US SME banking platform Novo bags $35m in Series B extension
The new cash takes its total Series B funding to $125m following a $90m raise earlier this year.
The new cash takes its total Series B funding to $125m following a $90m raise earlier this year.
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
It aims to use the investment to scale its banking platform for small businesses.
The bank targets small businesses with a digital banking offer.
New bank offers a current account and debit card solutions for start-ups.