Novo is a fintech company that offers a powerfully simple business banking platform for small business owners. It provides an all-in-one money management solution that simplifies business finances. Novo offers business checking solutions, flexible invoicing options, integrations with payments, payroll, and other tools, and exclusive partner perks that enable customers to save thousands on popular tools like Quickbooks, Gusto, and Hubspot.
One of the key features of Novo is its free physical and virtual debit card that allows customers to access their accounts at any time. Novo Reserves allows customers to allocate funds into different reserves automatically, making budgeting and balancing easier than ever. Novo also offers free ACH transfers, mailed checks, incoming wires, and international payments using Wise or an invoice right from the Novo account.
Novo is free from hidden fees, monthly fees, or a required minimum balance, and deposits are insured for up to $250,000 through its partner bank, Middlesex Federal Savings. The bank-grade encryption ensures that customers’ information remains safe and secure at all times. Customers can monitor all their purchases in one place, and freeze or unfreeze their card in a few taps with instant card controls.
Novo has over 200k customers, has processed over $500M in faster payments, and has a 4.9 app rating. Novo Boost allows customers to get their Stripe payments 95% faster, free of charge, giving their cash flow a boost. Novo is suitable for growing teams and the self-employed alike, with powerful business banking tools that help customers get their finances in order.
In summary, Novo offers a simple and powerful business banking platform for small business owners. It provides all-in-one money management solutions, flexible invoicing options, and exclusive partner perks to help customers save thousands. Novo is free from hidden fees, monthly fees, or a required minimum balance, and deposits are insured for up to $250,000 through its partner bank, Middlesex Federal Savings. Novo is suitable for growing teams and the self-employed alike, with powerful business banking tools that help customers get their finances in order.
1. Choose Novo's Free Checking Account: Novo offers a free checking account with no hidden fees, monthly fees, or required minimum balance. By choosing this account, customers can save money on banking fees and avoid unnecessary charges.
2. Utilize Novo Boost: Novo Boost is a feature that allows customers to get their Stripe payments 95% faster, free of charge. By accessing revenue faster, customers can reinvest in their business and potentially save money on interest or other expenses.
3. Take Advantage of Partner Perks: Novo offers exclusive partner perks that can save customers thousands of dollars on popular digital tools, including Quickbooks, Gusto, and Hubspot. By utilizing these perks, customers can save money on essential business software.
4. Use Novo Reserves: Novo Reserves is a feature that allows customers to allocate funds into different reserves automatically, making budgeting and balancing easier than ever. By effectively managing their finances, customers can potentially save money on interest or other fees.
5. Send International Payments with Wise: Novo allows customers to send international payments using Wise, which offers competitive exchange rates and low fees. By using Wise, customers can potentially save money on international transaction fees and currency exchange rates.
6. Connect with Integrations: Novo connects with over a dozen apps, including Stripe and Shopify, allowing customers to take action and get insights from their Novo account. By utilizing these integrations, customers can potentially save time and money on managing their business.
7. Monitor Purchases with Instant Card Controls: Novo offers instant card controls that allow customers to monitor all their purchases in one place and freeze or unfreeze their card in a few taps. By monitoring their purchases, customers can potentially save money on fraudulent charges or unauthorized transactions.
8. Register as an LLC, Corporation, Non-Profit, or DBA with Novo: Novo allows customers to register their business as an LLC, corporation, non-profit, or DBA in a matter of clicks. By registering their business, customers can potentially save money on legal fees and streamline their business operations.
9. Access Novo's Resource Library: Novo offers a resource library that provides valuable information and insights on managing a small business. By accessing this library, customers can potentially save money on consulting fees or other professional services.
10. Apply for Novo's Business Credit Card: Novo offers a business credit card with no annual fee and cashback rewards on all purchases. By using this card, customers can potentially save money on business expenses and earn rewards for their spending.
Novo FAQs
What is Novo?
Novo is an online business banking platform built specifically for small business owners. It offers a free checking account and various financial solutions to help businesses grow.
How can I apply for a Novo checking account?
You can apply for a Novo checking account online in just 10 minutes. Simply visit the Novo website and follow the application process.
What services does Novo offer?
Novo offers a range of services including business checking, funding solutions, invoicing, integrations with other tools, and partner perks for exclusive savings on business software.
Can I create and send invoices with Novo?
Yes, Novo allows you to create and send unlimited, customizable invoices for free. It's a convenient feature to streamline your invoicing process.
Can I integrate Novo with other payment platforms?
Yes, Novo integrates with over a dozen apps including Stripe and Shopify. This allows you to connect your Novo account with the services you already use and get insights from one central platform.
Are there any hidden fees with Novo?
No, Novo is transparent and free from hidden fees. There are no monthly fees or required minimum balance for your business checking account.
Is my money safe with Novo?
Yes, your deposits with Novo are insured for up to $250,000 through their partner bank, Middlesex Federal Savings. Novo also ensures powerful security with bank-grade encryption to keep your information safe.
Can I control my Novo debit card?
Yes, Novo provides instant card controls. You can monitor all your purchases in one place and easily freeze or unfreeze your card with just a few taps.
Who can benefit from Novo?
Novo is designed for both growing teams and self-employed individuals. Whether you're just starting out or have an established business, Novo can help you manage your finances effectively.
How can I contact Novo for support?
Novo provides a Help Center on their website where you can find answers to common questions. If you need further assistance, you can reach out to their support team through the contact information provided on the website.
Can I access my Novo account on mobile devices?
Yes, Novo offers mobile apps for both iOS and Android devices. You can download the app from the respective app stores and access your Novo account on the go.
Does Novo offer business financing?
Yes, Novo offers funding solutions to help businesses with their financing needs. You can explore their options and find the right financing solution for your business on the Novo website.
How We Find the Best Novo Coupons
Coupon Lawn was created to assist consumers in saving money while doing online shopping. Every month, we assist millions of shoppers in finding the best deals online by providing them with the most up-to-date coupons, promo codes, and discounts available from their preferred retailers.
Our team has spent numerous hours researching and organizing this information to bring you the best Novo coupons and sales. As a result, thousands of new codes are released daily. To help you save money at Novo, even when you can't find a working coupon, we actively search for the best coupons, non-coupon deals, and other ways to save.
Every day, we scour the web and publish coupons for hundreds of new retailers, so you can always find discounts on the latest and greatest products.
How We Ensure the Quality of Our Novo Promo Codes
We understand how annoying it is when promo codes are invalid. As consumers, however, we know how important it is to share the most up-to-date promo codes available. Therefore, to guarantee that you have access to the most up-to-date and useful Novo promo codes and deals, we do the following:
We will bring the coupon to you as fast as we can
We discover and publish coupon codes rapidly; we find thousands of new codes every day and make them available to you right away. Due to the short lifespan of some discounts and sales, we make every effort to get them posted as soon as possible.
We validate each coupon with a community of passionate shoppers
When you use a coupon code from Coupon Lawn, we'll always check in with you to see if it was successful. With your help, we can spread the word about the best currently-active coupons so that other shoppers can save time and money.
We work with brands to help you save even more via exclusive deals.
Finding the best coupon in the least amount of time is a challenge that Coupon Lawn is aware of. Thus, we work with hundreds of brands and have a massive database of online retailers to cover every conceivable category, ensuring that our users always find the best exclusive deals in the market.
How To Use Your Novo Coupon Code
Find the Novo coupon you want to use on this page and copy them. The code will be copied to your phone or computer's clipboard, ready to be used.
To begin the checkout process on Novo website, select Checkout or View cart. Then, locate the Promotion code box and paste your code when checking out.
To apply the promo code to your purchase, click the Apply button and save money on your purchase.
Why Your Coupon Code May Not Work
Here are some of the most frequent explanations for why a discount code is invalid:
It has expired
Every Novo promo code eventually ends up being invalid, and ours are no exception.
You can only use one at a time
There may be multiple coupons for the same store, but you can only use one once.
Specific requirements need to be met
It's important to note that there are other limitations; for example, a coupon might only be redeemable for a single product, need a minimum purchase quantity, or be limited to use in a specific country.
Item is already on sale
Sometimes, sales and discounts are offered without the need for coupons. In addition, most stores will post information about bargains and promotions on their websites and social media pages, so watch out for those details.
Subscribe to their social media channels for exclusive contests, information and savings.
About Author
Carolyn Harris
Personal Finance Enthusiast/Writer
Carolyn is a mom of 3, and a personal finance enthusiast. She knows her way on how to save money, make money, and to handle different types of financial situations. As a side hustle in college, she started 3 profitable businesses and majored in Financial Planning. On her free time, she loves to travel and spend time with her family.
