Tagged: novo

Neobank Novo Acquires Additional Funding from GGV Capital

Novo, an all-digital neobank for US-based small businesses, has reportedly topped up its Series B round with a $35 million investment coming from GGV Capital. The additional funding brings Novo’s Series B investment round to $125 million, and total equity funding to over $170 million…. Read More

Novo Introduces Express ACH to Help SMEs Complete Payments

Novo, the financial platform for small businesses, recently announced that the company has launched Express ACH, a service that will “allow all of Novo’s small business customers to process same-day ACH payments.” Novo CEO Michael Rangel said: “At Novo, we’re focused on giving small businesses… Read More

SME Neobank Novo Raises $90 Million Series B at $700 Million Valuation

Neobanks are still hot. Novo, a Miami-based neobank targeting the SME market, has announced a $90 million Series B funding round at a pre-money valuation of $700 million. The new funding brings Novo’s total funding to about $135 million. Novo raised its seed round in… Read More

Small Business Banking Fintech Novo Appoints Experienced Executives Dani Lima, Peter Martinez

Novo, the powerful small business banking platform, reveals that it has appointed Dani Lima to serve as Executive VP of Revenue and Strategy, and Peter Martinez will be working as the firm’s Director of Engineering. Today, many small business owners in the US spend a… Read More

Small Business Challenger Bank Novo Secures $4.8 Million Through Seed Funding Round Led By Crosslink Capital

Novo, a U.S.-based small business challenger bank, announced last week it secured $4.8 million through its seed funding round, which was led by Crosslink Capital with participation from Red Sea Ventures, Hack VC, RRE, Rainfall, and the Stanford Law School Venture Fund. Founded in 2016,… Read More

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