Jobber deepens partnership with Stripe to help businesses adapt and grow

By Pavithra R

Jobber, a leading provider of home service management software, has announced that the company has expanded its partnership with Stripe to offer flexible financing and instant payouts to its customers in North America.

Under the partnership, Jobber is deploying Stripe Capital to enable home service providers to access the capital they require to invest in their businesses, new equipment or marketing campaigns and grow. Eligible businesses can access capital directly in the Jobber dashboard, and repay the financing with a fixed percentage of daily sales.

“Cash flow is critical for small businesses as they respond to changing circumstances. 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,” said Sam Pillar, CEO & Co-founder, Jobber.

Jobber’s customers also 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 swiftly. It enables small businesses to collect payments faster by launching instant payouts.

“Small and medium-sized businesses are the backbone of the North American economy, with approximately 30 million small businesses accounting for nearly half of the U.S employment. 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 challenges for SMBs a thing of the past,” said Gaurav Gollerkeri, Head of Visa Direct North America, Visa.

Jobber and Stripe began their partnership in 2017 with Stripe providing the payment engine for Jobber Payments. Since then, Jobber has integrated various Stripe products to help service providers manage their businesses: Stripe Connect powers payouts for businesses, unified funds management, and reporting; Stripe Terminal for service providers to accept card payments on-site; and Stripe Radar to protect Jobber’s customers from fraud.

Recently, Notarize & Stripe partnered to help notaries adapt to COVID-19.

Founded in 2011, Jobber offers a SaaS platform that helps small home services businesses organize their entire operations, from scheduling jobs, managing their crews, to invoicing customers and collecting payments. According to company data, the company has serviced over ten mn people, delivering more than $6 bn annually, and growing, in services to their clients.