How Fundkite Grew to a $70M Revenue Fintech Powerhouse in 8 Years

March 13th, 2025

Founded By

Alex Shvarts

Monthly Revenue

$5.83M

Founders

Employees

91 (est.)

Profitable

Yes

Year Started

2015

Customer

B2B

Founded By
Alex Shvarts: Monthly Revenue
$5.83M: Founders
1

Employees
91 (est.): Profitable
Yes: Year Started
2015

Customer
B2B

Who is Alex Shvarts?

Alex Shvarts, the CEO and founder of FundKite, has a background in finance and technology and has previously engineered and sold proprietary technology within the fintech industry. Originally from New York, he has been active in leading FundKite's growth since its founding in 2015.

What problem does FundKite solve?

Small businesses often struggle to secure funding from traditional banks due to strict credit score requirements. FundKite bypasses this by focusing on cash flow history instead, providing flexible, quick funding for businesses overlooked by conventional lenders. This approach helps them access necessary capital to grow and manage operational fluctuations, making FundKite a vital resource for entrepreneurs needing financial support without credit constraints.

Fundkite

How did Alex come up with the idea for FundKite?

Alex Shvarts came up with the idea for FundKite after noticing a gap in the financial sector where small businesses were...

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Disclaimer: The initial draft of this article was compiled by the Starter Story team based on publicly available interviews, podcasts, and other content from the founder. See the sources we used here.

How Fundkite Grew to a $70M Revenue Fintech Powerhouse in 8 Years

Who is Alex Shvarts?

What problem does FundKite solve?

How did Alex come up with the idea for FundKite?

Sources

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