Novo: Makes senior hires

  • Novo a banking platform that provides better business deposit accounts to today’s companies 
  • Announced that it hired a series of new directors to lead the company’s banking, people, and marketing departments
  • Novo recently reached an inflection point of processing more than $1 billion in transactions for small businesses
  • The banking, marketing, and people leaders announcing demonstrated success leading high-performing teams through significant organizational expansion
  • Novo’s new directors joining the company during a period of rapid growth
  • In Q1 2021, more than 40,000 small business customers signed up for Novo, and the digital banking platform processed more than $600M
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FX Hedging Platform Bound Secures $24.5 Million Funding

Investment aims to accelerate growth of FX risk management solutions.Highlights: Bound has raised $24.5 million in its latest...

ClearBank Strengthens Team by Hiring Visa’s Neil Drennan as CTO

The new CTO aims to drive innovation at ClearBank.Highlights: ClearBank appoints Neil Drennan from Visa as CTO.Drennan to...

Apexx Global Secures $10M to Strengthen Payments Orchestration Platform

Funding aims to enhance digital payment solutions for businesses.Highlights: Apexx Global has raised $10 million in funding.The funds...

BIS Project Strengthens Microservice-Based Settlement Engines

New project by BIS explores advanced settlement technology for financial systems.Highlights: BIS launches a project to explore microservice-based...