Oxygen
Oxygen is a digital-first neobank that provides banking products tailored to small businesses, entrepreneurs, and gig economy workers with irregular income streams. The platform historically supported over 1,750 daily business users and processed more than $550,000 in monthly card swipe revenue. Oxygen's services are currently unavailable as the company works on new initiatives.
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Small businesses and entrepreneurs, particularly those in the gig economy, often lack access to banking products tailored to their irregular income streams and unique financial workflows. Traditional banks frequently fail to address the needs of non-traditional workers, leaving them underserved by conventional financial infrastructure.
Solution
Oxygen built and marketed an innovative fintech platform of financial products designed to better empower small businesses and entrepreneurs. The platform offered banking services that processed over $550,000 in monthly card swipe revenue for more than 1,750 daily business users. Oxygen launched as a neobank targeting mid-to-high income millennials, gig economy workers, SMBs, and entrepreneurs, providing them with accessible financial tools. The company's services are currently unavailable as it works on new initiatives.
Target Audience
Primary customers are small businesses, entrepreneurs, gig economy workers, and mid-to-high income millennials seeking modern banking alternatives to traditional financial institutions.
Features
- Banking services tailored for small business and entrepreneur financial needs
- Platform designed specifically for gig economy workers and mid-to-high income millennials
- Card swipe processing capability supporting over $550,000 in monthly transaction volume
- Daily active user base exceeding 1,750 businesses
- Neobank structure offering digital-first financial products