero said, "Small businesses thrive when they have access to accurate, real-time financial data at their fingertips. Our integration with Bluevine will sync financial data into Xero, giving businesses a clear view of their cash flow so they can make informed decisions that fuel growth. We're providing a holistic view of business finances, empowering small businesses and their advisors with the knowledge they need to succeed."

About Bluevine
Bluevine is the banking platform that serves as the financial operating system for startups and small businesses. Through a single account, companies can earn more, save more, borrow, and manage their money whenever and wherever they do business – without ever stepping into a branch. Accessible through one dashboard, its product suite integrates high-yield business checking, accounts payable, debit and credit cards, loans, and lines of credit. Since 2013, Bluevine has served over 500,000 customers, delivered over $14 billion in loans, and is currently trusted with over $1 billion in managed customer deposits.

Bluevine is backed by leading private and institutional investors, including Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, ION Crossover Partners, SVB Capital, Nationwide Insurance, and M12 (Microsoft's Venture Arm). Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC. Lines of credit are issued by Celtic Bank. For more information, please visit bluevine.com or follow us on LinkedIn, Instagram, Facebook, and Twitter.