The Small Business (SMB) Challenger Banks: Novo
Just 7 years old, Novo is tied for the oldest provider on our digital SMB banking list. The...
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Category: Checking & Transaction Accounts
The SMB Challenger Banks: Relay Financial Moves Up the Value Chain with Advanced Money Management Tools
Founded just 5 years ago (Oct 2018), Toronto-based Relay Financial is the only non-USA company on...
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Top 19 U.S. Online Digital Banks for Small Business (SMB) Sep 2023
The first pure-play online bank Security First Network Bank (SFNB) launched in 1995, just a year...
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Reacting Quickly to SVB Fallout, Mercury Launches Vault, with $5M FDIC Deposit Insurance
Within days of the fall of Silicon Valley Bank, challenger small-business banking provider...
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Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share
Since we began publishing our digital challenger bank list, Novo has been the most popular choice...
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What’s New in SMB Digital Banking? Grasshopper Offers BOTH 1% APY and 1% Cash Back
FintechLabs follows the small business digital banking space closely. While the summer is...
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| Company Overview | FAB Score* | Founded | Funding $M | |
|---|---|---|---|---|
 | Ad | 2007 | $120,000 | NYC |
 | 488 | 2020 | $950 | NYC |
 | 362 | 2008 | 2500 | Atlanta |
 | 309 | 2015 | 699 | Toronto |
 | 282 | 2013 | $768 | SF |
| Company | FAB Score* | Founded | Funding ($M) | |
|---|---|---|---|---|
 | 888 | 2019 | $1,360 | NYC |
 | 480 | 2008 | $401 | SF |
 | 200 | 2016 | $418 | Utah |
 | 200 | 2019 | $368 | NYC |
 | 131 | 2017 | $252 | SF |
| FAB Score* | Founded | Funding ($M) | ||
|---|---|---|---|---|
 | 230 | 2016 | $881 | SF |
 | 122 | 2017 | $520 | SF |
 | 80 | 2017 | $306 | Wash DC |
 | 63 | 2005 | $0 | London |
 | 39 | 2015 | $142 | SF |