Novo

78 SW 7th St, 33130, Miami, United States
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4.50
Based on 20 Reviews

5

70.00%

4

20.00%

3

5.00%

2

0.00%

1

5.00%
About Novo

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.

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Andrew Drwenski
GB

Really easy to set up Really easy to set up. Works as intended most of the time with no disruption to business related activities. One minor issue I've had over the year using Novo is understanding how deposited checks using the mobile app reflect in analytics. Between the pending time and cleared time, the amount deposited gets moved to the reserves. This only impacts my ability to know which month the amount is credited if deposited near the end of a month.

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eMergente
PR

Excellent for Startups! Novo is a excellent service for small and Startups. The onboarding process is simple and faster than a local bank. The app is full of financial services and features that will help you manage your finance with easy, and the $0 fees aren't comparable with any local bank or financial institution. Highly recommended!!

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Vernon
GB

🚫⚠️ Important Announcement 🚫⚠️ Important Announcement: Do Not Use NOVO ⚠️🚫 Attention all!!!! I'm sharing this urgent message to warn you about our recent appalling experience with NOVO. Please, heed this warning and avoid this bank at all costs! We had over $75,000 in our account with them, and without any prior notice or valid explanation, they abruptly closed our account. 🤯 But that's not even the worst part! Despite their claims of sending us a check for the remaining balance, we NEVER received it. 📉💸 What's more frustrating is their complete lack of accountability and customer service. There are NO live representatives to speak with, and they refuse to provide us with a tracking number or any means to resend the check. 😤 We've been left in the dark, scrambling to recover our hard-earned money. This is utterly unacceptable! Now, we're forced to take legal action and hire an attorney to resolve this nightmare. 🚨👨‍⚖️ Please, learn from our unfortunate experience and avoid NOVO like the plague. Spread the word and protect yourselves from falling victim to their negligence and incompetence. Let's hold them accountable for their unacceptable actions!

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Nicholas
GB

Great Online Business Bank! My favorite for online business banking so far. The only knock I have against them is low limits, as we expect to make a high volume of payments in the future to our 1099 contractors.

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Jean-Michel Decombe
GB

Great bank for businesses It was easy to set up, with no hassle like some other banks. Making name, EIN, and other changes later was easy as well and the support team was courteous and efficient. I highly recommend Novo online bank for your company banking.

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