Michael Rangel, BankNovo
2021 MBA Global Finals
New York, NY
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Bringing small business banking into the modern age with easy-to-use tools.
From Michael: “VCIC is like an accelerator for the fundraising process. In a few hours, you get genuine feedback from dozens of viewpoints, ranging from genius to asinine that equips you for the dizzying number of perspectives you get on Sandhill Road.”
Small business challenger bank Novo raises $4.8 million
Novo, a digital-only bank for US small businesses, has raised $4.8 million in a funding round led by Crosslink Capital with participation from Red Sea Ventures, Hack VC, RRE, Rainfall, and the Stanford Law School Venture Fund.Press Release