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NetNow - About the company

NetNow is an acquired company based in Toronto (Canada), founded in 2023 by Nauman Hafeez and Soroush Arghavan. It operates as a Provider of credit management platform for streamlined credit processes. NetNow has raised $1.8M in funding from Ripple Ventures. The company has 523 active competitors, including 127 funded and 42 that have exited. Its top competitors include companies like Tala, FinBox and OPLinnovate.

Company Details

Provider of credit management platform for streamlined credit processes. This platform automates trade references, requests, and approvals, offering real-time tracking and centralized management. It also includes instant bank reference verification, fraud detection, and a customizable digital credit application system with e-signatures. The platform provides credit risk monitoring with alerts on various factors, enabling proactive risk management. The system facilitates efficient credit application processing, improving customer experience and reducing operational complexities.
Social
X
Email ID
*****@netnow.io
Phone Number
+1 **********
Registered Address
317 Adelaide St W, Toronto
Key Metrics
Founded Year
2023
Location
Toronto, Canada
Stage
Acquired
Total Funding
$1.8M in 1 round
Latest Funding Round
Ranked
Employee Count
26 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by BlackLine (Sep 21, 2026)

NetNow's acquisition details

NetNow got acquired by BlackLine on Sep 21, 2026.
Click here to take a look at NetNow's acquisition in detail
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NetNow's funding and investors

NetNow has raised a total funding of $1.8M over 1 round. Its latest funding round was a Seed round on Sep 23, 2024 for $*****. 5 investors participated in its latest round. NetNow has 5 institutional investors.

Here is the list of recent funding rounds of NetNow:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 23, 2024
1764508
Seed
3555456
7795597
4348069
1694063
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NetNow's founders and board of directors

Founder? Claim Profile
The founders of NetNow are Nauman Hafeez and Soroush Arghavan. Nauman Hafeez is the CEO of NetNow.
Here are the details of NetNow's key team members:

NetNow's Board of Directors

NetNow's board has 3 active members. Nauman Hafeez, Elisei Costea and Mitchell Richardson are independent board members.
Here is the list of NetNow's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
3y 9m
dirgyuw
Independent board member
-
Current
1y 6m
jhrqbzc
Independent board member
-
Current
7y 9m

NetNow's employee count trend

NetNow has 26 employees as of Aug 26. Here is NetNow's employee count trend over the years:
Employee count trend for NetNow
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NetNow's Competitors and alternates

Top competitors of NetNow include Tala, FinBox and OPLinnovate. Here is the list of Top 10 competitors of NetNow, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tala
Tala
2011, Santa Monica (United States), Series E
Provider of financial infrastructure and credit decision models
$346M
81/100
2nd
Logo for FinBox
FinBox
2015, Bengaluru (India), Series B
Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending
$51.1M
69/100
3rd
Logo for OPLinnovate
OPLinnovate
2015, Ahmedabad (India), Series B
White label solutions for financial institutions
$14.2M
67/100
4th
Logo for Kaleidofin
Kaleidofin
2017, Chennai (India), Series B
Financial services platform offering lending, credit assessment, and engagement
$44.7M
66/100
5th
Logo for PINTEC
PINTEC
2013, Beijing (China), Public
Retail financial solutions provider
$113M
64/100
6th
Logo for NetSol Tech
NetSol Tech
1979, Calabasas (United States), Public
Developer of an AI-driven platform for asset finance and retail
-
-
63/100
7th
Logo for Linedata
Linedata
1998, Neuilly sur seine (France), Public
Provider of software, data, analytics, and related services for financial institutions
-
63/100
8th
Logo for Knight FinTech
Knight FinTech
2019, Mumbai (India), Series A
A digital banking technology company that provides full-stack banking solutions for lending, treasury management, and supply chain finance
$32.8M
62/100
9th
Logo for GreenSky
GreenSky
2006, Atlanta (United States), Acquired
Lending as a service platform for consumer financing
$610M
62/100
10th
Logo for R2
R2
2020, Mexico City (Mexico), Series A
Provider of merchant financing solutions
$30M
61/100
149th
Logo for NetNow
NetNow
2023, Toronto (Canada), Acquired
Provider of credit management platform for streamlined credit processes
$1.8M
57/100
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NetNow's Investments and acquisitions

NetNow has made no investments or acquisitions yet.

Reports related to NetNow

Here is the latest report on NetNow's sector:

News related to NetNow

Media has covered NetNow for 1 event in last 1 year.
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FAQs about NetNow

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