Flagright · Jun 2025
Flagright announced The New Money Company as a customer for transaction monitoring, AML compliance, and risk controls.
Invoicing that pays you even if your buyer doesn’t
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
San Francisco-based fintech platform (also called Numo) that protects invoices, underwrites buyers, and helps businesses and global contractors move, hold, and withdraw USD with compliance and fraud controls.
Primary product
Numo — invoice protection and global payments / trade-credit platform
Founded
2023
Headquarters
San Francisco, California, United States
Team size
1-10
Industry
Technology, Information and Internet
Sub-industry
Financial technology / invoice protection / trade credit
Offices
0 jobs at The New Money Company
Check back later for new openings
Business model
Stage
pre-seed
Total raised
$500K
Latest round
Pre-Seed · Apr 2024
Latest amount
$500K
Apr 2024 · Y Combinator
Jan 2024 · Y Combinator
Investors
Public signals point to a small, security-first, API-first, support-heavy fintech team focused on compliance, verification, and high-touch onboarding.
Compensation
No public salary bands or compensation details found; the YC jobs page shows no current postings.
Pricing
Mostly fee-free transactions, with some usage-based fees on withdrawals / acquiring / cross-border settlement depending on account type and rails.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Under $1M (public estimates roughly $428k-$900k)
Estimated monthly visits
29
Traffic estimate as of Jul 2026
Flagright · Jun 2025
Flagright announced The New Money Company as a customer for transaction monitoring, AML compliance, and risk controls.
TechCrunch · Apr 2024
Profiles Numo as an offshore bank / payments platform for international contractors and reports early traction including verified contractors and signups.
TechCrunch · Apr 2024
Highlights Numo as a banking service for contractors in emerging markets and notes its focus on better payroll and holding funds securely.
LinkedIn · Mar 2024
Reuben Balik announced the company as Numo, a global payments and verification platform for digital freelancers, and said the team had been accepted into Y Combinator Winter 2024.