Fundbox - One Of The Fastest Growing Apps In Intuit App Center - Surges 321% In Last 6 Months

Fundbox, the data-driven cash flow tool for small businesses, announced today that it will exhibit at the QuickBooks Connect Conference on October 21 – 23, 2014 in San Jose. Fundbox addresses one of the biggest pain points for small businesses, how to bridge the gap between issued invoices and working capital.

Fundbox is currently one of the fastest growing apps in the Intuit app center and has seen 321 percent growth since its public launch six months ago.  Fundbox customers on average see a 40 percent increase in available capital and 92 percent of its customers return after their first use.

"The QuickBooks Connect Conference is the ideal venue for us to reach small businesses and share our innovative cash flow solution," said Jordan MacAvoy, vice president, marketing, Fundbox. "Before we introduced Fundbox, many small businesses had to rely on old economy and high friction solutions such as credit card debt and cash advances. We provide a quick, easy and cost effective tool that allows businesses to secure critical capital during tight cash flow periods."

"Access to working capital is one of the biggest pain points for small businesses," said Jennifer Pataki, marketing director, Intuit.  "By having an open platform and app developers, like Fundbox, Intuit has been able to address this need for our small business customers."

Fundbox will be located at Booth # 308.

About Fundbox Fundbox leverages deep data analytics to accelerate cash flow and clear invoices for small business. The Fundbox risk engine taps into numerous data signals within its network to assess customers and invoices for risk automatically and instantly, allowing small businesses to choose which invoices to clear with a single click.