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IAMI, March 16, 2022 —  Novo, the powerfully simple small business checking account and financial technology platform, today announced that the company has hired Daniel Cronyn as EVP of Growth.

“As someone who has both owned a small business and advised countless others, Daniel is passionate about growing the adoption for products that truly serve small businesses’ best interests,” said Michael Rangel, CEO and co-founder of Novo. “I look forward to working with him on scaling Novo’s growth and marketing teams, and welcoming millions of small business customers across the U.S. in the coming years.” 

Cronyn brings to Novo two decades of experience in marketing and growth strategy. Previously, he served as VP of Growth & Acquisition for password manager Dashlane. There, he started and scaled Dashlane’s growth team to more than 20 people, and drove nearly 100% growth across their B2B and B2C security ecosystems. Prior roles included co-founder and chief growth officer of reservation startup Hella Bella, and VP of growth for STEAM education startup littleBits, where he led the company through acquisition. Additionally, Cronyn has held marketing roles at Movable Ink, TheLadders, and TripAdvisor. He received his BS in Marketing and English from Boston College. 

“Novo has all of the ingredients for success: an incredible product, a passionate customer base of more than 160,000 small businesses, and an extraordinary team that can take the company to the next level,” said Cronyn.  “I couldn’t be more impressed with the marketing and growth work Novo has done over the last few years to go from being a completely new company, to one of the most widely-used small business fintech platforms. I look forward to building out the growth engine, and leveraging our incredible product position in the market.” 

In 2022, Novo’s growth team was recognized as executing the Campaign of the Year in the Tearsheet Acquire Awards. Additionally, Novo has received multiple “Best Business Checking Account” awards over the last year from CNBC, NerdWallet, and Money magazine.  

About Novo

Novo Platform, Inc. (“Novo”) is the powerfully simple checking account and financial technology platform for small businesses. To learn more, visit www.novo.co.

Disclosure

Novo is a fintech and not a bank. Novo acts as a service provider to Middlesex Federal Savings, F.A., and the deposit and banking products obtained through the Novo platform are provided by Middlesex Federal Savings, F.A. 

Middlesex Federal Savings, F.A. is a federal savings bank and an FDIC-insured depository institution (FDIC Certificate 28368). Deposits made at Middlesex Federal Savings, F.A. through the Novo platform receive FDIC insurance protection on a pass-through basis up to the applicable legal limit. When determining the amount of your deposits covered by FDIC insurance, please note all deposits you make through the Novo platform will be aggregated with all deposit accounts of the same ownership and/or vesting held at Middlesex Federal Savings, F.A. and Middlesex Federal Savings, F.A. brands. Additional information regarding FDIC insurance coverage is available at www.fdic.gov. 

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Updated 
March 16, 2022
 in 
Company News
 category