Best Novo Alternatives ranked by AI · updated Aug 2026

βœ… Update queued β€” the AI is re-ranking this list. The page will refresh shortly.

This page is already up to date.

Novo is an online business checking account for freelancers, entrepreneurs, and small businesses. It focuses on fee-light banking with invoicing, payment processing, and integrations with popular business services.

Developer: Novo Price: Free 🎯 novo.co

Top 6 Novo alternatives

4 Bluevine logo

Bluevine

Bluevine

Bluevine offers small-business banking and financing products, including business lines of credit for eligible companies. It suits owners who want funding and...

Pros

  • Combines business banking with financing products
  • Revolving credit can be more flexible than a single-use loan
  • Online tools are oriented toward small-business cash-flow management

Cons

  • Credit eligibility and limits vary substantially by applicant
  • Financing may cost more than comparable bank credit
  • Not every business or industry qualifies for every product

Variable rates and fees; quote required

5 Azlo logo

Azlo

Azlo

Azlo was an online business banking service for freelancers, entrepreneurs, and small businesses. It offered fee-free business checking and invoicing, but BBVA...

Pros

  • Historically offered free business checking with no monthly maintenance fee
  • Supported freelancers and small businesses with online account management
  • Included invoicing and payment-request features

Cons

  • No longer accepts customers or provides banking services
  • Accounts were closed during the 2021 shutdown
  • No current customer support or product updates
6 Lili Ҁ“ Mobile Banking logo

Lili Ҁ“ Mobile Banking

Lili Financial Inc.

Lili is a mobile business banking platform designed for freelancers, independent contractors, and small-business owners. It combines business checking, tax tools, expense...

Pros

  • Built specifically for freelancers and independent contractors
  • Integrated tax buckets and automated expense categorization
  • Simple mobile-first account setup and banking experience

Cons

  • Less suitable than Mercury or Relay for multi-user companies
  • Some tax and bookkeeping features require a paid plan
  • Limited branch access and cash-deposit options

How good are these alternatives?

Your feedback helps us improve the AI rankings.

βœ… Thanks for your feedback!

Know a better alternative? πŸ™Œ

Suggest a product and our AI will verify it's a real alternative to Novo before adding it to the list.

People also compare