How is Novo different from traditional banks

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

We built Novo for independent businesses that want a simpler way to manage money.

With Novo, you get a business checking account with no minimum balance, no monthly fees, and no hidden fees. It also includes a debit card and tools to help you stay on top of your finances.

That means built-in invoicing, simple bookkeeping, and connections with the tools you already use. Everything works together in one place, so you can spend less time managing money, and more time running your business."