Bluevine
SMB checking + credit lines.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Partner bank (Coastal Community Bank) + sweep-network program banks (up to $3M FDIC); credit line via Celtic Bank.
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from Bluevine’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · SMB & startups |
| HQ | Redwood City, US |
| Founded | 2013 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Partner bank (Coastal Community Bank) + sweep-network program banks (up to $3M FDIC); credit line via Celtic Bank |
| Card | MC · Business debit |
| Yield | ~2% APY checking |
| Stablecoins | No |
| KYC | Yes |
| Active regions | North America |
| Countries | United States |
| Founders | Eyal Lifshitz |
| Funding | ~$770M incl. debt |
Verified links: official site ↗ · privacy ↗ · @Bluevine ↗
Common questions about Bluevine
What is Bluevine?
Bluevine is a fiat neobank built for SMB & startups, headquartered in Redwood City, US and founded in 2013. Your money is held custodially, so Bluevine or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Partner bank (Coastal Community Bank) + sweep-network program banks (up to $3M FDIC); credit line via Celtic Bank).
Does Bluevine have a card, and where can you use it?
It issues a Mastercard business debit card. It is available in North America.
Does Bluevine require KYC?
Yes. Bluevine requires identity verification (KYC) to open an account, as a partner-bank model.
What does Bluevine cost?
From the verified fields: yield ~2% APY checking. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Bluevine before relying on them.
Early investors
Head-to-head
Bluevine vs Mercury · Bluevine vs Brex · Bluevine vs Ramp · Bluevine vs Novo · Bluevine vs Relay
Peers
Chime · Wise · Varo · Current · SoFi · Ally Bank
Bluevine appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in North America (126) · Neobanks for small businesses and startups (33) · Neobanks that issue a Mastercard (150) · Neobanks in United States (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.