Love Reserves! I chose Novo bc of the ability to create "profit first" style reserves to manage cashflow and set aside profit for myself. It's great that once you set up the reserves and percentages, Novo automatically divides deposits between the reserves. I have had no issues with the site or app thus far.

I've had a fantastic experience with… I've had a fantastic experience with this Bank. As a small business owner and entrepreneur they have really made it easy to set up my accounts, pay vendors, and manage my money easily on the go. It really goes a long way that they do not charge you fees, and the referral program is one I have already taken advantage of.

Really easy to set up Really easy to set up. Works as intended most of the time with no disruption to business related activities. One minor issue I've had over the year using Novo is understanding how deposited checks using the mobile app reflect in analytics. Between the pending time and cleared time, the amount deposited gets moved to the reserves. This only impacts my ability to know which month the amount is credited if deposited near the end of a month.

Excellent for Startups! Novo is a excellent service for small and Startups. The onboarding process is simple and faster than a local bank. The app is full of financial services and features that will help you manage your finance with easy, and the $0 fees aren't comparable with any local bank or financial institution. Highly recommended!!

Great interface, no Paypal connectivity I love the simple interface & the ability to put funds aside in reserve. The business features are fantastic, above and beyond what many banks offer. I took off one star because it's been a struggle to make this account interface with Paypal at all, even using a manual connection. I'd like to use this as my primary business bank account, but I have to maintain an account somewhere else in order to deposit Paypal funds. The support has not been at all helpful with this.