Choose a country
United States
Select a city
Select a city
Select language
Select country
Choose a country
United States
United States
Việt nam
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Novo's app


How to download an app

For Android users

Access the Google Play store and find the Novo - Small Business Checking under the Novo Platform Inc. developer. Click Install and wait for the app to appear on your screen.

Novo on Google Play

Download app

For iOS users

To download the Novo app, iOS users may use the App Store. Find the app Novo - Small Business Checking under the Novo Platform Inc. developer and click Get. The app is also compatible with iPad.

Novo on App Store

Download app

Novo app features

Through the Novo mobile app you can:

  • Link your existing accounts;

  • Manage your debit card;

  • Pay bills;

  • Transfer through ACH;

  • Deposit checks;

  • Separate the funds for savings.


Does Novo work with app?

Yes, Novo works with three main types of Apps: Novo Features, Novo Integrations, and External Apps. 

How do I register for a Novo app?

To register for Novo App, you will need to click the "Get started" button and write down your name, email, and password.

How do I deposit money into Novo?

There are two ways to deposit into your Novo account within the app: Navigate to the 'Move Money' tab, then scroll down to the 'Add Money' section, and choose either 'Transfer funds to Novo' from a bank account or 'Deposit a check'.

What to focus on before applying for a loan with Novo

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between Novo and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Novo’s reviews by September 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
PO Box 10, Parshall, ND 58770
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018