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Oxygen runs a digital banking platform that partners with The Bancorp Bank to offer banking services for entrepreneurs, creators, and other nontraditional customers. It functions as a fintech-enabled bank, providing products such as high-yield savings with 3.00% APY on balances up to $20,000, up to 6% cashback on purchases, round-ups, and unlimited savings goals, plus Premium perks like Global Entry reimbursement and lounge access. Revenue comes mainly from merchant interchange fees when customers use the Oxygen card, with additional income from interest on loans and other products. The goal is to simplify and enhance financial management for the modern economy by delivering convenient, tech-driven banking that fits fast-paced, nonconventional lifestyles.
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$45.1M
Headquarters
Princeton, New Jersey
Founded
2017
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Total Funding
$45.1M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
That's why Platoshealth has partnered with Oxygen (by Access Bank) to bring you a buy-now-pay-later option for the Platos Body Monitor.
SAN FRANCISCO, Oct. 5, 2023 /PRNewswire/ -- Oxygen, a leading innovator in the financial technology industry, today announced a series of executive hires. These appointments come at a time of significant transformation for Oxygen. With a commitment to strengthen its leadership team and provide cutting-edge financial solutions to the marketplace, the company continues to prioritize compliance, transparency and customer experience.Rob Brown joins Oxygen as the company's new Chief Marketing Officer. Brown will play a critical role in positioning Oxygen as a frontrunner in the fintech space. Leading the company's core marketing functions, he will enhance Oxygen's market presence and further accelerate its growth
Oxygen, a San Francisco, CA-based provider of a digital banking platform, raised $20M in Series B funding
Oxygen Scores $20M Series B Funding Back to HomeSAN FRANCISCO, CA, Digital banking platform Oxygen today announced $20 million in Series B funding.Digital banking platform Oxygen today announced $20 million in Series B funding - led largely by return investors - and the appointment of David Rafalovsky as Chief Executive Officer (CEO). Oxygen will use the funds to increase investment in product development and user experience around its core financial technology solutions, and to expand its workforce to meet growing demand.Oxygen is a modern financial platform designed for the 21st-century economy - providing digital natives, creators and entrepreneurs pushing everyday boundaries a seamless experience to spend, send and save across both their personal and business lives. Available on web, iOS, and Android, Oxygen members enjoy cashback rewards, early direct deposit, simple transfers and high yield savings in addition to everyday retail and travel benefits. Businesses can start and scale their operations with integrated solutions like nationwide LLC incorporation and custom invoicing that is elegant, simple and secure. Reject ordinary. Banking for the Extraordinary.(c)2011-2020 by Massinvestor, Inc
Oxygen, a modern financial platform designed for the 21st century economy, today released its State of the Creator Economy Report, which takes a look at the booming creator economy, the people behind the content, their goals and challenges, and the technologies that are quickly changing the industry.
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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$45.1M
Headquarters
Princeton, New Jersey
Founded
2017
Find jobs on Simplify and start your career today