HomeNovo - Small Business Checking
Novo - Small Business Checking

Novo - Small Business Checking

Everyone
Rating
Unknown
Version
100k+
Installs
4.60
2.0k + Reviews
1
5%
2
0%
3
2%
4
7%
5
85%

Review By AppsWm

Novo - Small Business CheckingNovo - Small Business CheckingNovo - Small Business CheckingNovo - Small Business Checking

Connectivity Features

The application leverages standard API integrations for connectivity with other financial services. This allows for data synchronization and streamlined workflows. Users can connect their accounts from other institutions, facilitating a holistic view of their finances.

Integration Capabilities

The application offers integration with popular accounting software, such as QuickBooks and Xero, simplifying bookkeeping and tax preparation for small business owners. Furthermore, integrations with payment processors like Stripe enable seamless transaction management and reconciliation. The depth of integration varies depending on the specific service, but generally includes transaction data and balance updates.

  • Automated data transfer
  • Reduced manual data entry
  • Improved accuracy
  • Potential integration complexities
  • Dependency on third-party service uptime
  • Data security considerations

Ecosystem Benefits

By integrating with a broader financial ecosystem, the application provides users with a centralized platform for managing their business finances. This reduces the need to switch between multiple applications, saving time and improving efficiency. The enhanced visibility into financial data empowers users to make more informed decisions.

Cross-Platform Support

While primarily a mobile application, web-based access ensures cross-platform support. This allows users to manage their accounts and access features from any device with an internet connection. Data synchronization between mobile and web platforms ensures a consistent experience.

Feature Mobile App Web Access
Account Management Supported Supported
Transaction History Supported Supported
Reporting Limited Full Support

Synergy Potential

The true potential lies in the synergistic benefits derived from combining the features of the application with other financial tools. For example, integrating with invoicing software streamlines the billing process, while connecting with payroll services simplifies employee compensation. This interconnectedness creates a powerful ecosystem that supports all aspects of small business finance.

Overall Integration Value

The application offers valuable integration capabilities that can significantly improve the efficiency and accuracy of small business financial management. While some complexities may arise from integrating with third-party services, the benefits of a centralized platform outweigh the potential drawbacks.

Description

Novo is a fintech company that offers modern banking services to small businesses. Unlike traditional banks, Novo allows businesses to apply for an account online in minutes, saving them time and hassle. Novo provides free banking tools within the Novo app, including the ability to link existing accounts, control debit cards, pay bills, process ACH transfers, deposit checks, categorize transactions, and separate funds for savings in Reserves. Novo also offers a Novo Mastercard Business Debit Card and a Novo Virtual Card for online payments, worldwide use, and fee-free ATM access. Novo is not a bank, but banking services are provided by Middlesex Federal Savings, F.A.; Member FDIC. Novo supports almost any business operating in the U.S., as long as the owner has a social security number. With Novo, businesses can send unlimited payments and paper checks for free, making it an affordable option for small businesses. Overall, Novo is a great option for small businesses looking for a modern banking experience. With its easy online application process, free banking tools, and fee-free ATM access, Novo is a convenient and affordable choice for businesses of all types.

Summary Of User Reviews

Eric Swanson
Eric Swanson
September 16, 2025
There's no customer service or support number to call and get issues resolved. That alone is worth a 1 star review. The website and app look great. Users are offered numerous financial management tips, insights, and suggestions. Those are useful if you want help, but they're annoying if you don't. Transfers take a long time. Novo may be useful to someone who is just getting started, but it's more likely to cause frustration due to lack of support and transfers/deposits taking a long time.
Jeff Urcheck
Jeff Urcheck
November 17, 2025
Good feature set and integrations with external card processing. Pretty intuitive and the automated reserves system for allocating money is great. Main issue is that whenever I try to classify an expense with a category, the app crashes. The classification saves, but then it becomes a pattern of "classify one transaction, app crashes, repeat". If this gets fixed the app will be much better.
Ramon Aragon
Ramon Aragon
March 24, 2022
The app itself works fine. Pretty straight forward. The banking services however are the worst. Check deposits take forever to clear regardless of the amount or account standing. They claim it's 3 business days, it's more like 5 business days (so be ready for at least a 7 day wait). They have absolutely NO customer support- you have a question? 1-2 business day wait for any replies. I would steer clear of them if you need anything more than a deposit account without easy/fast access to funds.