Wix launches Wix Checking and Wix Capital, new financial tools aiding merchant cash flow and business growth management.
Quiver AI Summary
Wix.com Ltd. has launched a new financial suite that includes Wix Checking and Wix Capital, aimed at helping merchants better manage their cash flow and facilitate business growth. Wix Checking offers users a fully integrated business checking account within the Wix platform, allowing immediate access to funds upon sale completion and seamless tracking of transactions. This service simplifies financial operations and eliminates the need for external banking tools. Wix Capital provides a Merchant Cash Advance service that helps businesses quickly obtain funding without the typical obstacles of traditional bank loans, allowing them to cover essential expenses like inventory and payroll. Together, these services support Wix's commitment to enhancing the financial operations of small businesses, facilitating a quicker path to growth and innovation. Currently, Wix Checking and Wix Capital are available to a select group of U.S. users, with plans for broader rollout.
Potential Positives
- Wix has expanded its service offerings with the introduction of Wix Checking and Wix Capital, enhancing its value proposition for small businesses and improving customer retention.
- Wix Checking provides a fully integrated business checking account at no extra cost, enabling users to manage finances seamlessly within the Wix platform.
- Wix Capital offers a flexible Merchant Cash Advance service, addressing the funding challenges faced by small businesses and facilitating their growth.
- The new financial suite streamlines financial operations for users, allowing them to make faster, more informed decisions and ultimately enhancing their overall business efficiency.
Potential Negatives
- Wix Checking and Wix Capital are currently only available to a select group of U.S.-based users, potentially limiting immediate access and adoption among the broader merchant base.
- The press release indicates that users must meet certain criteria and qualifications to access these new financial services, which could exclude some potential users and hinder growth.
- Wix is not a bank, and the disclaimer regarding FDIC insurance could raise concerns among users about the safety and security of their funds compared to traditional banking institutions.
FAQ
What are Wix Checking and Wix Capital?
Wix Checking is a business checking account integrated into the Wix platform, while Wix Capital provides a Merchant Cash Advance service for businesses.
How does Wix Checking improve cash flow management?
Wix Checking offers real-time visibility of cash flow, allows instant access to earnings, and simplifies tracking expenses by syncing with Wix Payments.
What advantages does Wix Capital offer to small businesses?
Wix Capital enables faster access to funds through cash advances without strict requirements typical of traditional banks, helping cover essential business needs.
Who can access Wix Checking and Wix Capital?
Currently, these services are available to a select group of U.S.-based users using Wix Payments, with plans for gradual rollout to more users.
How can I use the funds from Wix Checking?
Merchants can use funds from Wix Checking to make purchases using the Wix Visa® business debit card or transfer money to an external bank account.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WIX Hedge Fund Activity
We have seen 219 institutional investors add shares of $WIX stock to their portfolio, and 192 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAILLIE GIFFORD & CO removed 2,386,190 shares (-42.5%) from their portfolio in Q1 2025, for an estimated $389,855,722
- FMR LLC added 1,065,024 shares (+38.7%) to their portfolio in Q1 2025, for an estimated $174,003,621
- CITADEL ADVISORS LLC added 886,902 shares (+429.8%) to their portfolio in Q1 2025, for an estimated $144,902,048
- STARBOARD VALUE LP removed 840,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $137,239,200
- WHALE ROCK CAPITAL MANAGEMENT LLC removed 584,533 shares (-54.5%) from their portfolio in Q1 2025, for an estimated $95,501,001
- WELLINGTON MANAGEMENT GROUP LLP removed 429,685 shares (-28.4%) from their portfolio in Q1 2025, for an estimated $70,201,935
- FRANKLIN RESOURCES INC added 403,960 shares (+262.2%) to their portfolio in Q1 2025, for an estimated $65,998,984
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WIX Analyst Ratings
Wall Street analysts have issued reports on $WIX in the last several months. We have seen 16 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 06/20/2025
- Cantor Fitzgerald issued a "Overweight" rating on 06/18/2025
- Wells Fargo issued a "Overweight" rating on 06/16/2025
- B. Riley Securities issued a "Buy" rating on 05/28/2025
- Baird issued a "Outperform" rating on 05/23/2025
- RBC Capital issued a "Outperform" rating on 05/22/2025
- Needham issued a "Buy" rating on 05/22/2025
To track analyst ratings and price targets for $WIX, check out Quiver Quantitative's $WIX forecast page.
$WIX Price Targets
Multiple analysts have issued price targets for $WIX recently. We have seen 17 analysts offer price targets for $WIX in the last 6 months, with a median target of $230.0.
Here are some recent targets:
- Andrew Boone from JMP Securities set a target price of $250.0 on 06/20/2025
- Deepak Mathivanan from Cantor Fitzgerald set a target price of $200.0 on 06/18/2025
- Alec Brondolo from Wells Fargo set a target price of $216.0 on 06/16/2025
- Naved Khan from B. Riley Securities set a target price of $230.0 on 05/28/2025
- Vikram Kesavabhotla from Baird set a target price of $190.0 on 05/23/2025
- Mark Zgutowicz from Benchmark set a target price of $230.0 on 05/22/2025
- Bernie McTernan from Needham set a target price of $250.0 on 05/22/2025
Full Release
The new financial suite includes Wix Checking and Wix Capital, two new solutions designed to help Wix merchants access their funds immediately, take control of cash flow, and support business growth online and offline
NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally 1 , today announced the launch of Wix Checking 2 and Wix Capital, a powerful new financial services suite aimed to help users manage cash flow and fund growth. Eligible businesses can efficiently streamline their finances, enabling them to concentrate on growth and innovation.
Wix Checking, powered by Unit's embedded finance solution, gives users a fully integrated business checking account directly within the Wix platform at no extra cost. It is designed to simplify financial operations by offering a clear, real-time view of cash flow and business performance. Users can instantly access their earnings the moment a sale is completed, track incoming revenue and outgoing expenses side by side, and make faster, more informed decisions. By syncing automatically with Wix Payments, Wix Checking removes the need for external banking tools and manual reconciliations, saving time and reducing errors. To use their funds, merchants can either make purchases with the Wix Visa® business debit card or transfer money to an external bank account for added flexibility. The result is a seamless, all-in-one financial experience that gives business owners greater control, speed, and simplicity in managing their money.
In addition to Wix Checking, Wix has introduced Wix Capital, a Merchant Cash Advance (MCA) service designed to help businesses address cash flow gaps and unlock growth. Many small businesses face challenges when trying to secure funding through traditional banks, often encountering long approval processes or strict requirements. Wix Capital offers a faster, more accessible alternative by allowing users to request a cash advance in exchange for a fixed fee and a percentage of future sales. This provides access to funds that can be used for essential business needs such as inventory, payroll, or operational expenses. Removing barriers to capital and making funding available at the moment it’s needed most is key to helping businesses grow. Built directly into the Wix platform, Wix Capital gives users a simple and flexible way to invest in their business without leaving the tools they already use to run it.
“With Wix Checking and Wix Capital, we’re giving users a complete financial solution built into the platform they already use,” said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments. “It’s fast, simple, and designed to help small businesses access their money and fuel growth — all in one place. This is part of our broader commitment to supporting the full journey of business ownership, from managing day-to-day operations to making smarter financial decisions.”
Wix Checking and Wix Capital are available to a select group of U.S.-based users using Wix Payments, with plans to roll out to more users on a gradual basis 3 .
About Wix.com Ltd.
Wix is the leading SaaS website builder platform 1 to create, manage and grow a digital presence. Founded in 2006, Wix is a comprehensive platform providing users - self-creators, agencies, enterprises, and more - with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients.
For more about Wix, please visit our
Press Room
Media Relations Contact:
[email protected]
1 Based on number of active live sites as reported by competitors' figures, independent third-party data and internal data as of Q1 2025.
2 Wix is not a bank. Banking products and services are provided by Lincoln Savings Bank, Member FDIC. The Wix Debit Card is issued by Lincoln Savings Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted. Wix is not FDIC insured. FDIC insurance only covers the failure of a covered bank.
3 Certain criteria and qualifications may apply.
Attachments