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Oxygen

Consumer & business banking platform

Oxygen logo
101-200 employees
  • Fintech
  • B2C
  • B2B
  • Banking
  • Financial Services
  • SaaS
Financial District, San Francisco, CA

Company mission

Oxygen's mission is to build the best banking platform and community to help the creators building the businesses of the 21st century thrive.

Top investors

39% employee growth in 12 months

Our take

Innovations in open banking have resulted in many startups developing fintech banking applications, allowing them to provide personalized financial services to customers. Whilst these provide a variety of services such as savings accounts, flexible payments and business accounts, each provider offers a different combination of such services, meaning customers must sign up for various banking services to access all necessary features.

Oxygen provides a consumer & business banking platform, allowing individuals and businesses alike to create mobile banking accounts to access a variety of financial services. Personal accounts include cashback rewards, flexible payments, savings accounts, virtual cards and travel benefits, with businesses being provided with 1% business savings, secure virtual cards, and no monthly fees.

Whilst the company faces competition from others within the saturated open banking mobile application market, Oxygen has taken a unique all-in-one approach, unifying fragmented services for both businesses and individuals into a single banking platform. In 2023, Series B funding led to a leadership shift and substantial growth for the company, as it evolves to meet growing demand.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Equity in a high growth Fintech startup
  • Fully remote (we were remote before it was cool)
  • Medical, dental, and vision insurance and HSA
  • Paid time off, sick leaves, COVID sick leave, paid maternal leave, and paid paternal leave
  • 401(K) and retirement planning
  • A great startup in banking with so much wonderful potential
  • Lots of autonomy and massive career growth opportunities for the go getters
  • The coolest coworkers you could ever dream of

Company values

  • We believe that we hire smart people so they can tell us what to do, instead of telling them what to do. We value people with autonomy, strong ownership and responsibilities, who are a highly motivated self-starter with the ability to work efficiently with minimal supervision
  • We are in a fast-pacing fast-iteration environment. Our priorities may change frequently. We value people who can thrive with uncertainties and pivot quickly, who can juggle multiple priorities effectively within a fast-paced environment
  • We need to collaborate with multiple teams and patiently listen to other teams' pain points and requirements. We value people who can communicate technical results to non-technical colleagues with effective storytelling
  • At Oxygen, everyone is wearing multiple hats and we hope you can be flexible and willing to identify critical business areas and pivot quickly
  • We are a diverse team with people from different backgrounds. We value people who respect diversity and inclusive culture and can blend in naturally

Funding (last 2 of 4 rounds)

Feb 2023

$20m

SERIES B

Dec 2021

$1m

EARLY VC

Total funding: $45m

This company has top investors

Leadership

David Rafalovsky

(CEO (Not Founder))

Currently Board Member at Kizen, Chairman of the Board and Co-founder at ROVIAL Space. Previously Group CTO and Global Head of O&T at Sber and CTO at Citi.