Switching from
North One?
Novo makes it easy.

With North One closing, it’s the perfect time to move to a banking platform solution that works harder for your business.

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Why 250,000+ businesses rely on Novo

With Novo, you get the best of both worlds: the convenience of a modern banking platform and the confidence of knowing your money is backed by Middlesex Federal Savings, a bank that’s been trusted for more than 130 years.

Novo delivers the tools you rely on, the flexibility to keep your business moving, and the dependable experience you expect from a platform built for growth.

Here are just some of the features our customers love:

For eligible customers, Novo offers:

How Novo Compares to North One

North one

$0 maintenance fees

Free standard ACH transfers

Invoicing directly from app

Built-in budgeting tools

Debit card offered

Mobile App

Cash back credit card offered

Yes, up to 2% on eligible business purchase*

No credit card offered

App integrations

QuickBooks, Stripe, Square, Shopify, Amazon, Wise, and
more

QuickBooks, Stripe, PayPal, and more

Wire Transfers

Free incoming domestic wires; outgoing wires available in beta for limited users

Free incoming wires; outgoing wires incur a S15-20 fee

Deposits

Cashier's checks and money orders can be deposited via app; Cash deposits not directly supported

Cash deposits available via partner ATM networks

ATM Access & Fees

Most ATM networks supported with up to $7 in fees/month refunded

Must use Allpoint network to avoid fees;
Some limitations apply

Hear directly from the businesses who bank with us

With over 250,000 customers, businesses across the country are using Novo to help manage and grow their bottomlines. See what they have to say about Novo’s tools and products. 
Dominique Benson
Engaged Minds Academy
“Novo Funding gave me the cushion to cover expenses smoothly and invest in marketing and backend improvements without worrying about deposit timing.”
customer since 2022
David Degner
David Degner Photography
“The Novo Business Credit Card has been instrumental in helping me manage my monthly expenses effectively. Additionally, it provides a convenient buffer of a few extra weeks when clients extend their payment deadlines, allowing me to pay them off without any financial strain.”
customer since 2021
Daniela Pinaud
Idea Studio Co.
“I’m a designer, so it’s important that I can customize my invoices with my logo. I can do that in Novo."
customer since 2021
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Frequently Asked Questions

What do I need to do to open a Novo account?

How can I get in touch with Novo customer support if I have questions?

How do I get my money out of North One and into Novo?

How do I convert my Envelope settings into Novo Reserves?

How do I keep processing payments while switching from North One to Novo?

How do I pay my invoices while I switch over to Novo?

How do I fund my payroll with Novo?

How do I migrate my invoices to Novo?

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