Bluevine, a global financial technology company specializing in small business financing, relocated its U.S. headquarters from California to Jersey City, New Jersey. The project is expected to create 200 jobs.

Approximately 125 staff members are currently based in the company’s Jersey City office.

“I’m so proud of what our Bluevine team has accomplished thus far to support small business success and their continued growth,” said Eyal Lifshitz, Founder and CEO of Bluevine. "We look forward to this next phase in Bluevine's story and believe Jersey City and the State of New Jersey's strong talent pool, top-tier universities, and central location will be catalyzers for Bluevine's future growth. We are thrilled to be calling Jersey City home.”

Founded in Tel Aviv, Israel, Bluevine currently has offices in Israel, India, Texas, Utah, California, and New Jersey. Israel has long had deep economic, commercial, and cultural ties to New Jersey.

“As a fintech company founded in Tel Aviv, Bluevine will find no better home in the United States than right here in the Garden State,” noted?Wesley Mathews, President & CEO of Choose New Jersey. “We thank Bluevine for not only being a member of the New Jersey business ecosystem but also for its commitment to supporting and being a trusted financial partner to small business owners. The services that Bluevine offers certainly help to grow and expand the state’s economy.”

“With 200 new jobs being announced on top of 125 already established by Bluevine in Jersey City, this marks one of the largest single job-creating events from Israel in New Jersey history,” said?Andrew H. Gross, Executive Director of the New Jersey-Israel Commission. “New Jersey is setting the bar when it comes to the growth and expansion of Israeli companies into the United States as we continue to welcome innovators like Bluevine who are creating jobs and building our economy of the future.”