Novo Vs. Found

When it comes to choosing a business checking account, you want to make sure you’re getting the best features and services for your money. In this head-to-head comparison, we’ll take a look at two popular options: Novo and Found.

Advertiser Disclosure

Top10BusinessBanks¬†is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.

Please note:

  • All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback!
  • We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.

General Details

Monthly Fee

$0

$0

Banking Partner

Middlesex Federal Savings, Member FDIC

Piermont Bank, Member FDIC

Editorial Score

Score 9.5
Score 9.1

Card

Rating

3018 reviews
265 reviews

Fees & Charges

Minimum Balance

$0

$0

Mandatory first deposit

$0

$0

Overdraft Fees

$0

$0

Early Account closing Fee

$0

$0

ATM Withdrawal fee

ATM fee refunds up to $7 per month

Free. No refund on external ATM fees

Features

ACH Transfers

Incoming ACH $0
Outgoing ACH $0

Incoming ACH $0
Outgoing ACH $0

Wire Transfers

Incoming Wire $0
Outgoing Wire N/A
(Available with Wise integration)

Incoming Wire $0
No outgoing Wire transfers

Card

Novo Business Debit Mastercard

Found business debit Mastercard

Sub Accounts

Up to 5 sub-accounts

X

Cash Deposit

X
V

Check Deposit

V
V

Saving Account

X

1.5% APY available for Found+ users, pro plan for $14.99/month

Invoice Management

Unlimited free invoices

Unlimited free invoices

Integrations

Stripe, Square, Paypal, Wise, Woocommerce, Amazon, Ebay, Etsy, Shopify, Xero, Quickbooks, Slack, Zapier, Google Sheets, and more

Paypal, Quickbooks, Xero, Square, Zelle, Venmo, and Expensify.

Bottom Line

Why?

Novo offers a completely fee-free business checking account with strong integration options for popular business tools. This makes it a great choice for businesses that prioritize a fee-free banking experience with strong integrations.

Found offers a fee-free business checking account with automatic transaction categorization and a cash deposit network, making it a great option for sole proprietors who need to deposit cash frequently. While Found doesn’t offer the same level of integration with business tools as Novo, it still integrates with popular accounting software like QuickBooks and Xero. Overall, Found is an excellent choice for businesses that need a fee-free banking experience with a cash deposit network.

Editorial Score

Score 9.5

Winner!

Score 9.1

Novo Vs. Found

When it comes to choosing a business checking account, you want to make sure you’re getting the best features and services for your money. In this head-to-head comparison, we’ll take a look at two popular options: Novo and Found.

Advertiser Disclosure

Top10BusinessBanks¬†is a free online resource meant to help users find the information they need in order to make a confident decision. We spend countless hours of research to find the most relevant content and present it in the most accessible way. However, please don’t view the information presented here as a recommendation from our end.

Please note:

  • All the information displayed in this site is completely subjective. Moreover, we have broad editorial discretion as to the content we publish on the site and due to various reasons, the information you see may be incomplete and/or inaccurate. Please don’t hesitate to double-check the information we provide. It’s okay, we won’t be offended – on the contrary, we would love to hear your feedback!
  • We’re able to offer this completely free-of-charge online resource thanks to the referral fees we receive from our partners (some of the companies listed on this site). While this may affect the location of these companies and the content we feature on the site, it’s not possible to purchase a favorable review or a position on this site.

General Details

Monthly Fee

$0

$0

Banking Partner

Middlesex Federal Savings, Member FDIC

Piermont Bank, Member FDIC

Editorial Score

Score 9.5
Score 9.1

Card

Rating

3018 reviews
265 reviews

Fees & Charges

Minimum Balance

$0

$0

Mandatory first deposit

$0

$0

Overdraft Fees

$0

$0

Early Account closing Fee

$0

$0

ATM Withdrawal fee

ATM fee refunds up to $7 per month

Free. No refund on external ATM fees

Features

ACH Transfers

Incoming ACH $0
Outgoing ACH $0

Incoming ACH $0
Outgoing ACH $0

Wire Transfers

Incoming Wire $0
Outgoing Wire N/A
(Available with Wise integration)

Incoming Wire $0
No outgoing Wire transfers

Card

Novo Business Debit Mastercard

Found business debit Mastercard

Sub Accounts

Up to 5 sub-accounts

X

Cash Deposit

X
V

Check Deposit

V
V

Saving Account

X

1.5% APY available for Found+ users, pro plan for $14.99/month

Invoice Management

Unlimited free invoices

Unlimited free invoices

Integrations

Stripe, Square, Paypal, Wise, Woocommerce, Amazon, Ebay, Etsy, Shopify, Xero, Quickbooks, Slack, Zapier, Google Sheets, and more

Paypal, Quickbooks, Xero, Square, Zelle, Venmo, and Expensify.

Bottom Line

Novo and Found both offer fee-free business checking accounts with unlimited transactions and no minimum balance requirements. Novo’s strength lies in its integration with popular business tools, while Found offers a cash deposit network that may make it more suitable for sole proprietors who need to deposit cash frequently. While Novo is the winner of this comparison, businesses should consider their specific needs when choosing between these two options.

Novo Logo BB
Score 9.5

Winner!

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Found Logo
Score 9.1
Visit Site