REDWOOD CITY, Calif., Jan. 16, 2018 /PRNewswire/ -- BlueVine has named Ana Sirbu as chief financial officer in a management milestone for the fintech leader.
Sirbu became BlueVine's vice president of finance and capital markets in 2016, helping the online business lender secure more than $200 million in equity and debt financing over the past two years.
"Ana has played a critical role in BlueVine's growth and success," company founder and CEO Eyal Lifshitz said. "She has done an incredible job spearheading our capital markets strategy, building out our finance and analytics functions, and strengthening our position in the online business lending market."
"Ana Sirbu has been instrumental in BlueVine's impressive rise as one of the most successful fintech startups today," Tyler Sosin, a partner at Menlo Ventures, a BlueVine investor, said. "I'm sure she will make even more significant contributions to BlueVine's growth in her new role as CFO."
In November 2017, Sirbu was named to the Women in Fintech Powerlist, which recognizes the contributions of women professionals in the rapidly-expanding industry.
A graduate of Harvard University, Sirbu began her career in investment banking on Wall Street. She later was a technology investor at Silver Lake Partners and Google Capital, before joining BlueVine. Sirbu is a passionate advocate for fintech, which is a sector she has focused on throughout her career.
Sirbu takes on the new role at BlueVine after a solid year for the online business lender. BlueVine's total funded volume since founding topped $700 million in 2017. The company also earned the Best Business Finance Provider in North America award at the 2017 Trade Finance Global Awards.
BlueVine provides flexible working capital financing to small and medium-sized businesses, giving them quick access to funds needed to purchase inventory, cover expenses, or expand operations. A fintech pioneer, BlueVine developed a fully-online cloud-based platform for invoice factoring, revolutionizing the 4,000-year old financing system that allows businesses to receive cash advances on outstanding invoices. BlueVine also offers FlexCredit, business line of credit financing based on 6-month and 12-month payment terms. Based in Redwood City, Calif., BlueVine has raised $273 million in equity and debt funding and is funded by Lightspeed Venture Partners, 83NORTH, Correlation Ventures, Citi Ventures, Menlo Ventures, Rakuten Fintech Fund and other private investors.