Bank Novo co-founders Michael Rangel and Tyler McIntyre
This fintech's mission: Don't replace banking, simplify it - American Banker
Tech-savvy millennials are highly prized banking customers, pursued by everything from fintech startups to traditional banks that have developed their own mobile-only platforms.
But the founders of Bank Novo decided to burrow deeper into that new-generation niche, launching two years ago as a platform to entrepreneurs and fledgling small businesses. Its offerings included artificial intelligence tools that enable customers to better understand their balance sheets and accounts in real time.