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NY-based NorthOne, a digital challenger bank for SMEs, raised $21m Series A

New York based digital challenger bank focused on small businesses raised $21m in Series A funding led by Battery Ventures. 

“The role of a bank is not to just keep money safe and move it around occasionally,” Bensoussan said. “We want to go beyond banking and into the back office of companies and take the busy work right off their plates so the owners can have more time to focus on building their business.”

Tags

digital bank, sme