Introducing the 2023 winners of Tearsheet’s SMB Finance Awards

  • Tearsheet's SMB Finance awards acknowledge and honor the best financial services companies, products, and players serving SMBs
  • This year's winners include some of the most popular payments firms and banking products.

Email a Friend

Introducing the 2023 winners of Tearsheet’s SMB Finance Awards

Tearsheet is concluding our inaugural SMB Finance Awards — an awards program that acknowledges and honors the best financial services companies, products, and players serving SMBs.

The SMB Finance Awards are an opportunity to showcase product excellence in SMB finance, recognizing the companies and individuals who are driving innovation and growth in this vital sector of the economy.

Applicable to traditional financial institutions and fintech firms, service providers to industry thought leaders, this awards program is open to all those who have made significant contributions to the SMB finance space.

2023 Winners of the SMB Finance Awards

Best Bank for SMBs: Bluevine

Bluevine is a one-stop digital business banking platform specifically designed for small businesses, providing a full suite of financial services – high-yield checking, lines of credit, debit and credit cards, bill pay, automated accounts payable, international payments, accounts payable – accessible from a single dashboard. Between 2020 and 2023, Bluevine claims over 40% of its Business Banking account holders are minority business owners, which is 39% greater than the percentage of minorities relative to the total US adult population

In 2023, Bluevine surpassed 500,000 businesses served and delivered more than $14 billion in loans since its inception.

Best App for SMBs: Lili

For many small business owners, taxes and accounting are the most frustrating parts of their business. Lili is a financial platform for small business owners. Lili offers business banking, smart bookkeeping, unlimited invoices & payments, and tax planning tools. By combining a checking account with AI based innovative accounting and tax preparation software, Lili helps business owners to optimize their finances, maximize tax deductions and grow their business.

Best Payments for SMBs: BILL

BILL is a leading financial operations platform for small and midsize businesses. It helps automatethe future of finance so businesses can thrive. BILL’s integrated platform helps businesses more efficiently control their payables, receivables and spend and expense management. At the end of fiscal 2023, more than 460,000 businesses use BILL as their central hub of financial operations. BILL is also a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers.

BILL processes over $266B payment volume in FY23, accounting for approximately 1% of the U.S. GDP.

Best Embedded Finance Products for SMBs: Intuit QuickBooks

QuickBooks Capital is a small business lending platform embedded within QuickBooks Online that analyzes thousands of data points from businesses’ QuickBooks accounts to determine creditworthiness and make lending decisions. By eliminating most of the application process associated with traditional lenders or banks, QuickBooks Capital helps small businesses access capital quickly to help them scale when they need it most. This is especially important for smaller and newer businesses that find it challenging accessing capital from other sources.

Businesses are able to apply within minutes in QuickBooks and if approved will receive funds within 1-2 business days.

QuickBooks Capital originated $1.8 billion in loans in FY23 (up 44% YoY).

0 comments on “Introducing the 2023 winners of Tearsheet’s SMB Finance Awards”


Tearsheet’s The Power of Payments Awards 2024 are now open

  • Tearsheet's The Power of Payments Awards celebrate the top companies and products in the payments space across banks, payment firms, and brands.
  • The industry's top awards program for payments is now open and taking applications.
Shabih Rao | May 16, 2024

Tearsheet’s 2024 The Big Bank Theory Awards are open

  • Tearsheet's TBBT Awards celebrate the top companies and products in banking and embedded finance.
  • Last year's winners include firms like Evolve Bank & Trust, Upgrade, Marqeta, and BMTX.
Tearsheet Editors | May 03, 2024

Announcing the 2024 Tearsheet Marketing Awards winners

  • Tearsheet Marketing Awards are the financial industry’s top awards program focused on marketing, customer acquisition, branding, and growth.
  • This year's winners include CareCredit (a Synchrony solution) and StoneX.
Tearsheet Editors | April 05, 2024

The 2024 Data Awards are now open

  • Tearsheet has launched the 2024 Data Awards.
  • We're recognizing the leaders, companies and professionals, driving the growth of this exciting industry.
Tearsheet Editors | April 01, 2024

Are you an outlier when it comes to marketing? Join our Working Group for financial services marketing pros

  • Financial services continue to evolve and marketers' jobs of acquiring, retaining, and delighting customers is as hard as ever.
  • Tearsheet is launching a peer working group for marketers at top financial brands to work on the biggest problems facing marketers today, together.
Tearsheet Editors | March 15, 2024
More Articles