Tencent led a $67m Series B funding round in NorthOne.

Tencent, a technology and entertainment conglomerate and holding company, led a $67m Series B funding round in NorthOne, a financial technology company, with participation from Battery Ventures, Don Griffith, Drew Brees, Ferst Capital Partners, FinTLV, Next Play Capital, Operator Stack, Redpoint Ventures and Tom Williams. “Through an obsessive focus on our customers’ needs, we’ve been able to predictably build a business banking experience that unlocks an incredibly strong product-market fit. As our customers grow, their problems evolve beyond the bank account. By connecting the data layer between accounting, receivables, payables, lending, payroll—all the financial operations—and the bank account ledger, we can provide a transformative offering that’s always felt out of reach for our customers: a world-class finance department built for their business,” said Eytan Bensoussan, NorthOne Co-Founder and CEO.