NorthOne, a New York-based provider of a mobile app and web banking product, raised $67M in Series B funding
The round, which brought fundraising total to $90.3m raised since launch, was led by Battery Ventures, with participation from Don Griffith, Drew Brees, Ferst Capital Partners, FinTLV, Kaiser Permanente, Next Play Capital, Operator Stack, Redpoint Ventures, Ruby Ventures, Tencent and Tom Williams.
The company intends to use the funds to further expand the reach of its business banking and financial management platform across all sectors of the small business community, and increase integrations.
Founded in 2016 by Eytan Bensoussan and Justin Adler, NorthOne is a mobile app and web banking product delivering financial tools to over 320,000 small businesses across America. Banking services are provided by The Bancorp Bank, N.A., Member FDIC.
The company’s headquarters are located in New York City with satellite offices in San Francisco, Portland, and Toronto.
FinSMEs
14/10/2022