Novo is a mobile business banking platform that caters specifically to small businesses, entrepreneurs, and freelancers. It offers a range of features and benefits designed to make banking easier and more convenient for self-employed individuals.One of the key advantages of Novo is its simplicity and ease of use. The platform is designed to be user-friendly, with a clean and intuitive interface that makes it easy to navigate and access all the necessary banking features. This is particularly important for self-employed individuals who may not have a lot of time or resources to dedicate to managing their finances.Novo also prides itself on its low fees. Unlike traditional banks that often charge a variety of fees for different services, Novo aims to keep fees to a minimum. In fact, Novo offers almost no fees, including no monthly maintenance fees, no minimum balance requirements, and no ATM fees at over 55,000 locations nationwide.Another key feature of Novo is its partnership with Middlesex Federal Savings, a trusted and established bank. This partnership allows Novo to offer FDIC-insured accounts, providing peace of mind and security for customers.In addition to these features, Novo also offers a range of other benefits, such as integrations with popular accounting software like QuickBooks and Xero, the ability to send and receive payments electronically, and access to a dedicated customer support team.Overall, Novo is a mobile business banking platform that offers self-employed individuals a simple, convenient, and low-cost banking solution. With its user-friendly interface, low fees, and range of features, Novo is a great option for small businesses, entrepreneurs, and freelancers looking for a modern and efficient banking experience.

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