Novo Reviews in June 2026: User Ratings, Pros & Cons

Perfect for small businesses

For someone who is not tech savvy, I have been thrilled with how user friendly Novo is for a new small business owner from expense tracking to invoicing and connecting with Stripe. I also love their reserves concept where when revenue comes in, it gets automatically separated into buckets for taxes, expenses and to make sure I always pay myself!

Awesome

Novo has no fees or minimum requirements. Great for business owners who are starting out!

Easy to use and great offerings!

Date of experience: September 10, 2023

Great baking with great features.

We started baking with Novo for our small business, and it’s been great. We love the features, especially the free invoicing. I definitely recommend it.

Not great B2B communication

Not great B2B communication, restrictive internal network, & slow to respond. Messaging is not possible on the website, just the app, which must be connected to a phone number. Really bad for doing business with multiple members on an LLC. Aside from that, the payments do go through and their invoice tool is alright. Could be better when paying invoices, instead of doing separate payments (could be automatic based on past payment/invoice history).

Not great B2B communication

Not great B2B communication, restrictive internal network, & slow to respond. Messaging is not possible on the website, just the app, which must be connected to a phone number. Really bad for doing business with multiple members on an LLC. Aside from that, the payments do go through and their invoice tool is alright. Could be better when paying invoices, instead of doing separate payments (could be automatic based on past payment/invoice history).

Novo

I love the notifications. They keep me on top of my game!

Novo the best bank there is

Novo the best bank there is ! The only thing they need is Zelle

Nice Simple Easy

Nice interface. Simple and easy business banking.

Simple and Easy to Use

I have really enjoyed Novo for my small business banking. It is very simple and easy to use. It has just the features I need. I would highly recommend it for those small businesses looking for a good, simple banking solution.