North One, founded in 2016 by Eytan Bensoussan and Justin Adler, is a dynamic player in the Fintech sector, dedicated to providing a cohesive financial solution for small businesses across America. Their mission, encapsulated by their slogan, "Connect every part of your business to one bank account," aims to transform traditional bank accounts into comprehensive financial platforms.
The company has effectively captured the trust of over 320,000 small business owners, boasting significant milestones, including a strong team of 50+ employees and successful fundraising totals of $90.3 million. Notable investors include Battery Ventures, Tencent, and Drew Brees. Their latest funding—$67 million in a Series B round on October 13, 2022—features investment from firms such as Next Play Capital and Redpoint Ventures.
Headquartered in the United States, NorthOne is not a bank itself but partners with The Bancorp Bank, N.A., ensuring banking services that are accessible and reliable for their clients.