Review (August 2025)

Novo is a powerfully simple business banking platform with no hidden fees built for small business owners. simplify your business finances with novo.

9.5M

Estimated Revenue

742.66k

Website Visitors

4/5

Trustpilot Score

What do we know about Novo?

Estimated Revenue (2020)

$9.5M

Total Funding

$5.8M

Total Employees

61

Founded

2016

Industry

Financial Services

Last Funding Date

Seed Mar 2019

Location

New York, United States

About

Novo: Novo is a powerfully simple business banking platform with no hidden fees built for small business owners. Simplify your business finances with Novo.

Social Links

Alexa Ranking: 9905

What is Novo's Revenue?

Novo's estimated revenue for 2024 is $9.5M.

What does Novo do?

Novo is a banking platform that provides better business deposit accounts to today's companies and is powered by a network of FDIC-insured community banks. Novo is bringing small business banking into the modern age with easy-to-use tools for founders on the go.

What are the monthly traffic metrics for Banknovo?

6/mo Traffic Growth

282.60%

All Time Traffic Growth

Create Free Account

Monthly Hits

743k

Time on Site

2.7Mins

Bounce Rate

34%

How fast is Banknovo growing?

Banknovo has grown by 8.3% in the last 6 months according to SimilarWeb.

How do people interact with Banknovo?

Last month, Banknovo received 743k visitors who spent an average of 2.7 minutes on the website and visited 3.0 different pages per session. Overall, 34% of people bounce on the first visit.

How do people find Banknovo?

533.8k people (72%) visit Banknovo directly. 181.7k (24%) people search for them in Google. Whereas, 8k (1%) discover Banknovo through Facebook, Reddit, and YouTube. 12.4k (2%) visitors come from Banknovo's email newsletters. Finally, 5.6 (0.0%) people come from affiliates and or paid referrals.

Who uses Banknovo?

Banknovo's top market is the United States and they receive 695.4k (93.6%) people.
Then the 2nd is Bahamas with 4.3k (0.6%).
The 3rd is is Mexico with 3.9k (0.5%).

Traffic Growth (last 6 months)

All Traffic Source

Country Share

Traffic Growth (last 12 months)

See 12/mo Traffic Stats

What are Banknovo's ads on Google?

Google Ads

#1 Small Business Bank Account - Apply In Under 10 Minutes

https://banknovo.com/

Bank w/ Novo for Free Transfers, Mailed Checks, Customer-First Support, & Easy-to-Use App. Built for Small Business Owners, Entrepreneurs & Freelancers. Apply for a Free Account! Built by entrepreneurs. Free Bank Transfers. No Transaction Limits.

Free Business Bank Account

https://banknovo.com/

No Minimum Balance & No Hassle. Powerful Business Banking Loaded with Features to

Free Small Business Checking - Apply Online in 10 Minutes

https://www.banknovo.com/

Powerful Business Banking Built for Small Business Owners, Entrepreneurs, and Freelancers. Instantly Deposit Checks, Send Invoices, Budget with Reserves, Transfer...

Novo | Simple Business Banking - Free Business Bank Account

https://banknovo.com/

Bank w/ Novo for Free Transfers, Mailed Checks, Customer-First Support, & Easy-to-Use App.

Novo | #1 Business Checking - Free Small Business Banking

https://www.banknovo.com/

FDIC-Insured Business Bank Accounts, Apply In Minutes, Free Small Business Banking. Best Business Checking Account, Trusted by Thousands of Business Owners. Apply Now!

What do Banknovo's customers say about them?

Review Score

4/5

Total Reviews

304

Info

Novo
5 Star
85.0%
4 Star
5.0%
3 Star
5.0%
2 Star
0.0%
1 Star
5.0%
Read reviews that mention
Aaron Sikes

Should’ve moved straight to NOVO

Reviewed on 2021-05-20T02:22:34

I had been a happy AZLO customer for a couple years and I was blindsided to hear they were shutting down.I just started my own electrical contracting business and things were picking up. Frantically I scoured the web for something comparable to the function and level of customer service AZLO had provided. I ping ponged between a couple other banks and finally found NOVO. I moved my finances around again and have been very happy so far. I know it’s a young bank, but if they can grow in positive direction, they’ll surely earn those shiny five starts I just ticked off. Here’s to us.
read more
Gaja Andzel

simple, effective and free

Reviewed on 2021-05-19T22:16:00

Novo is simple to use, fast, great app. Perks you can get after joining up are really impressive.I recommend NOVO to all small business owners.
read more
Sarah Mulcahy

Contacted a real person

Reviewed on 2021-05-19T20:37:34

Web we had an issue with a check we deposited, we were able to easily contact a real person who fixedthe problem right away.
read more
Irene Kimmel

Great Customer Service and Happy Business Banking

Reviewed on 2021-05-19T20:18:58

I had to quickly find a replacement for Azlo Bank when they closed and the treatment,customer support and whole process was easy and comfortable. I am excited to grow with them and see the new integrations coming down the road.
read more
Michelle Louise Brown

So Far, So Good

Reviewed on 2021-05-19T20:12:40

So far this bank has been pretty outstanding.I’ve been a member now for about 2 months. The App is fun to use,really well done, and I’ve not had problems to warrant customer service to be able to judge quality, but I’m sure they’d be spot on. I miss some features of my previous bank like the envelopes and instant transfers but overall I’d totally recommend for a small business.
read more
Sadiki Dhatnubia

Thank you for being an alternative…

Reviewed on 2021-05-19T19:10:00

Thank you for being an alternative after Azlo! Please step it up with the turn around time for deposits.With Azlo, my money posted within a days time. With you guys, My Pay Pal deposit took several days to post.
read more
George Usi

Had Azlo and now I have Novo

Reviewed on 2021-05-19T18:48:34

Had Azlo and now I have Novo. My life got easier.
Yinka Adegbenle

I like Novo!

Reviewed on 2021-05-19T18:48:23

I like Novo. Easy to use and easy to switch too. They seem to really care about their customers too.So far so good I’m a pleased customer.
read more

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