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

Great business banking option that's…

Great business banking option that's accessible and affordable for my small business. Mutiple helpful tools, integrations and great interface. I have had no issues for the last 16 months. Highly recommend.

Beware Novo Funding

Update: I was contacted by the accounting team and was told that my linked account was deleted and they do not know how. As far as I know as a customer, the only way to delete a linked account is to call in and request for it to be removed. I never authorized this. Now the only way to pay them and ensure I don't go into default is to manually send an ach each month. After disputing this by asking is there another way to set up payment so I can not be inconvenienced further, I was told no, ...

Great for small businesses

Great for small businesses, no need for QuickBooks when it comes to invoicing or bookkeeping needs. If you don't take cash for your business then you don't need to use another business account. Overall experience has been great, some technical issues here and there when they sent us new credits. Account manager has been helpful and responsive usually within a couple of business days.

Horrible bank

Horrible bank. They have my account so messed up. I can't access my money and they refuse to help me. They keep putting me off on the next person rather than helping me. DONT USE THEM THEY ARE A SCAM.... So then they send this reply lying about contacting me , because they haven't even tried!!!!!!

Great for small businesses

Great for small businesses, no need for QuickBooks when it comes to invoicing or bookkeeping needs. If you don't take cash for your business then you don't need to use another business account. Overall experience has been great, some technical issues here and there when they sent us new credits. Account manager has been helpful and responsive usually within a couple of business days.

I've been with Novo for about 2 years…

I've been with Novo for about 2 years and it's been a great experience I would recommend them to anyone who's starting a business

I've been with Novo for about 2 years…

I've been with Novo for about 2 years and it's been a great experience I would recommend them to anyone who's starting a business

I paid 20$ for express delivery. Money is lost

I paid 20$ for express delivery. It supposed to arrived latest 1.30pm. I wrote support and no one replied me. Terrible experience terrible customer service. This is a scam. Bunch of weirdos trynna send money. Do not open account with them. Stay away please stay away.

Someone fraudulently opened a Novo…

Someone fraudulently opened a Novo account in my name after opening a new business LLC and Novo let them and then when I try to report the fraud they only have an email address to contact them!!! This is crazy!!!

Safe online banking with simple &…

Safe online banking with simple & intuitive design! I love using Novo for my small business.