Nave Bank
Banca digital para negocios | Nave Bank®
San Juan, Puerto Rico · Founded 2023 · $135.0M raised
- Headquarters
- San Juan
- Employees
- 11–50
- Founded
- 2023
- Business Model
- B2B
- Website
- navebank.com
- Total Funding
- $135.0M
- Last Round
- $135.0M Series AAug 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Nave Bank is Puerto Rico's first digitally focused local bank, having received authorization from the Federal Reserve, the FDIC, and OCIF (the Puerto Rico Office of the Commissioner of Financial Institutions) to begin operating on the island. The approval marked the first new bank in Puerto Rico in over two decades and only the fourth banking license approved that year in the United States and its territories. Nave Bank's mission is to provide financial solutions that facilitate growth in local communities and help propel Puerto Rico into the future.
Summary
Nave Bank is a Fintech company based in San Juan, Puerto Rico, founded in 2023. It has raised $135.0M in total across 1 round, most recently a $135.0M Series A round in Aug 2023. Investors include Red Ventures, BayBoston and Ribbit Capital.
Tech & App Stack
Funding History
Aug 2023
Investors
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