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

CaixaBank Launches AI Agent to Enhance In-App Purchases

New technology aims to simplify shopping experiences for users.Highlights: CaixaBank's new AI agent assists customers in making in-app...

Northern Trust Strengthens Asset Management with Tokenized Money Market Share Class

New offering aims to enhance liquidity and investment flexibility.Highlights: Northern Trust introduces a tokenized money market share class.This...

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology.Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims...

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights...