Revenue, a financial technology company founded in 2018, announced today the acquisition of Sky Bridge Business Funding, a small business financing company founded in 2017, to further establish the company’s vision of helping small businesses have access to the tools and solutions needed for growth.
Sol Lax, CEO of Revenue, says “Revenue has established itself as a leading provider of financial technology, most recently providing the application platform to process over $1.45 Billion in Paycheck Protection Program loans through Cross River Bank. Now, with the acquisition of Sky Bridge Business Funding, Revenue will also be able to provide a direct financial solution for businesses in need.”
“The Revenue logo has a plant-like symbol which represents growth” Lax continues, “The acquisition of Sky Bridge Business Funding is a natural next move for Revenue as we grow closer to our vision of helping small businesses succeed. We look forward to continuing to provide useful tools and information for businesses at Revenue, all while offering financing solutions as well. ”
“We’re excited about this opportunity and intend this to be one step in the right direction as we plan to launch a business credit card under the Revenue brand later this year,” SVP of Sales Jake Lerner says, “The Sky Bridge Business Funding service team already has a 5-star approval rating and we commit to maintaining that reputation under our new brand name.”