Award-winning banking solution for all your business needs

Earn a $250 bonus* with an all-in-one digital platform built for your business from formation to growth. Enjoy a free checking account with integrated business tools. Apply in minutes.

Trusted by 250,000+ small businesses
No minimums. No monthly fees

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Give your new business a boost

Business checking account without the cost

Say goodbye to hidden fees, monthly fees, and required minimum balances. Plus, enjoy refunds on all ATM fees.

Free and fast money movement

Manage your cash flow with flexible payment and deposit options built to maximize speed and minimize cost.

All the tools to run your business

Access automated budgeting, working capital, and integrations with top business tools like: Stripe, Amazon, Square, and more.

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Make your money work for you with Novo Reserves

Set a budget to reach your business goals—and forget about it. We’ll take care of the rest. With Novo, you can automate allocating funds into different Reserves so you always have enough saved for taxes, marketing costs, rainy days, and more.

Send custom invoices right from your account for free

Send unlimited one-off or recurring invoices
Customize invoices to match your brand and colors
Get paid directly into your Novo checking account
Connect Stripe to Novo invoices to accept payments by card, Apple Pay, Google Pay, and more

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Integrate Novo with the tools you already use

Connect your Novo checking account with more than 50 tools, and access financial insights and important tasks all in one place.

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female business owner

Apply for a business checking account
in minutes

Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A. Member FDIC.

*New eligible customers who sign up for a Novo Account through Xero can earn a $250 cash bonus (the “Cash Bonus”) after making $5,000 or more in net eligible purchases (purchases of goods and services minus returns/credits) using their Novo debit card within 90 days of account opening. All account applications are subject to approval. Eligible purchases are Novo debit card transactions for goods or services excluding the following: ACH payments, purchases of gift cards, purchases of traveler's checks, cash withdrawals, advances, credits from loans and cash equivalents, balance transfers, purchases of currency including coins, purchases or reloading of prepaid cards, in-app purchases, money transfer services, crypto-related services, peer-to-peer transactions such as Zelle, Venmo or Paypal, quasi-cash transactions or those using a PIN or that the merchant processes via debit network or PIN-less debit, fees on the Novo account, foreign exchange fees and fees for account services, and fees for any user services enrolled in. This list of eligible purchase exclusions is subject to change at any time, without notice. If Novo notices any activity that it believes is abusive, fraudulent, or in violation of these offer terms or Novo’s terms and conditions, Novo reserves the right to deny payment of Cash Bonus or revoke any deposited Cash Bonus. Novo further reserves the right to suspend or close accounts as deemed fair and appropriate in Novo’s sole discretion. Cash Bonus will be deposited into the Novo account within 60 days after the threshold spend amount has been met. The Novo account must be open and in good standing at the time of the Cash Bonus deposit to be eligible to receive the Cash Bonus. Novo reserves the right to modify or revoke this offer at any time. Offer not valid for existing or prior Novo customers, and only valid for current Xero customers who sign up. Eligibility is based on the primary Novo account owner. The value of this Cash Bonus may constitute taxable income. The recipient of the Cash Bonus is responsible for any federal or state taxes resulting from the Cash Bonus and should consult a tax advisor if he/she has questions about the tax treatment of the Cash Bonus. Novo Platform Inc. {“Novo”) is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A. Member FDIC.