TORONTO — Jobber announced an expanded partnership with technology platform Stripe to offer flexible financing and instant payouts to its customers in North America. Jobber is deploying Stripe Capital to make it easier for home service providers to access the capital they need to invest in their businesses and grow. In addition, Jobber’s customers have access to instant payouts, powered by Stripe and Visa Direct, Visa’s real-time push payments platform, to receive the funds they’ve earned within seconds.
"Cash flow is critical for small businesses as they respond to changing circumstances," said Sam Pillar, CEO co-founder, Jobber. "This could mean investing in equipment to take on a new type of work, or plugging a receivables gap to meet payroll. We're excited to extend our partnership with Stripe to offer our customers capital and real-time access to funds so they can take on more jobs and better operate their businesses.”
“Small and medium size businesses are the backbone of the North American economy, with approximately 30 million small businesses accounting for nearly half of the U.S employment,” said Gaurav Gollerkeri, head of Visa Direct North America, Visa. “Visa is committed to supporting North American entrepreneurs through best-in-class solutions that help manage day-to-day business and plan for long-term growth. In working with Stripe and Jobber, we are embedding Visa Direct’s secure, convenient and real-time capabilities to help make cash flow."
“Homeowners increasingly expect a seamless and immediate commerce experience from their home service provider, one that allows them to pay with the click of a button,” explained Laura Collinson, director of Fintech, Jobber. “Jobber’s integration with Stripe allows our customers to offer an incredibly smooth customer experience, giving them a real advantage even against much larger competitors.”
"Jobber and Stripe share a passion for entrepreneurship, so we're thrilled to build technology together to alleviate the cash flow challenges that often come with running a small business today," Jeanne DeWitt Grosser, head of Americas, Revenue and Growth at Stripe, commented. "Jobber is leading the next generation of software platforms that not only make payments a seamless part of their product, but also offer financial services to their customers."