Jobox.ai Announces Jobox Financial Account to Streamline Money Management for Home Service Professionals
Powered by Stripe, Jobox Financial Account allows home service professionals to send, receive and store funds, all within the Jobox platform
MIAMI, June 30th2022 /PRNewswire/ — Jobox.ai, a software company that provides home service markets with an AI-powered infrastructure to directly connect their customers with skilled trades professionals (“pros”), today announced that it has partnered with Stripe to offer professional financial accounts to professionals. With this feature, Jobox professionals will be able to manage their small business expenses on the Jobox app, making it easier for them to track expenses, forecast future expenses, and budget for materials if needed.
Jobox is transforming the home services industry by providing professionals with an all-in-one workplace through its app, which will soon integrate money management with Stripe-powered financial accounts. According Search for scratches, nearly half (46%) of businesses say their banking experience has hindered their growth. Jobox eliminates this problem for home service professionals when running their small businesses by providing them with a financial account, through which they can receive micro loans, make ATM withdrawals and have no fees. monthly payments or minimum balance requirements.
“As we evolve at Jobox, providing professionals with everything they need to succeed remains our North Star. This partnership with Stripe reflects another step we are taking to lift the home services industry from its outdated habits, propel industry forward with technology and provide professionals with all the resources they need to thrive in today’s job market,” said Jobox CEO Shay Bloch. “On average, we see about $16M sitting in Jobox digital wallets at all times, reflecting that pros prefer to manage their finances in our app instead of transferring funds to a traditional bank account. Through our integration with Stripe, we’re taking our in-app financial functionality to the next level with micro loans, vendor payment integration, and other financial services. By having an official money management account allocated specifically for work, professionals will be able to efficiently manage their small businesses and track expenses for all work-related expenses in one place.”
“We are proud to power Jobox Financial Account and to play a part in propelling the home services industry by ensuring that professionals can focus on the work they do best, rather than spending hours on manual financial management,” said Denise HoBaaS Product Manager at Stripe.
The partnership follows a successful integration with Stripe in which Jobox has adapted to processing $35 million in monthly transactions. Jobox powers the business of over 6,000 professionals in 39 states across the United States and has processed over $1 billion transactions on its platform. Jobox matches a professional with a customer every three minutes, making it easy for professionals and home service markets to grow their business.
Home service professionals can learn more about Jobox and pre-register for the Jobox financial account powered by Stripe at https://www.jobox.ai/.
Jobox connects businesses with thousands of licensed home service professionals. We use proprietary algorithms and millions of data points to match end customers with the local professional they need in less than 60 seconds. Jobox also helps companies establish a deeper and broader connection with their customers. We enable businesses to track a service transaction through to completion. We made reporting, reconciliation and payments fully automated and transparent, and built the infrastructure, APIs and integration flows to help design a seamless customer journey. Jobox takes the overhead from the home services market to allow businesses to focus on customer relationships. Companies get valuable insights into their customers’ preferences and the professionals they work with, which they can leverage to drive more holistic buying journeys.