New York based digital bank targeting SMEs raised $40.7m in Series A financing led by Valar Ventures.
“The modern-day online small business owner expects a digital banking platform to offer more than a well-designed interface — they want a robust, centralized and no-fee application,” said Michael Rangel, co-founder and CEO.
https://www.pymnts.com/news/investment-tracker/2021/fintech-novo-grabs-funding-to-fuel-growth/