Novo
novo.coSmarter banking for small businesses, no hidden fees
Finance & Fintechbusiness-bankingsmall-businesschecking-accountno-feesfintechinvoicingfdic-insured
About
Novo is an online business banking platform designed for small business owners, offering fee-free checking accounts with FDIC-insured deposits through a partner bank. It provides tools such as real-time fraud alerts, bank-level encryption, and invoicing features to help businesses manage their finances. Novo also offers partner perks and educational resources like webinars to support business growth.
Problem
Small business owners struggle with traditional banking fees, complex account setup, and lack of business-specific financial tools.
For
small business owners
How it works
Users sign up online for a free Novo checking account with no branch visit required, gaining access to banking features, partner deals, and business tools through a digital platform.
Business model
free
Status
launched
Company
Novo