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

Amex Launches Agentic Commerce Development Kit to Strengthen Merchant Services

New toolkit aims to enhance payment solutions for businesses.Highlights: Amex unveils Agentic Commerce Development Kit for merchants.The toolkit...

Hokodo B2B Buy Now Pay Later App Shuts Down

The closure impacts small businesses utilizing Hokodo’s service.Highlights: Hokodo, the B2B Buy Now Pay Later app, has ceased...

Deutsche Börse Invests in Kraken, Strengthening Crypto Market Position

The investment aims to enhance Kraken's offerings and expand market access.Highlights: Deutsche Börse invests in Kraken to boost...

Monzo Strengthens Presence by Going Live in Ireland

UK-based digital bank Monzo expands offering to Irish customers.Highlights: Monzo has officially launched its banking services in Ireland.Irish...