Novo
Founded Year
2016Stage
Line of Credit | AliveTotal Raised
$295.9MValuation
$0000Last Raised
$125M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-61 points in the past 30 days
About Novo
Novo develops a financial platform. It offers neo-banking facilities without traditional physical branch networks. It provides zero-balance accounts, business checking and debit card access, lending services, and more. The platform caters to small and medium enterprises (SMEs). Novo was formerly known as CLEAR Bank. The company was founded in 2016 and is based in Miami, Florida.
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Novo's Products & Differentiators
Novo Business Checking
Novo Business Checking doesn't just help businesses keep their money safe — it offers a solution that truly helps small businesses save time, streamline their finances, and improve their cash flow. To learn more, visit https://www.novo.co/features.
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Research containing Novo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Novo in 2 CB Insights research briefs, most recently on Feb 23, 2022.
Expert Collections containing Novo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Novo is included in 4 Expert Collections, including SMB Fintech.
SMB Fintech
1,586 items
Gig Economy Value Chain
155 items
Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry
Fintech
9,297 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Banking
1,008 items
Challenger bank offer digitally native banking products (checking and savings account at the most basic) and either leverage partner banks or are fully-licensed banks themselves.
Latest Novo News
Sep 19, 2024
Dragon Ball Sparking Zero revela elenco completo em novo trailer Divulgação/Bandai Namco A Bandai Namco divulgou um novo trailer de Dragon Ball: Sparking! Zero, revelando o elenco completo de 182 personagens jogáveis. A lista inclui lutadores de diversas fases da franquia, incluindo Dragon Ball Z, Dragon Ball Super e filmes da série. O trailer também apresenta Goku em sua versão jovem e outras figuras clássicas, como Broly (Z), Coola e Super Garlic Jr. Com o elenco completo, o jogo se destaca por reunir personagens de diferentes eras da franquia, trazendo uma experiência diversificada. Além dos lutadores conhecidos, o game ainda incluirá mais de 20 personagens extras por meio de um Passe de Temporada, permitindo a expansão do conteúdo após o lançamento. O trailer também traz novidades sobre os modos de jogo, incluindo o "Episode Battle", que permitirá reviver momentos importantes da saga Dragon Ball. Esse modo oferecerá batalhas baseadas em episódios icônicos da série, com diferentes personagens e eventos marcantes. O Canaltech está no WhatsApp!Entre no canal e acompanhe notícias e dicas de tecnologia Continua após a publicidade Já o "Custom Battle" permitirá aos jogadores participar de mais de 30 batalhas personalizadas, cada uma com cenários e condições de vitória específicas. Além disso, foi destacado o "Modo de Edição", que possibilita personalizar as batalhas, incluindo poses, expressões dos personagens, música de fundo e efeitos visuais. Esse recurso aumenta a flexibilidade dos jogadores na criação de lutas únicas. O jogo está previsto para ser lançado em 11 de outubro, para PlayStation 5 , Xbox Series X |S e PC. A pré-venda inclui o personagem Goku da série "Dragon Ball Daima", uma das novidades do game, com habilidades exclusivas.
Novo Frequently Asked Questions (FAQ)
When was Novo founded?
Novo was founded in 2016.
Where is Novo's headquarters?
Novo's headquarters is located at 78 South West 7th Street, Miami.
What is Novo's latest funding round?
Novo's latest funding round is Line of Credit.
How much did Novo raise?
Novo raised a total of $295.9M.
Who are the investors of Novo?
Investors of Novo include Victory Park Capital, Notable Capital, Crosslink Capital, Valar Ventures, Rainfall Ventures and 15 more.
Who are Novo's competitors?
Competitors of Novo include Shine, Found, Allica Bank, Grasshopper, Brex and 7 more.
What products does Novo offer?
Novo's products include Novo Business Checking and 1 more.
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Compare Novo to Competitors
Lili focuses on providing business finance solutions. The company offers a range of services including business banking, smart bookkeeping, invoice and payment management, and tax planning tools. It primarily serves the fintech industry. The company was founded in 2018 and is based in New York, New York.
Oxygen is a financial technology company focused on providing mobile banking solutions for personal and business finances. It offers services such as cashback rewards, virtual cards, early payroll access, and tools for business incorporation and invoicing. Oxygen primarily serves consumers, freelancers, solopreneurs, and small to medium-sized businesses with its financial products. It was founded in 2017 and is based in Princeton, New Jersey.
NorthOne operates in banking. The company provides an online business account with integrated features designed to simplify business banking, including real-time money transfers, automatic budgeting tools, and connections to accounting, payment, and payroll tools, primarily serving small businesses across various sectors. NorthOne was formerly known as Ferst Digital. The company was founded in 2016 and is based in New York, New York.
Solid operates as a financial technology platform. It allows users to create bank accounts, offer crypto wallets, send payments, issue cards to customers, and build and launch deposit products, such as business and consumer checking accounts. Solid was formerly known as Wise. The company was founded in 2018 and is based in Palo Alto, California.
Mercury operates as a financial technology company. It offers banking accounts, currency exchange, debit cards, and international wires with operational support in the form of team management, tool integration, relevant insights on business finances, and more to its customers. It combines Federal Deposit Insurance Corporation (FDIC) insured checking and savings accounts with technology tools like cashflow analytics, intuitive dashboards, and payments. It was founded in 2017 and is based in San Francisco, California.
Found operates as a financial technology company specializing in business banking and smart financial tools for self-employed individuals and small business owners. The company offers a suite of services including business banking, automated bookkeeping, tax estimation, and professional invoicing, all integrated into one easy-to-use app. Found's platform is designed to simplify financial management for entrepreneurs by providing real-time insights into cash flow, expenses, and tax obligations without hidden fees. It was founded in 2019 and is based in San Francisco, California.
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