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NorthOne
SME digital banking
- 21-100 employees
- Fintech
- B2B
- Banking
- SaaS
- Mobile
- Midtown Manhattan, New York, NY
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Company mission
To eliminate financial administration for business owners so they are able to focus on what really matters: growing a successful business.
Our take
NorthOne’s API enabled mobile banking platform is targeted at small business owners, startups and freelancers who don’t have the capacity or business infrastructure to effectively manage their finances.
In exchange for a monthly fee, account holders get unlimited free transactions, invoicing tools, as well as connectivity with a range of popular business apps including PayPal, FreshBooks, Etsy, and Square. There are also no non-sufficient funds or overdraft fees, a penalty which costs US bankers millions per year.
Mobile financial services are expected to be worth $60 billion by 2025, and competition for a slice of the pie is fierce. Big banks, as well as other startups like Azlo and Bank Novo all stand beside NorthOne in targeting the growing SME market. However, with substantial funding at its back, the company has set its sights on becoming the go-to digital banking solution for small businesses.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Computer Equipment: We make sure you have the best equipment so you can produce great work.
- Professional Development: We cover the cost of classes, workshops and conferences, as well as providing access to our ever-growing library of industry-related books.
- Remote-friendly Environment: Flexibility to work from home, office, or both! We support our teammates wherever they prefer to work.
- Unlimited Vacation: Take as much time off as you need to recharge and make sure you’re working sustainably.
- Community: Bond with your teammates over shared interests at regular get-togethers.
- Flex Tme: You know when you do your best work. We celebrate accomplishments, not how many hours are spent at the office.
- Health and Dental: NorthOne is proud to offer inclusive health and dental coverage.
Funding (last 2 of 4 rounds)
Oct 2022
$67m
SERIES B
Mar 2020
$21m
SERIES A
Total funding: $90.5m
This company has top investors
Leadership
Eytan Bensoussan
(CEO)Worked at McKinsey & Company as a Senior Engagement Manager. Was an Entrepreneur in Residence at Ferst Capital Partners. Member of the Forbes Finance Council.
Justin Adler
(COO)CEO and Co-Founder of Wetlabel. Has worked as Marketing Manager at Frank and Oak, Product Portfolio Manager at Keeward, and Director of Product and Marketing at SourceKnowledge.