Digital challenger bank North One has raised $21mn.
NorthOne is a US FinTech targeting SMEs and freelancers.
It raised the funds in its Series A round.
This was led by Battery Ventures.
What does this mean?
The company says it’s different as it was built from the ground up for small businesses, with an API enabled platform offering a tailored service. Following the funding it will be able to build on a service which already includes multilingual customer service teams, a network of 300,000 ATMs and seamless vendor payment offering.