BankingFunding

Oxygen: Closes $17 Million Series A round of funding

  • Oxygen a modern financial platform designed for the 21st-century economy digital-natives looking for a banking partner
  • Oxygen announced a $17 million Series A round of funding the round included Runa Capital, S7V, 1984.vc, EFG Hermes
  • Oxygen provides flexible banking solutions to both consumers and small businesses seeking modern financial solutions
  • Since launching in January of 2020, Oxygen seen tremendous growth and engagement, surpassing 125,000 accounts opened
  • Both the consumer and small business accounts have no minimum balance or monthly fees FDIC insured via a partnership with The Bancorp Bank
  • In addition to Oxygen’s compelling product suite, the company has cultivated partnerships with top-tier companies like Visa
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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