$100-125k
3-5 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
$100-125k
3-5 days a week in office
201-500 employees
To empower customers with their financial data and provide the most compelling banking experience possible.
Desirable
While personal banking transactions are now very swift, these processes are frustratingly not as fast for business users. 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. This is a developing market, providing both opportunity and competition from the likes of Lili, NorthOne, Brex and numerous other Neobanks.
Novo has racked up an impressive roster of SMB customers, and has seen billions of dollars in lifetime transactions. It is also well-funded, affording it the position to scale up its app partnerships whilst consolidating its market position.
Freddie
Company Specialist at Welcome to the Jungle
Few candidates hear
back within 2 weeks
29% employee growth in 12 months
Nov 2022
$35m
SERIES B
Jan 2022
$90m
SERIES B
Flatiron District, New York, NY
Michael Rangel
(Co-founder & 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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