Novo is a digital checking account that offers the same level of convenience and security as a traditional checking account, with a lower upfront cost. It’s perfect for small businesses because it allows them to avoid the traditional banking process. With Novo, you can apply for a checking account and get a business debit card in one step, so you can start getting paid and keep track of expenses. All transactions can be categorized, and your funds are protected by The Novo Virtual Card. Send unlimited paper checks, use any ATM around the world without paying fees, and process international transfers at no additional cost.