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.
- Website
- www.netnow.io/
- 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
Investors
Ranked
149th among 523 active competitors
Employee Count
26 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by BlackLine (Sep 21, 2026)
Legal entities associated with NetNow
NetNow is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NetNow Financial Inc. CIN: 14565827 , Canada, Active | Nov 29, 2022 | - | - | - |
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 |
View details of NetNow's funding rounds and investors
NetNow's founders and board of directors
Founder? Claim ProfileHere are the details of NetNow's key team members:
- Nauman Hafeez: Co-Founder & CEO of NetNow. They serve on the board of 1 company.
- Soroush Arghavan: Co-Founder and Chief Technology Officer of NetNow and founder of 1 other company.
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 |
View details of NetNow's Founder profiles and Board Members
NetNow's employee count trend
NetNow has 26 employees as of Aug 26. Here is NetNow's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tala 2011, Santa Monica (United States), Series E | Provider of financial infrastructure and credit decision models | $346M | 81/100 | |
2nd | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 69/100 | ||
3rd | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
4th | Kaleidofin 2017, Chennai (India), Series B | Financial services platform offering lending, credit assessment, and engagement | $44.7M | 66/100 | |
5th | Retail financial solutions provider | $113M | 64/100 | ||
6th | NetSol Tech 1979, Calabasas (United States), Public | Developer of an AI-driven platform for asset finance and retail | - | - | 63/100 |
7th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
8th | 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 | GreenSky 2006, Atlanta (United States), Acquired | Lending as a service platform for consumer financing | $610M | 62/100 | |
10th | Provider of merchant financing solutions | $30M | 61/100 | ||
149th | Provider of credit management platform for streamlined credit processes | $1.8M | 57/100 |
Looking for more details on NetNow's competitors? Click here to see the top ones
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.
•
BlackLine Acquires NetNow, Expanding Invoice-to-Cash CapabilitiesGlobal Fintech Series•Sep 21, 2026•NetNow, BlackLine
•
NetNow: Trade Credit Automation Platform Company Raises $1.8 Million (Pre-Seed)Pulse 2.0•Sep 23, 2024•NetNow, Ripple Ventures, Centre Street Partners, Antler and 2 others
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