Tag: Novo

Novo introduces Novo Funding, securing $125m facility

Novo, described as a "powerfully simple" financial platform for small businesses, has announced the launch of a new offering, Novo Funding, designed to provide rapid and flexible access to working capital.

Novo lands $35m in Series B

Novo, a FinTech platform focused on small businesses, has secured $35m from an extended Series B funding round. 

Global WealthTech deal activity set for a new record in 2022

• Global WealthTech deal activity is projected to have a record-breaking year, reaching 908 deals in 2022 based on investment pace in the first...

Two funding rounds in January signal the rise of Asian neobanks

Investors are not losing interest in neobanks with significant investments recorded at the start of this year. Deal activity in January saw Qonto, an...

Chime tops the list of most popular US challenger banks

Chime, a digital bank, has held onto the top spot for highest app downloads in 2021 with a 5% increase from 2020 to 8.6m....

Novo collects $40.7m in its Series A funding round

Novo, which claims to be a simple small business banking platform, has netted $40.7m in its Series A funding round.

Novo pulls in $4.8m for its venture round

Novo, a digital banking platform for small businesses, has pulled in $4.8m in a venture seed financing round.

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