Vice President of Marketing, Novo
3+ days a week in office
Digital banking platform for small businesses
Open for applications
Digital banking platform for small businesses
201-500 employees
Open for applications
3+ days a week in office
201-500 employees
Company mission
To empower customers with their financial data and provide the most compelling banking experience possible.
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Company mission
To empower customers with their financial data and provide the most compelling banking experience possible.
29% employee growth in 12 months
Our take
While personal banking transactions are very swift, with apps like Venmo and CashApp enabling the instant moving of money between users, for business users, these processes are frustratingly not as fast. For smaller businesses, the costs of ensuring banking processes are well managed can be prohibitive, and keeping track of finances often utilises a wide range of apps.
Novo has created one app with a drag-and-drop interface to manage several financial apps in one place helping gain a clearer picture of transactional data more quickly. There is strong competition in this area from the likes of Lili, NorthOne, Brex and numerous other Neobanks.
Novo has racked nearly 200,000 SMB customers and has seen over $12B in lifetime transactions, a figure that has recently saw exponential growth. Future plans, following series B funding, include scaling its app partnerships whilst consolidating its market position.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work Life Balance - Set your own vacation days & enjoy flexible work options for a healthy work-life balance
- Modern Benefits - We invest in the holistic well-being of every team member by offering medical and mental health coverage, retirement assistance, and commuter benefits
- Professional Development - Grow your skills through in house training, online courses & industry conferences to ensure you're always ahead of the curve
- Workspace Your Way - Whether you're based in an office or working remotely, we provide the tools or financial support to make your workspace work for you
- We're A Fun Group - Be part of a diverse culture that believes in working hard and having fun at the same time!
- Cutting Edge Technology - Work with the latest tech to build a world-class product & transform SMB banking with our growing team
Funding (last 2 of 5 rounds)
Nov 2022
$35m
SERIES B
Jan 2022
$90m
SERIES B
Total funding: $171.5m
This company has top investors
Leadership
Michael Rangel
(CEO)Their background lies in operations, having previously worked for Fairholme Capital Management and Smith Barney.
Tyler Mcintyre
(Co-founder)MBA from Wharton, They are also an Angel investor.
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