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About Novo - Small Business Banking

Do you need a bank account for your small business? Novo is banking 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 provides free banking tools to small businesses, all within the Novo app.
You can link your existing bank accounts, control your debit card, pay your bills, process ACH transfers, and deposit checks just by taking a photo.

Novo is partnered with an FDIC-insured bank (Middlesex Federal Savings), giving small businesses the ability to easily open up a secure bank account to make payments, transfer money, and hold deposits.

You’ll receive a Novo Mastercard Business Debit Card to pay for things 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.

Novo - Small Business Banking details

Novo - Small Business Banking is a free Finance app for Android with 10,000+ installs on Google Play and a 4.5/5 average rating from 300 ratings. It was released on January 23, 2020 and last updated on January 7, 2021. It's developed by Bank Novo. It requires Android 5.0 or later.

Category
Finance
Rating
4.5 / 5 (300 ratings)
Installs
10,000+
Price
Free
In-app purchases
No
Ads
No ads
Current version
1.9.0
Size
92M
Requires Android
5.0 and up
Content rating
Everyone
Released
January 23, 2020
Last updated
January 7, 2021
Developer
Bank Novo

What’s new in Novo - Small Business Banking

We now detect and notify you if any payee information needs to be updated. Bug fixes and performance improvements.

Version 1.9.0 · Updated January 7, 2021

Alternatives to Novo - Small Business Banking

Looking for apps like Novo - Small Business Banking? Here are 6 similar Android apps on Google Play. The highest rated is Current: The Future of Banking (4.6/5), and all 6 are free to download.

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Current: The Future of Banking

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CapWay

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Novo - Small Business Banking vs. alternatives
App Rating Price Installs
Novo - Small Business Banking 4.5 / 5 Free 10,000+
indi — Smart banking 4.5 / 5 Free 10,000+
Bluevine 4.5 / 5 Free 10,000+
Lili Banking for Your Business 4.5 / 5 Free 10,000+
SimplyPayMe: Card Payments POS 3.7 / 5 Free 100+
Current: The Future of Banking 4.6 / 5 Free 1,000,000+
CapWay 4.2 / 5 Free 500+

Frequently Asked Questions (FAQ)

How do I apply for a Novo small business bank account?
You can apply for a Novo small business bank account online in just a few minutes.
What services does Novo offer for small businesses?
Novo offers free banking tools for small businesses, including the ability to link existing bank accounts, control your debit card, pay bills, process ACH transfers, and deposit checks by taking a photo. Novo also provides a Mastercard Business Debit Card and unlimited payments and paper checks for free.
Is Novo a secure bank for my small business?
Yes, Novo is partnered with an FDIC-insured bank, Middlesex Federal Savings, which ensures that small businesses have a secure bank account to make payments, transfer money, and hold deposits.
Can any business operating in the U.S. apply for a Novo Business Checking Account?
Yes, as long as the owner has a social security number, any business operating in the U.S. can apply for a Novo Business Checking Account.
author
Very responsive app easy to use
ant w
author
Easy to use and hassle-free
Auntie Terry
author
A solid app with convenient features
Conner Ring
author
So far so good 👍!!!
Stiles Pinkston
author
This bank is great! It processes my transactions faster than my Bank Of America account. In addition, it give me a chance to support a smaller business rather than these big banks who have a history of not t...
Lisa Wainwright
author
Best business bank and app! Seriously a great experience and super easy to use and totally simplifies my business life!
Stewart At Large