Novo
Novo is a fee-free US business banking platform designed for startups and e-commerce sellers. It offers no monthly fees
👤 Best for: US-based small-business owners, freelancers, and e-commerce operators who want a
💬 Verdict
Novo is an excellent choice for digital-first US businesses—freelancers, e-commerce sellers, and startups—that value int
🔍 Independently researched ·
📊 Data-driven comparisons
🆓 Free Tier
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Novo
Free plan available — no credit card required
📊 Pros & Cons
Pros
- 👍 No monthly maintenance fees, no minimum balance requirements
- 👍 Direct integrations with Stripe, Square, Shopify, PayPal, Qu
Cons
- 👎 No cash deposits—you can't deposit cash at ATMs or branches,
- 👎 US-only—you must have a US business and meet eligibility, so
