Ruby Card

About Ruby Card

Ruby Card is a financial technology platform that integrates banking, expense management, and accounting into a single interface, providing real-time insights and automated fee recovery for online businesses. This solution addresses the challenges of fragmented financial operations by centralizing data and streamlining vendor payments, enabling businesses to optimize their financial performance.

```xml <problem> Online businesses often struggle with fragmented financial operations across multiple platforms, leading to inefficiencies in vendor payments, difficulty in tracking expenses, and a lack of real-time financial insights. Managing banking, expense management, and accounting separately creates data silos and hinders informed decision-making. </problem> <solution> Ruby Card is a financial technology platform that consolidates banking, expense management, and accounting into a unified interface, providing online businesses with real-time insights and automated fee recovery. The platform streamlines vendor payments, offers comprehensive spend management tools, and delivers centralized financial insights by integrating sales, revenue, and financial data. Ruby Card also features automated chargeback resolution and vendor reimbursement tools, helping businesses optimize their financial performance and reinvest reclaimed funds. The platform's embedded accounting system includes e-commerce connectors and in-depth financial reports, giving businesses total control over their ledgers. </solution> <features> - Corporate cards with spend tracking and management capabilities - Automated chargeback resolution by connecting to commerce platforms - Vendor reimbursement through auditing and recovery of marketplace, shipping, and 3PL fees - Centralized financial insights with a unified view of sales, revenue, and financial data - Embedded accounting system with integrated e-commerce connectors and financial reports - Accounts payable for managing vendor payments - Granular spend management for tracking and analyzing expenses - Fraud protection and account security features, including 2FA </features> <target_audience> Ruby Card primarily targets e-commerce businesses, small businesses, and enterprise businesses seeking to streamline their financial operations and gain better insights into their financial performance. </target_audience> <revenue_model> Ruby Card offers comprehensive banking services starting from $0. </revenue_model> ```

What does Ruby Card do?

Ruby Card is a financial technology platform that integrates banking, expense management, and accounting into a single interface, providing real-time insights and automated fee recovery for online businesses. This solution addresses the challenges of fragmented financial operations by centralizing data and streamlining vendor payments, enabling businesses to optimize their financial performance.

Where is Ruby Card located?

Ruby Card is based in East New York, United States.

When was Ruby Card founded?

Ruby Card was founded in 2022.

How much funding has Ruby Card raised?

Ruby Card has raised 500000.

Who founded Ruby Card?

Ruby Card was founded by Shariar Kabir and Miguel Acero.

  • Shariar Kabir - Co-Founder/CEO
  • Miguel Acero - Cofounder
Location
East New York, United States
Founded
2022
Funding
500000
Employees
4 employees
Major Investors
Y Combinator, Unpopular Ventures
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Ruby Card

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Ruby Card is a financial technology platform that integrates banking, expense management, and accounting into a single interface, providing real-time insights and automated fee recovery for online businesses. This solution addresses the challenges of fragmented financial operations by centralizing data and streamlining vendor payments, enabling businesses to optimize their financial performance.

spendruby.com300+
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Crunchbase
Founded 2022East New York, United States

Funding

$

Estimated Funding

$500K+

Major Investors

Y Combinator, Unpopular Ventures

Team (<5)

Shariar Kabir

Co-Founder/CEO

Miguel Acero

Cofounder

Company Description

Problem

Online businesses often struggle with fragmented financial operations across multiple platforms, leading to inefficiencies in vendor payments, difficulty in tracking expenses, and a lack of real-time financial insights. Managing banking, expense management, and accounting separately creates data silos and hinders informed decision-making.

Solution

Ruby Card is a financial technology platform that consolidates banking, expense management, and accounting into a unified interface, providing online businesses with real-time insights and automated fee recovery. The platform streamlines vendor payments, offers comprehensive spend management tools, and delivers centralized financial insights by integrating sales, revenue, and financial data. Ruby Card also features automated chargeback resolution and vendor reimbursement tools, helping businesses optimize their financial performance and reinvest reclaimed funds. The platform's embedded accounting system includes e-commerce connectors and in-depth financial reports, giving businesses total control over their ledgers.

Features

Corporate cards with spend tracking and management capabilities

Automated chargeback resolution by connecting to commerce platforms

Vendor reimbursement through auditing and recovery of marketplace, shipping, and 3PL fees

Centralized financial insights with a unified view of sales, revenue, and financial data

Embedded accounting system with integrated e-commerce connectors and financial reports

Accounts payable for managing vendor payments

Granular spend management for tracking and analyzing expenses

Fraud protection and account security features, including 2FA

Target Audience

Ruby Card primarily targets e-commerce businesses, small businesses, and enterprise businesses seeking to streamline their financial operations and gain better insights into their financial performance.

Revenue Model

Ruby Card offers comprehensive banking services starting from $0.