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description Novo Overview

Novo is a digital banking platform specifically designed for small businesses and freelancers. It offers a high-yield checking account with no monthly fees, making it an ideal choice for entrepreneurs who need to manage business expenses while earning interest on their balance. Novo provides tools like automated bookkeeping and easy expense tracking, providing a streamlined experience that caters to the unique needs of self-employed individuals and small company owners.

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What is Novo?

Novo is a digital banking platform specifically designed for small businesses and freelancers. It offers a high-yield checking account with no monthly fees, making it an ideal choice for entrepreneurs who need to manage business expenses while earning interest on their balance. Novo provides tools like automated bookkeeping and easy expense tracking, providing a streamlined experience that caters to the unique needs of self-employed individuals and small company owners.

How good is Novo?
Novo scores 7.68/10 (Very Good) on Lunoo, making it a well-rated option in the Online Banking category.
What are the best alternatives to Novo?
See our alternatives page for Novo for a ranked list with scores. Top alternatives include: Current, Synchrony Bank, Revolut Business.
How does Novo compare to Current?
See our detailed comparison of Novo vs Current with scores, features, and an AI-powered verdict.
Is Novo worth it in 2026?
With a score of 7.68/10, Novo is a solid option in Online Banking. See all Online Banking ranked.

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