Powerfully simple business banking

Get a business edge with an award-winning, free business checking account from Novo. Trusted by over 175,000 small businesses.

What you get

Free business checking account in the palm of your hand

Easy Transfers
Easy Transfers

Free ACHs, mailed checks, and incoming wires

Apply in Minutes
Apply In Minutes

Submit your application in under 10 minutes

No Hidden Fees
No Hidden Fees

Don't be surprised by a fees – see for yourself

FDIC Insurance
FDIC Insurance

Insured through Middlesex Federal Savings

Online Banking
Online Banking

Banking at your fingertips anywhere, anytime


Powerful banking that gives your business an edge

Thousands of business owners helped us build the best banking experience in the United States.

Powerful Banking
Novo Logo
  1. No hidden fees
  2. No monthly fees or minimum balance requirements
  3. Simple, easy-to-use mobile apps
  4. Apply in under 10 minutes
  5. Human-powered customer service
  6. Free transfers, mailed checks, and incoming wires
  7. Integrates with other small business tools
  8. Refunds all ATM fees
  9. Thousands of dollars in exclusive perks
  10. A virtual card for immediate and secure spending
  11. Backed with FDIC insurance through Middlesex Federal Savings, F.A.
Traditional Business Bank Accounts
  1. Hide monthly or usage fees in the fine print
  2. Charge up to $20 per month in fees
  3. Difficult and clunky mobile apps
  4. Can take weeks to open an account
  5. Chatbots and automated phone support
  6. Charge $3 per transfer and up to $25 for incoming wires
  7. Upsell you on only their own, out-of-date products
  8. Charge you $3 to use out-of-network ATMs
  9. Charge you to use their products
  10. Only offer physical debit cards
  11. Backed with FDIC insurance
Small Business Owners
actual novo users


Small business owners, entrepreneurs, and freelancers

We currently support U.S. based businesses, whether you're a U.S citizen or an international founder.

novo boost

Move money faster, and give your cash flow a boost

Get paid faster at no cost with Novo Boost. Access your revenue in hours instead of days so you can quickly reinvest for growth and pay yourself, your team, and your vendors.

Novo Boost is currently only available for payments processed via Stripe.



Hear it from our customers

A small business owner’s dream
Matthew O.
Trustpilot Review

As a small business owner there can be so many hurdles. But Novo has really helped to alleviate many concerns and worries I had. The experience has been seamless and I’m looking forward to being a client for a long time.

Love Novo!!!
Jennifer B.
Trustpilot Review

Novo has an easy to use app. You can do everything from your phone. It is easy to transfer funds in and out of the account. The app integrates with Quickbooks and many other business management tools. They also let you create reserves of money within the account for taxes, travel expenses, or anything else you need to save for. I highly recommend Novo!!!

Easy to use approach
App Store Review

My experience has been very positive so far. Transactions have been easy and the performance of the software has been spot on! Thank you for the great customer service.


Unlock your finances with Novo Apps

Comprehensive workflow solutions for your business. From money management to payroll to taxes, Novo has something for everyone.


Your data and money are safe and secure

FDIC Insurance
FDIC Insurance

Your deposits are insured up to $250,000 through our partner bank, Middlesex Federal Savings, Member FDIC.

EVM Chip
EMV Chip

Your Novo debit card is protected by Mastercard EMV technology, making it virtually impossible to counterfeit.

Bulletproof Security
Bulletproof Security

Our dedicated security teams and bank-grade encryption ensures that your information remains safe 24/7.

The Novo Virtual Card
The Novo Virtual Card

Your virtual card is more secure than ever with digital safety measures and the ability to freeze or unfreeze the card instantly.


Resources built for you

Insights to help your business grow.

Novo is a financial technology company, not a bank. Banking services are provided by Middlesex Federal Savings, F.A.; Member FDIC.