# Finova Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finova-financial

- Industry: Financial Services
- Headquarters: Palm Beach Gardens, US
- Website: www.finovafinancial.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Jan 28, 2016)
- Investors on record: 1

## About

Finova Financial, LLC provides innovative financial solutions catering to both individual and business clients, specializing in loans, advisory services, and investment products to enhance financial stability and growth.Founded in 2015, Finova Financial, LLC is headquartered in Palm Beach Gardens, US. The company focuses on offering financial services to small to medium-sized enterprises (SMEs) and individuals. The latest funding round was a Seed round on October 18, 2017, led by 500 Global, raising USD 130,000, with total funds raised amounting to USD 130,000 across five deals.Finova Financial specializes in delivering tailored financial solutions that include loans, financial advisory services, and investment products aimed at improving financial stability. The company serves a broad customer base, including SMEs seeking funding and individuals pursuing personal loans and investment opportunities, primarily in North America and select European regions.Finova Financial generates revenue through a structured transaction model encompassing both B2B and direct-to-consumer interactions. Revenue primarily stems from interest on loans, fees from advisory services, and commissions on investment products. Clients may engage through subscription services for ongoing advice or one-time loan products with various financing options, designed to be competitive in the market.To support its growth strategy, Finova Financial is planning to enhance its product offerings and expand into new geographic markets. The company aims to introduce new financial products in the coming fiscal year while targeting expansion into additional markets across Europe and the US. The recent funding round led by CoVenture in October 2017 will be utilized to bolster these initiatives as part of an overall USD 102.5 mn equity and debt financing.

## Funding rounds

- Seed, Jan 28, 2016, $0.1M — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed