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

Easy to set up.

Easy to set up.. Love their app. Simple and easy business checking setup.

I have been with this Company for 1…

I have been with this Company for 1 Year and have had no issues. All my transfers and Deposits have been smooth transactions. Also I love the side shares to set aside funds to pay other Projects.

Have a small business

Have a small business. Easy bank to work with. worked with them for 4 yrs. Cant write hand checks but they can issue checks with the app. A bit of a learning curve. But its actually more convenient. would recommend.

Solid digital banking

I’ve have Novo for over a year, after Brex dropped us small businesses. I loved Brex because of the credit reporting and the points and I went looking for a comparable company and found Novo. They don’t have the points and credit reporting but so far it’s been a great bank. I had a couple of large deposits and didn’t have any issues other than someone tried to access my account but wasn’t able to. I did cheat on Novo and went back to Chase but when business slowed down I started getting hit ...

Excellent customer service and a…

Excellent customer service and a user-friendly portal. I wish I had known about Novo before I started working with other MCA lenders—much less hassle and stress.

Great/speedy customer service

Anytime I have had any issues, questions, or a mistake on my end, Novo is always right on time. Best bank experience I’ve had. They give solutions and are always ready to assist.

Novo impressed me as a credit union…

Novo impressed me as a credit union from it ease of use and assistance given to my nonprofit organization!

Easy to set up and easy to use

Easy to set up and easy to use. Free and reliable checking account for my small business.

Eassy and great for small company

Date of experience: November 29, 2023

Great for small businesses

I've been using Novo for almost a year. So far, so good!