Novo

Novo is a digital banking solution designed for small and medium-sized businesses, offering a streamlined approach to managing financial operations. It provides an intuitive platform for businesses to handle their checking accounts efficiently, with features such as unlimited transactions and no fees for ATM usage. Novo integrates seamlessly with popular business tools like Shopify, QuickBooks, and Square, making it easy to manage invoices and payments.

Key features of Novo include its user-friendly interface, which allows businesses to create, send, and manage invoices directly from their mobile devices or computers. The app supports multiple payment options, including ACH, Apple Pay, Google Pay, Stripe, Square, PayPal, and Venmo, enhancing customer experience and improving cash flow. Novo also offers editable recurring invoices, ideal for subscription services.

Novo's digital banking solution is FDIC-insured up to $250,000, ensuring the security of business funds. While it does not offer interest-bearing accounts, Novo's focus on cost-effectiveness and ease of use makes it a practical choice for businesses seeking a hassle-free banking experience. The application process is quick, typically taking under ten minutes, and approval often occurs within the same day. Overall, Novo provides a reliable and efficient digital banking solution for businesses looking to simplify their financial management.