As a small business owner there can be so many hurdles. But Novo has really helped to alleviate many concerns and worries I had. The experience has been seamless and I’m looking forward to being a client for a long time.
Novo has an easy to use app. You can do everything from your phone. It is easy to transfer funds in and out of the account. The app integrates with Quickbooks and many other business management tools. They also let you create reserves of money within the account for taxes, travel expenses, or anything else you need to save for. I highly recommend Novo!!!
Easy to use approach
App Store Review
My experience has been very positive so far. Transactions have been easy and the performance of the software has been spot on! Thank you for the great customer service.
No hidden fees
No monthly fees or minimum balance requirements
Simple, easy-to-use mobile apps
Apply in under 10 minutes
Human-powered customer service
Free transfers, mailed checks, and incoming wires
Integrates with other small business tools
Refunds all ATM fees
Thousands of dollars in exclusive perks
A Virtual Card for immediate and secure spending
Backed with FDIC insurance via Middlesex Federal Savings, F.A.
Traditional Business Bank Accounts
Hide monthly or usage fees in the fine print
Charge up to $20 per month in fees
Difficult and clunky mobile apps
Can take weeks to open an account
Chatbots and automated phone support
Charge $3 per transfer and up to $25 for incoming wires
Upsell you on only their own, out-of-date products
*Novo is a fintech, not a bank. Deposit account services provided by Middlesex Federal Savings, F. A.; Member FDIC. FDIC Insurance through Middlesex Federal Savings and virtual cards provided by Patriot Bank, N.A.; pursuant to Mastercard International.
Novo is a financial technology company, not a bank. Banking services are provided by Middlesex Federal Savings, F.A.; Member FDIC.