Highbeam

Highbeam's primary clients are ecommerce businesses and omni-channel brands. These are companies that sell their products both online and through physical stores. Highbeam offers these businesses a range of financial services, including a revolving line of credit, which allows them to borrow money up to a preset limit and repay it as needed. This flexibility helps businesses manage their cash flow more efficiently.

The company also provides real-time financial insights, enabling businesses to make informed decisions about their finances. Additionally, Highbeam offers perks such as 2% cash back on advertising spend, which can be a significant benefit for businesses looking to maximize their marketing budgets.

Highbeam partners with Thread Bank, a member of the Federal Deposit Insurance Corporation (FDIC), to store client deposits. This partnership ensures that deposits are insured up to $250,000, providing an added layer of security for clients. For international payment services, Highbeam collaborates with The Currency Cloud Inc. and Community Federal Savings Bank (CFSB) to facilitate payments across all 50 states in the U.S.

Highbeam's business model revolves around providing these specialized financial services to ecommerce and omni-channel brands. The company makes money through interest on the revolving line of credit, fees for various financial services, and possibly through partnerships and other financial products.

In summary, Highbeam is a fintech company that offers banking services, real-time financial insights, and credit solutions specifically designed for ecommerce and omni-channel businesses.