Novo Raises USD 90 Million at a USD 700 Million Valuation

Novo, the powerfully simple small business banking platform, today announced that the company has raised $90 million in Series B funding at a $700 million valuation. Stripes led the round, with continued participation from existing investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup. This latest round brings Novo’s total funding to more than $135 million.


Novo goes on a hiring spree to onboard 200+ talented workforce


“After speaking with thousands of

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