Features, Benefits and How it Works
North One is a digital banking platform designed specifically for small businesses, freelancers, and startups, offering a streamlined, user-friendly experience that caters to the unique needs of entrepreneurs.
Founded in 2016, North One focuses on providing essential banking tools without the complexities of traditional financial institutions, allowing businesses to manage their finances entirely online.
Moreover, at the core of North One’s offering is its business checking account, which is accessible via a mobile app and includes features such as ACH transfers, wire payments, mobile check deposits, and a Mastercard debit card. Unlike traditional banks, North One offers a transparent, fee-based structure, eliminating the hidden charges that often come with business banking.
Likewise, one of North One’s standout features is its focus on simplifying financial management for businesses. The app integrates with popular accounting, payment, and financial software, including QuickBooks, PayPal, Shopify, and Stripe, allowing users to automatically sync their transactions and streamline their bookkeeping.
In addition, North One also offers customizable sub-accounts, known as “envelopes,” which allow business owners to allocate funds for specific purposes like taxes, payroll, or upcoming expenses. This feature helps businesses organize their finances and ensure they are saving for critical needs, reducing the risk of cash flow problems. Additionally, the platform provides real-time transaction tracking and spending insights, giving users a clear overview of their financial health.
In summary, North One offers a banking platform that simplifies financial management for small businesses and freelancers, providing essential tools such as checking accounts, payment processing, and financial integrations in a straightforward and secure manner. By focusing on transparency, convenience, and automation, North One enables entrepreneurs to focus on growing their business while managing their finances effectively.
Founded: 2018
Headquarters: New York, USA
Users: unknown
Countries available: United States
Account plans: 2 plan options for businesses