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FINANCE

NOVO RAISES $90 MILLION TO REIMAGINE SMALL BUSINESS CHECKING

Novo | January 12, 2022

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Novo reported that it has raised $90 million in Series B fundraising at a valuation of $700 million. Novo is a banking platform for small businesses. Stripes led the investment, with current investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup continuing to participate. Novo's total funding to date exceeds $135 million. Michel Rangel, CEO, and co-founder of Novo, stated, "With this additional funding, Novo will take a huge leap forward in improving...

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BUSINESS STRATEGY

BIGCOMMERCE LAUNCHES IN GERMANY, MEXICO AND SPAIN, EMPOWERING MERCHANTS TO BUILD AND GROW INNOVATIVE ONLINE BUSINESSES

BigCommerce | February 01, 2022

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BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced it has extended its global presence into Germany, Mexico and Spain. With BigCommerce’s flexible enterprise-grade ecommerce platform and best-of-breed partner network, local merchants will be able to build, scale and grow their B2C and B2B businesses internationally and leverage industry-leading omnichannel capabilities for marketplace selling to drive revenue. The company’s la...

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IMPACT

EXPENSIFY LAUNCHES FREE PLAN FOR SMALL BUSINESSES

Expensify | October 19, 2021

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Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money, launched its Free Plan for small businesses today. The plan offers free, unlimited use of the following features: Expensify Cards in both physical and digital versions, with customizable spend limits, automatic Karma Points donations to Expensify.org, and more Up to 2% cash back on all Expensify Card purchases through 2021, and up to 1% thereaft...

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SMALL BUSINESSES FEAR CLOSURE AMID COVID-19 PANDEMIC

HR Dive: HR News and Analysis | April 13, 2020

news image

Members of the U.S. small business community say they are highly concerned about the financial impact of the COVID-19 pandemic, but millennial or Gen X business owners are particularly hopeful they will get the help they need to outlive the crisis, according to research released April 3. The MetLife & U.S. Chamber of Commerce Small Business Index includes a survey of about 500 U.S. small business owners conducted between March 25-28 gauging their perception of the economy. recent One i...

Read More
news image

FINANCE

NOVO RAISES $90 MILLION TO REIMAGINE SMALL BUSINESS CHECKING

Novo | January 12, 2022

Novo reported that it has raised $90 million in Series B fundraising at a valuation of $700 million. Novo is a banking platform for small businesses. Stripes led the investment, with current investors Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup continuing to participate. Novo's total funding to date exceeds $135 million. Michel Rangel, CEO, and co-founder of Novo, stated, "With this additional funding, Novo will take a huge leap forward in improving...

Read More
news image

BUSINESS STRATEGY

BIGCOMMERCE LAUNCHES IN GERMANY, MEXICO AND SPAIN, EMPOWERING MERCHANTS TO BUILD AND GROW INNOVATIVE ONLINE BUSINESSES

BigCommerce | February 01, 2022

BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced it has extended its global presence into Germany, Mexico and Spain. With BigCommerce’s flexible enterprise-grade ecommerce platform and best-of-breed partner network, local merchants will be able to build, scale and grow their B2C and B2B businesses internationally and leverage industry-leading omnichannel capabilities for marketplace selling to drive revenue. The company’s la...

Read More
news image

IMPACT

EXPENSIFY LAUNCHES FREE PLAN FOR SMALL BUSINESSES

Expensify | October 19, 2021

Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money, launched its Free Plan for small businesses today. The plan offers free, unlimited use of the following features: Expensify Cards in both physical and digital versions, with customizable spend limits, automatic Karma Points donations to Expensify.org, and more Up to 2% cash back on all Expensify Card purchases through 2021, and up to 1% thereaft...

Read More
news image

SMALL BUSINESSES FEAR CLOSURE AMID COVID-19 PANDEMIC

HR Dive: HR News and Analysis | April 13, 2020

Members of the U.S. small business community say they are highly concerned about the financial impact of the COVID-19 pandemic, but millennial or Gen X business owners are particularly hopeful they will get the help they need to outlive the crisis, according to research released April 3. The MetLife & U.S. Chamber of Commerce Small Business Index includes a survey of about 500 U.S. small business owners conducted between March 25-28 gauging their perception of the economy. recent One i...

Read More