Novo

About Novo

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.

Pricing

Free Trial Not Available
Offers Custom plan.
View Detailed Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

60%
Reviews

60%
Momentum

60%
Popularity

71%

Platforms Supported

Mobile App (iOS)

Organization Types Supported

All (Small, Medium, Large)

API Support

Available

Modes of Support

Business Hours, Online

Novo Features

Show Feature Explanation

Online Payments

Accept payments online directly through your account

Payment Processing

Helps to manage automated transactions across various online channels

Direct Deposit

Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form

Online Banking Integration

Facilitates doing banking transactions digitally

Novo Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based )

Pricing Plans

Novo Custom Plan Custom

Features

Money Transfer
Instant Deposit Checks
Payment Management
Business Toolbox

Contact the Vendor for Detailed Pricing Information

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 19/04/2019 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Novo Pricing

Novo Alternatives

View All Novo Alternatives

Novo Reviews

User Rating

4.2/5 (Based on 3,854 Ratings)

Rating Distribution

Excellent
75.5%
Very Good
4%
Average
1.9%
Poor
2.7%
Terrible
15.9%

User Sentiments

Easy Account Setup, User-Friendly Interface, Extensive Integrations, Responsive Customer Support

Mobile Check Deposit Issues, Slow Transaction Processing Times, Lack of Live Customer Support, Account Closures Without Explanation

Do You Use Novo?

Write a Review

Review Summary

Overall, BankNovo is a well-regarded neobank, garnering praise for its user-friendly platform, personalized customer service, and innovative financial tools. However, recurring concerns about technical glitches, occasional customer support delays, and limited banking features mar an otherwise positive experience. Users highlight the ease of setting up accounts, appreciating the transparency and guidance provided during the process. Many commend the responsiveness and helpfulness of the customer support team, citing quick resolutions to queries. However, some users express frustration with occasional glitches in the mobile app and website, as well as delays in receiving responses from customer support.

Pros

Quick and easy application process, with minimal documentation required.
Competitive interest rates, making it a costeffective option for borrowing.
Provides clear and transparent information about loan terms, fees, and conditions.

Cons

Limited availability, as BankNovo is only available to residents of certain states.
Lack of physical branches, which may be inconvenient for some customers.
Loan approval can take several days, which may not be suitable for urgent financial needs.

Novo Reviews

AI-Generated from the text of User Reviews

Did you find this information valuable?

YES NO

Novo FAQs

What is Novo used for?

Novo offers the following functionalities:

Online Payments
Payment Processing
Direct Deposit
Online Banking Integration

Learn more about Novo features.

Does Novo provide API?

Yes, Novo provides API.

Novo Contact

Vendor Details

New York, United States

Contact Details

844.260.6800

https://banknovo.com/

Social Media Handles

Twitter 129

Facebook 15

Disclaimer

This research is curated from diverse authoritative sources; feel free to share your feedback at [email protected]

About Novo

Novo Features

Novo Alternatives

Novo Reviews

User Rating

Rating Distribution

User Sentiments

Do You Use Novo?

Review Summary

Pros

Cons

Novo FAQs

Novo Contact

Disclaimer

We understand SaaS better

SaaSworthy helps stakeholders choose the right SaaS platform based on detailed product information, unbiased reviews, SW score and recommendations from the active community.

Buyers

Makers