Novo
novo.coBuild Difficulty: 4/5
A few focused days to build a solid replacement
Smarter banking for marketing advisors web developers brand designers property managers photographers online retailers
How to Replace NovoOverview
Features
23 features across 11 categories
Analytics & Reporting(1)
Real-time financial visibility and profit tracking
Banking(3)
Get reimbursed up to $7/month for ATM fees
Online business checking account with no monthly fees, no minimum balance, and no overdraft fees
Access funds globally anytime on desktop or mobile
Bookkeeping(1)
Say goodbye to spreadsheets with AI-powered bookkeeping to track finances efficiently
Budgeting(2)
Allocate money and manage finances with budgeting tools
Automatically contribute to savings goals with automated budgeting
Cards(2)
Business credit card designed to earn rewards as you grow
Secure virtual and physical business debit cards for tracking finances and spending safely online and abroad
Discounts & Rewards(2)
Earn and redeem cashback directly into Novo account
Discounts on popular business tools like Slack and Dropbox
Integration(1)
Integration with third-party tools and services to consolidate business operations
Invoicing(3)
Automated reminders to ensure invoices are paid on time
Customize invoices with company branding and logo
Invoice smarter with customizable invoices and automated reminders to get paid faster
Lending(2)
Fast and flexible cash access when needed for business growth
Get capital needed to scale your business
Payments(3)
Send domestic wires immediately and securely (available in beta)
Free ACH transfers with low-cost express availability options
Accept incoming wire transfers for free
Security(3)
Industry-leading encryption to keep data safe
Deposits insured for up to $250,000 through partner bank Middlesex Federal Savings
Track purchases and freeze card with just a few taps for fraud monitoring
Pricing
Free Checking Account
Popular- ✓No monthly fees
- ✓No minimum balance
- ✓No overdraft fees
- ✓100% online
- ✓Free ACH transfers
- ✓Free incoming wires
- ✓Virtual and physical debit cards
- ✓Real-time fraud alerts
- ✓Bank-level encryption
- ✓FDIC insurance up to $250,000
- ✓Free invoicing tools
- ✓Budgeting tools
- ✓Partner discounts
- ✓AI-powered bookkeeping
Cost Calculator
Pricing data not available for Novo. Check their website for current pricing.
Build vs Buy
Should you build a Novo alternative or buy the subscription? Estimate based on 23 features.
Buy Novo
Better ValueBuild Your Own
Buying Novo saves ~$36,960 over 3 years vs building.
Estimates based on 23 features and a BuildScore of 4/5. Actual costs vary.
Integrations
2 known integrations