Stories
Stories
Alumnae-founded Fintech Startup Secures $29M in New Financing
Photo via Harvard Innovation Labs
Lara O’Connor Hodgson (MBA 1998), cofounder of Now, recently spoke to Yahoo Finance Live to discuss its recent $29 million funding round.
Hodgson cofounded Now in 2010 with former Georgia gubernatorial candidate Stacey Abrams as a way to help small businesses more easily gain access to capital. “What we find is when a small business starts using NowAccount and they start getting paid in just a couple of days, it completely changes the way they do business. And it accelerates their growth,” Hodgson tells Yahoo Finance. “So in addition to serving more clients with this new capital, we'll be able to continue to scale and serve our existing clients as they grow exponentially.”
Asked about the confidence of the small business community in the economic recovery, Hodgson expressed optimism. “(T)his is an incredible opportunity for small businesses to really drive innovation coming out of this crisis,” she said. “And so I take that as an awesome opportunity, and an awesome responsibility quite frankly, to support them in their goal of taking on some of this opportunity.”
Post a Comment
Related Stories
-
- 02 Oct 2015
- HBS Alumni Bulletin
The ‘F’ Word
Re: Alex Nelson (MBA 2010); Alison Wagonfeld (MBA 1996); Christina Wallace (MBA 2010); Marty Manley (MBA 1987); Amar Kumar (MBA 2010); Jeff Jenest (MBA 1978); Alan Horn (MBA 1971); Julia Kastner (MBA 2012); Charmaine Kyle (MBA 1999); Ken Towl (MBA 1977); Frank Magwegwe (AMP 185); Barry Rowan (MBA 1983); Michael Gingrich (MBA 2007); Mike Enriquez (MBA 1977); Lara Hodgson (MBA 1998); Chuck Stoddard (MBA 1969); Phil Ebeling (AMP 185); Berry Versfeld (MBA 1973); John Sweeney (MBA 1969); Jim Arbury (MBA 1966); Thomas R. Eisenmann (Howard H. Stevenson Professor of Business Administration Peter O. Crisp Faculty Chair, Harvard Innovation Labs); Shikhar Ghosh (MBA Class of 1961 Professor of Management Practice of Business Administration) -
- 26 Aug 2015
- Boston Globe
Harvard’s Launch Lab Turns One, Adds Space for 35 More Alumni Startups
-
- 22 Sep 2015
- Making A Difference
Putting Entrepreneurial Skills to Work in City Hall
Re: Mitchell B. Weiss (Richard L. Menschel Professor of Management Practice) -
- 07 Nov 2015
- Forbes
This Ivy League School is Turning Out Fashion's Hottest Startups
Re: Olga Vidisheva (MBA 2011); Katrina Lake (MBA 2011); Alexandra Wilkis Wilson (MBA 2004); Jenn Hyman (MBA 2009); Katia Beauchamp (MBA 2010); Frances X. Frei (UPS Foundation Professor of Service Management)
Stories Featuring Lara Hodgson
-
- 01 Jun 2007
- Alumni Stories
2020 Vision
Re: Lara Hodgson (MBA 1998)
