Novo - Small Business Checking
4.6star
5.67K reviews
100K+
Downloads
Everyone
info
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.
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.
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Ratings and reviews
4.6
5.58K reviews
Matt Carroll
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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
L.W. Herron, II
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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
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].
Jonathan Shyman
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8 August 2023
Check deposit doesn't work. Support "reached out" meaning they refuse to talk to you, only via very short texts that take an entire day, and then they say my check was a screenshot, even when it wasn't. Stay FAR away from Novo until they start taking business seriously. Update: The last few questions I asked, I got a response in a reasonable amount of time. The interface for support is still annoying, so updating my review to 3 stars. The interface for everything else is really good
6 people found this review helpful
Novo Platform Inc.
15 July 2022
Hi Jonathan,
Thank you for your feedback about our check deposit system. We're sorry the system was unable to accept your check, but please reach out to us about other methods of depositing funds into your account.
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
• 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
App support
About the developer
NOVO PLATFORM INC
801 Brickell Ave Ste 2200
Miami, FL 33131
United States
+1 305-800-6686
