NorthOne was established in August 2019 and is headquartered in New York City. Since they are an online-only financial company, NorthOne provides business checking and savings accounts. The profile is tailored to the requirements of startups, and small enterprises with less than 50 workers. More than 300,000 companies use the banking platform every day.
NorthOne, like many other online-only banks, doesn't have any physical locations. Customers can access a full suite of banking services through a mobile app or website for a flat monthly fee. The only account type provided by NorthOne is a business checking account. Because of its focus on the needs of smaller companies, it is intuitive and easy to implement. Also, it facilitates the process of saving for a certain aim. There is just one main profile, but you may set up other sub-accounts to pay for salaries, taxes, and rent.