Easy-to-use business bank account for startups
Novo provides a banking platform for small businesses. Since launching in 2018, more than 100,000 small businesses have opened an account. In 2021, Novo surpassed $1 billion in lifetime transactions, announced a number of new features, opened a new office in Miami, and grew its leadership team.
With the debut of QuickBooks Money, Intuit has entered the realm of digital banking.
Novo, the "powerfully" simple financial platform for small businesses, announced the launch of Novo Funding, offering SMBs working capital.
Novo, a provider of digital-only banking services for US small businesses, has secured a $125 million facility for the launch of a working capital product.