OverviewSuggest Edit
Novo is a provider of an online business banking platform, which gives customers access to a free business checking account with debit card access, all managed through the mobile app. The Company gives entrepreneurs real-time insights and notifications on the financial health of their small businesses.
| Type | Private | |
| Founded | 2016 | |
| HQ | New York, NY, US | Map |
| Website | banknovo.com |
Recent NewsAll News
- Novo Announces Appointment of Michael Spreadborough to Board of Directors
- Helius Medical Technologies, Inc. Submits Response to U.S. FDA in Pursuit of De Novo Classification and Clearance of the PoNS™ Device for the Treatment of Gait Deficit Due to Symptoms of Multiple Sclerosis
- Novo Holdings participates in BioGeneration Ventures IV Fund
- Novo Seeds Portfolio Company CorWave Raises EUR 35 Million for Breakthrough Heart Pump
Latest Updates
| Employees (est.) (Jan 2021) | 51 | (+5%) |
| Cybersecurity rating | A | More |
Novo Financials and Metrics
Summary Metrics
Founding Date | 2016 |
Novo total Funding | $5.8 m |
Novo latest funding size | $4.80 m |
Time since last funding | 2 years ago |
Novo investors | Techstars, Crosslink Capital, RRE Ventures, Silicon Badia, Right Side Capital Management, Red Sea Ventures, Hack VC, Rainfall Ventures, Friends and Family Round, Stanford Law School |
Novo's latest funding round in March 2019 was reported to be $4.8 m. In total, Novo has raised $5.8 m
Novo Cybersecurity Score
Novo Online and Social Media Presence
1.07k Twitter followers
Novo has 1.07k Twitter Followers. The number of followers has increased 12.9% month over month and increased 14% quarter over quarter
Novo's Trends
Twitter Engagement Stats for @banknovo
1.1k
Tweets
805
Following
1.1k
Followers
163
Tweets last 30 days
0.9
Avg. likes per Tweet
49.7%
Tweets with engagement
Novo News and Updates
January 13, 2021
Novo Announces Appointment of Michael Spreadborough to Board of Directors
VANCOUVER, British Columbia, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that Mr. Michael Spreadborough has accepted an invitation to join its board of directors.
January 11, 2021
Helius Medical Technologies, Inc. Submits Response to U.S. FDA in Pursuit of De Novo Classification and Clearance of the PoNS™ Device for the Treatment of Gait Deficit Due to Symptoms of Multiple Sclerosis
Submits formal response to the U.S. Food and Drug Administration’s request for additional information Submits formal response to the U.S. Food and Drug Administration’s request for additional information
January 07, 2021
Novo Holdings participates in BioGeneration Ventures IV Fund
COPENHAGEN, Denmark, Jan. 7, 2021 /PRNewswire/ -- Novo Ventures, the ventures arm of Novo Holdings, today announces its participation in the BioGeneration Ventures (BGV) oversubscribed fourth fund, 'BGV IV', which has closed at EUR 140M ($170 million). As one of the most active biotech...
January 06, 2021
Novo Seeds Portfolio Company CorWave Raises EUR 35 Million for Breakthrough Heart Pump
COPENHAGEN, Denmark, Jan. 6, 2021 /PRNewswire/ -- Novo Seeds, the early stage investment and company creation team of Novo Holdings, announced today that its portfolio company CorWave, a medtech company developing an implantable heart pump based on a breakthrough technology, has raised...
January 03, 2021
Burj Khalifa e Downtown Dubai recebem 2021 com um show de Ano Novo espetacular
DUBAI, Emirados Árabes Unidos, 3 de janeiro de 2021 /PRNewswire/ -- A Emaar, o principal desenvolvedor imobiliário do Burj Khalifa, celebrou o Réveillon com um show espetacular de fogos de artifício, animação, laser e luzes para receber 2021. O deslumbrante espetáculo celebrou o tema...
December 30, 2020
Novo Receives Final Approval to Graduate to Toronto Stock Exchange and Changes Fiscal Year End
VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO & NVO.WT; OTCQX: NSRPF) is pleased to announce that it has received final approval from Toronto Stock Exchange (“TSX”) to graduate from the TSX Venture Exchange (the “TSXV”…
Novo Blogs
January 15, 2021
Best Alternative to Azlo for Small Business Banking
You might have heard. Azlo, a leader in small business banking announced last week that they will be closing down operations in the upcoming months. Unfortunately, Azlo has not given clear direction on when exactly they will cease operations completely. With all of this going on, we want to make you…
January 10, 2021
Stepping Up To Support Small Businesses
The news of Azlo closing down has been hard for all of us. At Novo, we are stepping up to support small businesses. We are here to help as the best alternative to Azlo for small businesses. Novo and Azlo go ‘way back’ (by FinTech industry standards anyway) to a time before either of us …
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January 10, 2021
Introducing: The Novo-Azlo Referral Program
On Thursday, January 7th, 2021, Azlo, announced that they are closing their doors and closing their accounts. This is devastating news for so many small businesses, and Novo is here to help. The large bank, BBVA, that owns Azlo decided that they no longer want to support the tens of thousands of bus…
December 14, 2020
Why Your Small Business Should Skip the Big Bank
Banking might not be the most fun part of running a business, but it is one of the most important. That’s why it can be so frustrating when your bank falls short — when you call and can’t get a real person on the phone or when transferring money is a hassle (and involves a …
Continue reading "Why Y…
December 14, 2020
What’s New at Novo: End of the Year Recap
Although 2020 has been a heck of a year, Novo has come a long way from the start of the year to now. We hope that the updates and changes that took place have bettered your business banking making it easier to focus on what’s most important, your business. In case you missed it, here’s …
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December 02, 2020
Connect Shopify to Novo for Clear and Detailed Money Management
We’ve partnered with Shopify to help you manage all of your money in one seamless view! Get ready to understand your funds better than ever without having to leave the Novo app. Why Shopify? With 218 million buyers last year and over $100 billion in sales, Shopify’s insights tell us that it is the t…
Novo Frequently Asked Questions
When was Novo founded?
Novo was founded in 2016.
How many employees does Novo have?
Novo has 51 employees.
Who are Novo competitors?
Competitors of Novo include Promise, Roomeo and Rapyd.
Where is Novo headquarters?
Novo headquarters is located at 43 W 23rd St, New York.
Where are Novo offices?
Novo has an office in New York.
How many offices does Novo have?
Novo has 1 office.
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