Subscribe
Sign in
Braavo Card — Cash on tap! On-demand capital to scale your mobile app.
The card that works with all major UA channels. Spend your app store and ad network receivables on Facebook, Google Ads, and more. Immediately. Scale your revenue—without dilution.
24
Replies
Hey Product Hunt,
We’re excited to introduce the Braavo Card, the fastest way for app developers to access capital for growth.
The biggest bottleneck to app growth is cash flow. Our card is simple: Get immediate access to your funds, and spend it your way. The Braavo Card provides same-day access to capital as an entirely frictionless experience. No more juggling funds between bank accounts or using personal credit cards to pay for ad spend. You’ll get total control and transparency over your spend, every step of the way, empowering you to make the right decisions for your business.
If approved, you’ll have access to these features:
Unlock your earnings: deploy growth capital when you need it—stop waiting for app store payments.
Pay for marketing: the most convenient way to pay for your UA campaigns
Instant availability: access just-in-time funding instead of waiting 1-2 days for bank transfers
Works with all major UA channels: spend your app store and ad network receivables on Facebook, Google Ads, and more - immediately.
Get real-time access to your funds today. Let’s fuel your growth – on tap, and on us.
What differs you from Brex or Ramp? Is it that your offer is tailored for app developers only?
@alexander_tvar Braavo’s revenue-based funding solutions - Accelerate (working capital funding) and Extend (user acquisition funding) - were developed specifically for app developers looking to capitalize on their growth. Everything from our seamless data integrations, business intelligence products, and self-serve financial controls are custom-made for mobile app businesses, who otherwise need to jump through hoops, offer explanations, and provide guarantees to get a bank loan. Braavo Card is an even simpler way to access those solutions.
Brex and Ramp offer general purpose business charge cards, where the credit line based on the amount of cash in a company’s bank account. You can spend up to this limit and need to pay down your balance in full each month.
Braavo offers access to cash that you’ve earned but don’t yet have access to. We provide instant availability to revenue you’ve earned (current and future accounts receivable) but is being held by Apple and Google’s app stores. We only get paid back when the app stores make their payouts.
Our customers use general business credit cards (Amex, Chase, Brex, Ramp) for their general spending and Braavo funding specifically for growth needs. We see savvy clients using a variety of card options to optimize their cash position, in the same way we see them using multiple fundraising options (venture capital, debt) to finance their business.
@alexander_tvar @ggnall this is fantastic! I'm really excited to see how Braavo develops. What's next on your road map?
@alexander_tvar @dmitriy_dubovik Braavo Card is currently in closed access. As we get feedback and identify new use cases with early clients we'll better solidify our Roadmap. That said, we expect to work on:
⚡ Instant cashouts (w/ our Pay Me Now product)
💳 Multiple card management for vendors or departments
🧮 Accounting exports and integrations
🔀 Split payments between card and bank account
I am truly happy that entrepreneurs have much more versatile options for funding these days. Very cool! Do you have plans for making Braavo available outside of the US?
@yury_lipatov Absolutely! A significant portion of our customers are outside the US already. We are exploring additional use cases, features, and partnerships to bring the Card to them as well.
How is this different from a payday loan? Tighter reissuing policies tied to analytics?
@ravi_bajnath Hi Ravi, good question! We differ from payday loans in number of significant ways:
1) Fixed fees - All of our lending products charge a flat, fixed fee which is agreed upon upfront. This means that the total amount owed to Braavo never increases.
2) Mutual incentives - Because of our fixed fee, it's in our best interest to only fund high-quality growing companies. Unlike traditional lenders, who earn interest off of unpaid or overdue balances, we only earn up to this amount. We get paid back faster if your growth increases, and more slowly if it declines.
3) Performance based - Our underwriting technology allows us to identify and qualify the right companies. We can reasonably predict how much you'll be paid each cycle and monitor it in real-time. We have custom tailored solutions for each company's needs, but in all cases we are paid automatically from key platforms (Apple, Google, Facebook) that you earn revenue on. If these companies underpay, we collect more slowly.
Hope that helps!
Love the instant availability feature! One question though: do you have a quickbooks integration?
@new_user_6ac3d4fc65 At the moment we offer raw exports, but we expect this feature to be in high demand and plan to build accordingly!
@ivan_bykanov Hi Ivan, at the moment we offer no foreign transaction fees. Pricing and restrictions may change, however, based on each jurisdiction we offer the card in. Is this an important feature for you in a business card?
@jon_fry Stay tuned! We plan to offer incentives in the form of reduced lending rates or other earned rewards. At the moment we are offering up to .5-1% reduced lending rates when funds are sent and spent via card.
@polina_chunosova Stay tuned! We plan to offer incentives in the form of reduced lending rates or other earned rewards.
Pzizz