Novo
Building better financial solutions for small business owners.
Building better financial solutions for small business owners.
Novo is a fintech startup focusing on building better financial solutions for small business owners. Founded in 2016 and headquartered in the United States, Novo aims to simplify business banking by providing free checking, automated tools, and seamless integrations on one platform. Powered by Middlesex Federal Savings, F.A., Novo is not a bank itself but offers banking services through Middlesex Federal Savings, F.A.; Member FDIC. The company recently secured a significant $125.00M Debt Financing investment on 01 August 2023, with Victory Park Capital as the investor. With a strong focus on B2B, Financial Services, Fintech, and Banking industries, Novo is poised to make a meaningful impact in the small business financial solutions sector.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $125.00M | 1 |
|
01 Aug 2023 |
| Series B | $35.00M | 1 | Notable Capital | 22 Nov 2022 |
| Series B | $90.00M | 5 |
|
11 Jan 2022 |
| Series A | $40.70M | 7 |
|
16 Jun 2021 |
| Seed Round | $4.80M | 7 |
|
29 Mar 2019 |
No recent news or press coverage available for Novo.
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