NorthOne

NorthOne in its $92 million Series B financing

Client

NorthOne

Value

$92 million

Service

Emerging and High Growth Companies

Date Closed

October 2022

Industry

Fintech

Lead Office

Toronto

 

On October 132022, NorthOne announced it had completed its Series B financing led by Tencent. With this funding, NorthOne plans to build new working capital and credit products, as well as faster and more convenient payment solutions.

NorthOne is a banking platform which connects to a company’s financial tools in order to provide insight into their financial health. NorthOne was originally created for small businesses, working to prevent them from overpaying or losing out on productivity through a traditional banking experience.

Osler, Hoskin & Harcourt LLP advised NorthOne with a team consisting of Chad Bayne, Gary Marshall, Sahil Chopra (Emerging and High Growth Companies), and Rob Valentini (Corporate).