Hopscotch
“Can a fee-free invoicing platform become the all-in-one financial OS for freelancers and small businesses by layering cash flow financing, bill pay, and banking tools on top of payments?”
HQNew York, NY, USA
IndustryFintech / SMB banking
The story
Hopscotch launched as a fee-free payments and invoicing platform targeting freelancers and small businesses, differentiating on instant, zero-cost ACH payments. The company expanded into embedded finance by launching Hopscotch Flow, an AR-based invoice financing product that gives SMBs immediate working capital without a credit check. In 2024, Hopscotch joined Avalara, the tax compliance giant, suggesting it was acquired or integrated into the broader Avalara ecosystem to complement Avalara's SMB financial workflow tooling.
Product timeline
2022
Launched Hopscotch as a payments and invoicing platform for freelancers and small businesses, offering fee-free payments and invoice management.· payments
2022
Launched Hopscotch Flow, an invoice financing product allowing users to access up to 80% of pooled accounts receivable on-demand.· lending
2024
Hopscotch joined Avalara, signaling an acquisition or partnership with the tax compliance platform.· acquisition
The stack
5 layers disclosed in Hopscotch’s embedded-finance stack
Money movement
Banking / BaaS
in the full report
Lending
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: minor
4 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.