Found vs Novo: which is better for a new business? (2026)
8.8/10
Found
Free plan
Choose Found if: Self-employed owners who want banking plus tax tools
Skip it if: You deposit cash or paper checks often, or need interest without a paid plan.
Visit Found8.4/10
Novo
Free plan
Choose Novo if: New owners who want free checking linked to sales apps
Skip it if: You handle cash often, want interest on balances, or need phone support.
Visit NovoQuick verdict
| Higher OwnerUnlocked score | Found (8.8 vs 8.4) |
|---|---|
| Lower starting price | Tie (Free plan vs Free plan) |
| Better public ratings | Found (4.7 vs 4.5 / 5) |
| More Spanish help | Novo (English only vs Spanish website) |
Side by side
| Best for | Self-employed owners who want banking plus tax tools | New owners who want free checking linked to sales apps |
|---|---|---|
| Skip if | You deposit cash or paper checks often, or need interest without a paid plan. | You handle cash often, want interest on balances, or need phone support. |
| Free plan or trial | Free plan | Free plan |
| Spanish | English only | Spanish website |
| Support | Phone M-F 8am-5pm PT; email; 24/7 AI chat | In-app chat tickets; email support@novo.co |
| Mobile app | Yes | Yes |
| Public rating | 4.8/5 (App Store, 34,338) | 4.8/5 (App Store, 20,056) |
| Monthly fee | $0 (Plus $35, Pro $80 optional) | $0 |
| Opening deposit | $0 (none stated) | $0 (no minimum deposit) |
| Minimum balance | $0 | $0 |
| Interest (APY) | None on free; 1.50% up to $20K (Plus); 2.50% (Pro) | None (no savings accounts or CDs) |
| Cash deposits | 79,000+ retailers via barcode; 1 free/mo, then $2 | Not direct; buy a money order and deposit by mobile |
| ACH transfers | Standard free; express 1% (min $0.50, max $25) | Standard free; Express ACH 1.5% (min $0.50, max $20) |
| Wire transfers | Incoming free; outgoing domestic $15 ($10 Pro) | Incoming free; outgoing domestic up to $30; international via Wise |
| ATMs | Found charges $0; ATM owner fees may apply | No Novo fee; refunds up to $7/mo in ATM fees; no fee-free network |
| FDIC insurance | Up to $250K via Lead Bank | Up to $250K via Middlesex Federal Savings |
| Mobile check deposit | Mobile app, if eligible; ~4 business days; $3K/week | Mobile, free |
| Invoicing | Unlimited free; card payments 2.9% + 30¢ (Stripe) | Free unlimited invoices with automatic reminders |
| Sub-accounts | Up to 20 Pockets | Up to 20 Reserves (inside one account, not separate) |
| Connects with | Stripe and Square payouts; imports from other accounts (Plus) | QuickBooks, Xero, Stripe, Square, PayPal, Gusto, Amazon, eBay |
| Cards | Mastercard debit (physical, virtual, team); metal card on Pro | Mastercard debit (physical, virtual); Novo business credit card |
| Top pros |
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Found
- $0 plan with no monthly fee and no minimum balance.
- Up to 20 Pockets (sub-accounts), including one for saving taxes.
- Unlimited free invoices, W-9 collection and 1099 e-filing.
- Real-time tax estimates and Schedule C forms built in.
- Mobile check deposits take about 4 business days; $3,000 weekly limit.
- Cash deposits only at retailers: one free per month, then $2 each.
- Outgoing wires cost $15 ($10 on Pro); mailed checks $1 each.
Novo
- $0 monthly fee, no minimum balance and free standard ACH.
- Refunds up to $7 per month in other ATMs' fees.
- Free unlimited invoices plus up to 20 Reserves for taxes and expenses.
- Connects with QuickBooks, Xero, Stripe, Square, PayPal and Gusto.
- No direct cash deposits; you must buy a money order and deposit it.
- No interest: Novo offers no savings accounts or CDs.
- Outgoing domestic wires cost up to $30; international only through Wise.
Also worth a look
Questions
Is Found or Novo cheaper?
Their published starting prices can't be compared directly (Free plan vs Free plan). Ask both for a quote.
Which has better reviews?
Found, with 4.7/5 on average across the public ratings we checked.
Which one helps in Spanish?
Found: English only. Novo: Spanish website.
Can I switch from one to the other later?
Yes, though switching mid-year takes some setup. Export your records before you cancel, and check for annual contracts or cancellation notice periods.
Facts from each company's own pages and public rating sites, checked Oct 4, 2026. How we rate.