Do you need a bank account for your business? Novo is banking 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 provides free banking tools to small businesses, all within the Novo app.
You can link your existing bank accounts, control your debit card, pay your bills, process ACH transfers, and deposit checks just by taking a photo.

Novo is partnered with an FDIC-insured bank (Middlesex Federal Savings), giving small businesses the ability to easily open up a secure bank account to make payments, transfer money, and hold deposits.

You’ll receive a Novo Mastercard Business Debit Card to pay for things 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 are able to apply for a Novo Business Checking Account.

What’s New

Version 2.12.0

- Major improvements to invoices - multiple recipients, send a copy of the invoice to your email, edit invoice numbers, and the ability to add your business name to the invoice.
- Bug fixes & performance improvements.

Ratings and Reviews

4.7 out of 5
2.1K Ratings

2.1K Ratings

AJC Twone ,

AC’s Nuvizion Enterprise

This is a very crazy company that I have discovered even in relocating to Africa from USA north, I am located in Texas they have made it very comfortable for me transform my company over to the new location at the Plymouth stores that I will be opening a great portable price package or both orders the customer service was the greater better very business the red and life at a friends home from how you appreciate it a company like this to be able to do it I will be for an a lot of them and if you are looking to do both shipment this is a great life they make sure that that your products are own time and shipping no mater where it’s a blessing to find great reliable products source and a Cost-effective are broadly business purchase options and treat you better as a family members and does the most to meet your need they returned my call from a email I sent and didn’t mess a beat with information I gave ty AC

Developer Response ,

Hi AJC Twone,

Thank you for your review and for supporting Novo!

Jbenk7 ,

Good customer service but frustratingly bad platform

So far most of my interactions with customer service have been good. But they are still very slow and a long way off from having a good platform. For a virtual bank to limit your check deposit picture amount per month was a frustrating discovery when we tried to deposit more than 5 checks one month.

Their were a handful of nuances but what recently is the straw that broke the camels back was concerning the PPP in the Cares Act. They requested that you put in NOVO as the agent that helped you submit your form. What people may not understand about that is that they get a 1% kickback for that which is fine BUT the purpose of that kickback is for accountants to help businesses gather the information needed when they don’t charge the businesses for their services and hours that they spend on it. So Novo is essentially saying that they helped you pull all the numbers together AND (believe it or not) they will have some liability attesting that the numbers you submit is correct (which is a lawsuit waiting to happen and just a plain old foolish thing to put their company at risk for just because they want that 1% off the top). It made me very uneasy of their ethics when I saw that.

Developer Response ,

Hi Jbenk7,

Thanks for reaching out and sorry to hear that. To confirm, Novo would be considered under "broker or referral services" and not the agent. Feel free to reach out to our support team if you have any further questions and we'll be happy to explain in further detail.

Sunny270 ,

Not a bank or a financial institution..just another app company

So if you think you are banking YOU ARE NOT!
It’s a software company partnering with middlesex federal savings bank so it’s just a facade of the bank that doesn’t have or wants to do the techie stuff but gets to take all the benefits of chipping in is banking might..that’s all. If you have a real person banking problems forget it they are clueless. And when you dare to ask you will see how they question you as if you should know everything and they are obliging you with a support agent. It’s sad to see such a great interface with such a poor behind the scenes. My direct deposit failed and they had no clue why..this is not my first rodeo with such app developers trying to make it big in financial space with banking. Another app company that started as Simple did transaction frauds and sold the company to someone else and I was left with a missing $100 from them and never heard back Poof !! So I have decided to close this business account after mere one week of experience with them. It’s a shame !
I need to find a brick and mortar bank for serious banking because in a world of laws and accountability..I can’t allow to be taken rise of and be someone’s Beta tester. I need a bank connected with people problems not an App trying to be the next big thing.

Developer Response ,

Hi there, we appreciate you bringing up these issues with our app and others. We are working hard to make sure all of our users feel heard and supported, and we will make sure to take this feedback into consideration. Please feel free to reach out to support@banknovo for any additional help you may need.

App Privacy

The developer, Novo Financial Corp., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Identifiers

Privacy practices may vary, for example, based on the features you use or your age. Learn More


  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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