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Novo - Small Business Banking

307 employees

Novo provides a digital banking platform for small business owners, entrepreneurs, and freelancers.

Basic info

Industry

financial services

Sectors

B2B
Financial Services
FinTech
Banking

Date founded

2016

Funding rounds raised

Total raised

$125M

from 21 investors over 21 rounds

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Novo - Small Business Banking raised $125M on August 1, 2023

Investors: Victory Park Capital Advisors

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Novo - Small Business Banking raised $35M on November 22, 2022

Investors: GGV Capital

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Novo - Small Business Banking raised $90M on January 11, 2022

Investors: Stripes Group, Rainfall, Valar Ventures LLC, BoxGroup and Crosslink Capital

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Novo - Small Business Banking raised $41M on June 16, 2021

Investors: Bossa Nova Investimentos, BoxGroup, Red Sea Ventures, Rainfall, Crosslink Capital and Valar Ventures LLC

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Novo - Small Business Banking raised $4.8M on March 29, 2019

Investors: Crosslink Capital, Hack VC, Red Sea Ventures and Rainfall

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Novo - Small Business Banking raised undisclosed on September 1, 2018

Investors: MAGIC Fund

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Novo - Small Business Banking raised undisclosed on January 30, 2018

Investors: DCU FinTech Innovation Center

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Novo - Small Business Banking raised undisclosed on October 27, 2017

Investors: Silicon Badia and Right Side Capital Management

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