Insights

Fintech Banking Novo operates as a fintech banking solutions platform for small businesses, implying a potential sales opportunity to expand integrated financial services, cash management, and automated tools beyond current offerings.

Platform Synergy Powered by Middlesex Federal Savings and offering free checking with seamless integrations suggests room to cross-sell partner-based financial products, API-driven workflows, and additional banking features to existing customers.

SMB Focus With a target of small businesses and an employee range of 201-500, there is potential to upsell payroll, expense management, lending, or credit products tailored to mid-market SMBs seeking streamlined financial operations.

Tech Stack Fit The tech-oriented stack (SQL, Docker, Tableau, Selenium) indicates receptiveness to data analytics, reporting enhancements, and custom integrations; sales opportunities exist for advanced dashboards, automated reconciliation, and developer-friendly APIs.

Growth & Funding Revenue in the reported range and substantial funding suggest a growing SMB fintech amidst competitive finance tech; position Novo to offer scalable financial solutions, partnerships, and exposure to other fintechs or ecosystem players seeking integration opportunities.

Novo Tech Stack

Novo uses 8 technology products and services including Microsoft Clarity, Apache Kafka, SAS, and more. Explore Novo's tech stack below.

Media & News

Novo's Email Address Formats

Novo uses at least 2 format(s):
Novo Email FormatsExamplePercentage
Last@banknovo.comDoe@banknovo.com
85%
First@banknovo.comJohn@banknovo.com
11%
First.Last@banknovo.comJohn.Doe@banknovo.com
4%
First@novo.coJohn@novo.co
98%
FLast@novo.coJDoe@novo.co
2%

Frequently Asked Questions

What is Novo's stock symbol?

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Novo is a publicly traded company; the company's stock symbol is NVO.

What is Novo's official website and social media links?

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Novo's official website is novo.co and has social profiles on LinkedInCrunchbase.

How much revenue does Novo generate?

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As of August 2026, Novo's annual revenue is estimated to be $100M - $250M.

What is Novo's NAICS code?

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Novo's NAICS code is 52 - Finance and Insurance.

How many employees does Novo have currently?

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As of August 2026, Novo has approximately 416 employees across 6 continents, including North AmericaAsiaSouth America. Key team members include Chief Executive Officer: L. W.Chief Of Staff: S. I. L.Associate Director - People Experience: S. G.. Explore Novo's employee directory with LeadIQ.

What industry does Novo belong to?

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Novo operates in the Financial Services industry.

What technology does Novo use?

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Novo's tech stack includes Microsoft ClarityApache KafkaSASDBTPostgreSQLClaude by AnthropicTwilioPuppet.

What is Novo's email format?

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Novo's email format typically follows the pattern of Last@banknovo.com. Find more Novo email formats with LeadIQ.

How much funding has Novo raised to date?

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As of August 2026, Novo has raised $296M in funding. The last funding round occurred on Aug 01, 2023 for $125M.

When was Novo founded?

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Novo was founded in 2016.
Novo logo

Novo

Financial ServicesNew York, United States201-500 Employees

Novo is a fintech operating in the financial services sector, offering a banking solutions platform tailored for small businesses. It aims to remove the hassles of business banking by combining free checking, automated tools, and seamless integrations within a single platform. The platform itself is not a bank; banking services are provided by Middlesex Federal Savings, F.A., and are FDIC-insured.

Headquartered in New York City, Novo targets small businesses seeking a streamlined financial management experience. It positions itself as a fintech that bundles banking capability with digital tools, while relying on Middlesex Federal Savings, F.A. for actual banking services. The company describes its team as mid-sized, reflecting a workforce in the hundreds within the financial services landscape.

Section iconCompany Overview

Website
novo.co
Stock Symbol
NVO
NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
201-500

Section iconFunding & Financials

  • $296M

    Novo has raised a total of $296M of funding over 9 rounds. Their latest funding round was raised on Aug 01, 2023 in the amount of $125Mas a debt_financing.

  • $100M - $250M

    Novo's revenue is estimated to be in the range of $100M - $250M

Section iconFunding & Financials

  • $296M

    Novo has raised a total of $296M of funding over 9 rounds. Their latest funding round was raised on Aug 01, 2023 in the amount of $125Mas a debt_financing.

  • $100M - $250M

    Novo's revenue is estimated to be in the range of $100M - $250M

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