Novo - Small Business Checking

4.6
5.66K reviews
100K+
Downloads
Content rating
Everyone
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About this app

Do you need a checking account for your small business? Novo is for modern businesses.

With Novo you can apply for an account online in minutes, so you have more time to focus on your business.

Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A.; Member FDIC. Novo provides free banking tools to small businesses, all within the Novo app. You can link your existing accounts, control your debit card, pay your bills, process ACH transfers, deposit checks, categorize transactions, and separate your funds for savings in Reserves.

You’ll receive a Novo Mastercard Business Debit Card and The Novo Virtual Card to pay for things online, around the world, and use any ATM without fees from us. Send unlimited payments and paper checks for free.

Novo supports almost any business operating in the U.S. As long as the owner has a social security number, they're able to apply for a Novo Business Checking Account.
Updated on
20 Nov 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location, Personal info and 5 others
This app may collect these data types
Location, Personal info and 6 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.6
5.57K reviews
Matt Carroll
30 June 2024
Novo as a bank has been good. The only complaint I have is their limits on check deposits and other transfers severely limit my business's ability to operate smoothly. They do let you ask for limit changes, but they seem to only allow temporary limit changes, and that helps... temporarily. That is my only complain though. The app is great, and the features are all great. It's very reliable, no sneaky fees, and doesn't chew up tons of phone resources. 4.75 stars.
17 people found this review helpful
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Ben Murphy
30 May 2024
Updated* The issues I mentioned in my original review seem to be fixed. Still experiencing issues with certain functions but it seems like the devs are working them out pretty quickly. Original* One of the buggiest apps I've used in quite a while. The design looks nice which is why I didn't give it 1 star, but it constantly freezes, pop-ups with integrations are buggy and I can't even upload a picture without the entire app freezing.
7 people found this review helpful
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Novo Platform Inc.
3 May 2024
Hi, we are sorry that you're having issues with the app. Can you write to us at [email protected]. Kindly include a description of the issue you are facing, your Android version, and your app version. We will investigate immediately & solve the issue.
L.W. Herron, II
1 September 2022
Works great for my security deposit trusts. Some slight UX improvements would make it even better. For example, after completing a mobile check deposit it would be more intuitive to not only display a success confirmation to the user but to also list the transaction on the activity tab and mark that transaction as 'pending'. Currently, after tapping 'done' on the confirmation screen there is no other indication that the deposit has been made in the app...
20 people found this review helpful
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Novo Platform Inc.
13 July 2022
Thank you for your review! We're always looking for ways to improve, so if you'd like to provide more feedback for our team, please send a message to [email protected].

What's new

- The Novo Business Credit Card is now available for eligible customers!
• Earn cashback on business purchases
• Enjoy personalized perks with no annual fee
• Track all your business purchases in one place with AI-powered expense categorization
- Bug fixes with Performance Improvements