Q: What are Novo's top competitors?

Ally , Stripe Payments , and Chime Online Banking are common alternatives for Novo.

Question 1

What is Novo?

Accepted Answer

Novo, from Novo Platform in New York, is a banking platform that provides business deposit accounts to companies and is supported by a network of FDIC-insured community banks. Novo states their goal is to bring small business banking into the modern age with easy-to-use tools for founders on the go.

Question 2

What are Novo's top competitors?

Accepted Answer

Ally, Stripe Payments, and Chime Online Banking are common alternatives for Novo.

Question 3

Who uses Novo?

Accepted Answer

The most common users of Novo are from Small Businesses (1-50 employees).

Novo Competitors and Alternatives

Most Commonly Comparedto Novo

Ally

Stripe Payments

Chime

Rebank

Wise

Xamarin

Xoom, a PayPal Service (personal use only)

BankingOn Mobile Banking Platform

Blend

Temenos Infinity

Advapay Macrobank Digital Core Banking

Banno

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