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.

TypePrivate
Founded2016
HQNew York, NY, US
Websitebanknovo.com

Latest Updates

Employees (est.) (Jan 2021)51(+5%)
Cybersecurity ratingAMore

Novo Office Locations

Novo has an office in New York
New York, NY, US (HQ)
43 W 23rd St
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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

Novo's latest funding round in March 2019 was reported to be $4.8 m. In total, Novo has raised $5.8 m
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Novo Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Novo Online and Social Media Presence

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Novo News and Updates

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.

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

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...

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...

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...

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”…
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Novo Blogs

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…

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 … Continue r…

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…

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…

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 … Continue r…

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…
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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.