Oxygen positions itself as a dynamic player within the Fintech landscape, targeting the Financial Services and Banking industries. Founded in 2018, this United States-based company offers innovative banking solutions tailored for the modern economy, specifically appealing to freelancers, solopreneurs, and modern SMBs.
Oxygen aims to redefine traditional banking with a focus on simplicity and fairness, encapsulated in its slogan: "Business and personal banking solutions for the extraordinary." By aligning itself with those who challenge norms, Oxygen seeks to provide banking solutions for individuals and businesses that strive to break conventions.
In its growth trajectory, Oxygen recently secured a $20.00M Series B investment from a roster of prestigious backers, including Y Combinator, Magic Fund, Possible Ventures, and several notable individuals like William Hockey and Larry Fitzgerald. This investment round, closed on February 2, 2023, underlines investor confidence in its commitment to embracing a fairer financial ecosystem.