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
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
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
2261 Market St, San Francisco, CA 94114, US
Business model
B2B fintech platform
API-first software
transaction fees
invoice financing / trade-credit underwriting
payments and treasury services
Funding
Stage
pre-seed
Total raised
$500K
Latest round
Pre-Seed · Apr 2024
Latest amount
$500K
Apr 2024 · Y Combinator
Jan 2024 · Y Combinator
People & investors
Work & culture
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.
Product & market
Pricing
Mostly fee-free transactions, with some usage-based fees on withdrawals / acquiring / cross-border settlement depending on account type and rails.
Differentiators
- —invoice protection backed by insurance against buyer nonpayment
- —trade credit line underwriting for buyers
- —API-driven A/R backend plus dashboard app
- —global payment rails with local currency withdrawals
- —KYC/KYB and identity verification for contractors and payors
- —publicly stated end-to-end payment security and up to $1M fraud insurance
Technology
AWS
Stripe
Intercom
Slack
OpenAI
ReadMe
OpenAPI
HTTP Basic Auth
Cal.com
Linear
Customers
global contractors
American companies hiring international contractors
manufacturers and distributors
grocery distributors
airlines and hospitality brands
buyers and sellers in new markets
Competitors
Payoneer
Mercoa
JustPaid.io
Monetize360
Balance
Scale & contact
Estimated revenue
Under $1M (public estimates roughly $428k-$900k)
Estimated monthly visits
29
Traffic estimate as of Jul 2026
Latest news
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.
Jobs and careers at The New Money Company
0 jobs at The New Money Company
No open positions
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