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- Novo - Small Business Checking Vs. Found: Business Banking
Novo - Small Business Checking vs Found: Business Banking Usage & Stats
Do you need a checking account for your small business? Novo is for modern businesses.
With Novo you can apply for an account online in minutes, so you have more time to focus on your business.
Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A.; Member FDIC. Novo provides free banking tools to small businesses, all within the Novo app. You can link your existing accounts, control your debit card, pay your bills, process ACH transfers, deposit checks, categorize transactions, and separate your funds for savings in Reserves.
You’ll receive a Novo Mastercard Business Debit Card and The Novo Virtual Card to pay for things online, around the world, and use any ATM without fees from us. Send unlimited payments and paper checks for free.
Novo supports almost any business operating in the U.S. As long as the owner has a social security number, they're able to apply for a Novo Business Checking Account.
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Small businesses love Found. With robust business checking plus smart bookkeeping and tax tools, Found simplifies your entire workflow. Track expenses, save receipts, save for taxes, send invoices, and pay contractors—all from the app. And all without costly hidden fees. Get so much more for free with Found.
FAST & FREE SIGN UP
Sign up free in minutes
No credit check or minimum balance
No minimum balance or monthly maintenance fees
BUSINESS BANKING
Get paid up to 2 days early with direct deposit*
Organize, budget, and save with pockets
Create multiple virtual cards for flexible spending
SMART TAX TOOLS
See your tax estimate and auto-save for taxes
Find write-offs for easy tax savings
Auto-fill tax forms like Schedule C and 1099
Pay taxes right from the app**
BUILT-IN BOOKKEEPING & EXPENSE TRACKING
Automatically track and categorize your expenses
Save receipts digitally and add notes
Import transactions from other apps or sources
Send unlimited free invoices
SAFE AND SECURE
Deposits are insured up to $250K through Lead Bank, Member FDIC
Lock your card at any time directly from the Found app
Stay informed with real-time transaction notifications
Disclosures
Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The Found Mastercard® Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.
*Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.
**Tax payments are available for Found Plus subscribers who file a Schedule C.
***Found's core features are free. Found also offers two optional paid products, Found Plus for $19.99/month or $149.99/year and Found Pro for $80/month or $720/year.
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Novo - Small Business Checking vs. Found: Business Banking ranking comparison
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Novo - Small Business Checking vs. Found: Business Banking ranking by country comparison
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January 18, 2026