Novo - Small Business Checking

Novo Platform Inc.

About this app

Do you need a checking account for your small business? Novo is for modern businesses.

With Novo you can apply for an account online in minutes, so you have more time to focus on your business.

Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A.; Member FDIC. Novo provides free banking tools to small businesses, all within the Novo app. You can link your existing accounts, control your debit card, pay your bills, process ACH transfers, deposit checks, categorize transactions, and separate your funds for savings in Reserves.

You’ll receive a Novo Mastercard Business Debit Card and The Novo Virtual Card to pay for things online, around the world, and use any ATM without fees from us. Send unlimited payments and paper checks for free.

Novo supports almost any business operating in the U.S. As long as the owner has a social security number, they're able to apply for a Novo Business Checking Account.

Ratings and reviews

Novo as a bank has been good. The only complaint I have is their limits on check deposits and other transfers severely limit my business's ability to operate smoothly. They do let you ask for limit changes, but they seem to only allow temporary limit changes, and that helps... temporarily. That is my only complain though. The app is great, and the features are all great. It's very reliable, no sneaky fees, and doesn't chew up tons of phone resources. 4.75 stars.

Please stop asking your customers if they like you. It's insecure, needy, and annoying. If we answer "yes" then your app autoloads the web browser on our phones and loads a link to this review page. That's manipulative, jarring, disruptive, and aggravating. Please stop doing it. Otherwise, I would say Novo gets 4 stars. Your support is slow. Banking issues need to be resolved immediately. Instant transfers should be free. India solved this. Otherwise, it's good.

Updated* The issues I mentioned in my original review seem to be fixed. Still experiencing issues with certain functions but it seems like the devs are working them out pretty quickly. Original* One of the buggiest apps I've used in quite a while. The design looks nice which is why I didn't give it 1 star, but it constantly freezes, pop-ups with integrations are buggy and I can't even upload a picture without the entire app freezing.

What's new

• Bug fixes with Performance Improvements.