Insights

Fintech Banking Novo operates as a fintech banking solutions platform for small businesses, powered by Middlesex Federal Savings, offering free checking and seamless integrations. This suggests a potential opportunity to upsell integrated treasury management, payment automation, or SME-focused financial tooling to enhance cash flow and operational efficiency.

SMB Focus With 201-500 employees, Novo targets small to mid-sized businesses that require streamlined banking and automation. Sales outreach can emphasize scalable banking features, multi-user access, and API-driven workflows that grow with a company's needs.

Tech Stack Signals The use of analytics and engineering tools such as Tableau, Docker, SQL, and SAP maintenance hints at a culture comfortable with data-driven operations and robust integrations. This creates a fit for selling advanced fintech add-ons like data analytics dashboards, ERP connectors, or compliance automation.

Market Position Novo positions itself as a banking solution platform rather than a traditional bank, leveraging a modern fintech approach. This opens opportunities to partner or co-sell with complementary fintech services (payments, invoicing, expense management) to broaden the value proposition for small businesses.

Growth Signals Funding and growth indicators, along with recent industry news mentioning expansion into adjacent markets and international considerations for related players, suggest a receptive environment for pilots or early-stage deployments of new financial tools, making Novo a candidate for expansion-focused partnerships or white-labeling discussions.

Novo Tech Stack

Novo uses 8 technology products and services including Tableau, Docker, jsDelivr, and more. Explore Novo's tech stack below.

  • Tableau
    Business Intelligence
  • Docker
    Containerization
  • jsDelivr
    Content Delivery Network
  • SQL
    Database
  • Selenium
    Frameworks And Libraries
  • Circle
    Message Boards
  • SAP Maintenance, Repair, and Overhaul
    Operations
  • HSTS
    Security

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.

How much revenue does Novo generate?

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As of July 2026, Novo's annual revenue is estimated to be $12B.

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 July 2026, Novo has approximately 408 employees across 6 continents, including AsiaNorth AmericaEurope. 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 TableauDockerjsDelivrSQLSeleniumCircleSAP Maintenance, Repair, and OverhaulHSTS.

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 July 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

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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