Novo Review: Is It The Right Digital Banking Platforms For Your Team?
Best for SMB teams · Mid-market · Enterprise
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Novo offers custom pricing plan
Overview
Pricing
Features
Buyer feedback
Alternatives
Security & Compliance
Support
FAQ
Blogs
What is Novo?
"Novo is revolutionizing the world of business banking with its cutting-edge platform tailor-made for today's fast-paced companies. Powered by a reliable network of FDIC-insured community banks, Novo offers top-of-the-line business deposit accounts and user-friendly tools that cater to the needs of busy entrepreneurs. Say goodbye to traditional, old-fashioned banking and hello to Novo's modern and intuitive solution that enables founders to manage their finances on-the-go. Embrace the future of small business banking with Novo." (81 words)
Pricing
Novo offers custom pricing plan
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
SOC 2Data residency:🇺🇸
Platform
Mobile-first — limited web access
Novo was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider Novo
- Team types
- Large Enterprises, Medium Business
Ready to try it?
Get started with Novo
Connect with the team for a personalised demo.
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See how it stacks up
Compare Novo side-by-side with top Digital Banking Platforms alternatives.
What is the pricing of Novo?
Novo uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
Novo reviews and ratings
What users are saying
MH
Matthew Harding
06/30/24
Won't adjust legal business name
Novo refused to change the name of my wife's business on file. She provided all the necessary paperwork that our state requires or has available to ...
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C
Chris
06/17/24
This "bank" aka Fintech company has…
This "bank" aka Fintech company has horrendous customer service. They will not help you if you're a new business. Save yourself weeks of struggling to ...
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EL
edd laville
06/12/24
I just finished my first order of Novo…
I just finished my first order of Novo Bees Honey. I love supporting local producers. I can say, this is the best honey around and the people who work ...
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C
Chien
06/06/24
Do not trust Novo with your money
Do not trust this finance tech company for your business. They froze my account with no reason and wouldn't allow me to access my funds. This is ...
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C
customer
05/27/24
Great bank for your business banking…
Great bank for your business banking needs.
P
Peten
05/20/24
Novo is excellent!
Date of experience: May 20, 2024
What are the features of Novo?
The electronic deposit of funds into a bank account instead of a physical paper check is referred to as a direct deposit. It necessitates th…
Many financial management chores for your consumers are included in managing a homeowner's association (HOA). It's all part of the job, from…
Trading money electronically is known as online payment. Computer networks, the internet, and digital stored value systems are commonly used…
Payment Processing is defined as providing a Person with the ability to charge or debit accounts using any payment mechanism, including but…
Novo security and data handling
Key compliance certifications and security features for IT and security teams evaluating Novo.
Certifications
Security features
Developer & data
Alternatives to Novo
Novo Support Options
Frequently Asked Questions About Novo
Common questions buyers ask before choosing Novo.
Novo is a Digital Banking Platforms. Novo offers Online Payments, Online Banking Integration, Direct Deposit and many more functionalities.
Some top alternatives to Novo includes Airbank, Qualified, Workvivo, Nordigen and NorthOne.
Novo offers Quotation Based pricing model
The starting price is not disclosed by Novo. You can visit Novo pricing page to get the latest pricing.
Ready to try it?
Get started with Novo
Get connected with the team for a personalised demo.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
