Best Novo alternatives in 2026
5 direct alternatives to Novo and 3 more tools in the same category, compared on pricing, features, and best-for use cases. Pick the right replacement without the marketing fluff.
Curated by Louis Corneloup · Updated Cite this list: Toolradar, best Novo alternatives 2026, toolradar.com/alternatives/novo-bank
Why people consider alternatives to Novo
Novo offers a flexible and forward-thinking online business banking platform designed to help small businesses, freelancers, and self-employed individuals manage their finances efficiently.
Teams most often switch away when one of these starts to bite:
- Pricing at scale as usage or premium tiers add up.
- Missing integrations with the rest of your stack.
- Performance or scale limits as your needs grow.
- A specific feature gap you have hit in finance.
The 5 direct alternatives below cover the same core job (finance) with different trade-offs. The 3 tools marked "Same category as Novo" fit the category but replace Novo less directly.
8 alternatives to Novo
Direct alternatives come first, ranked by G2 and Capterra ratings, media mentions, and editor review. Tools marked "Same category as Novo" follow, ranked the same way.
- 1
Wise
Free plan Battle-tested at scaleInternational money transfers and accounts
4.1 /5 across G2, Capterra and Trustpilot · 287,986 ratings, Sep 2026
- 2
Mercury
100% free Higher rated by usersBusiness banking for startups. Open an account online in minutes
4.6 /5 across G2 and Capterra · 182 ratings, Sep 2026
- 3
Oxygen
Paid Higher rated by usersBanking services for small businesses and entrepreneurs, currently undergoing new initiatives.
4.4 /5 across G2 and Capterra · 102 ratings, Sep 2026
- 4
Found
Free plan Higher rated by usersSmarter banking, bookkeeping, and tax management for small businesses and freelancers.
4.5 /5 on G2 · 6 ratings, Mar 2026
- 5
Bluevine
Free planBanking beyond expectations with a powerful business banking platform for growth.
- 6
Microsoft Excel
Free plan Higher rated by usersIndustry-standard spreadsheet software
4.8 /5 across G2 and Capterra · 22,705 ratings, Sep 2026
Same category as Novo
- 7
Deel
Paid Higher rated by usersHire globally, pay compliantly, and manage payroll worldwide
4.7 /5 across G2, Capterra and Trustpilot · 20,580 ratings, Sep 2026
Same category as Novo
- 8
Costimizer
Free plan Higher rated by usersOptimize cloud costs with AI-driven recommendations and automation.
4.5 /5 on G2 · 18,000 ratings, Mar 2026
Same category as Novo
Frequently asked questions
What is the best alternative to Novo?
Based on real-signal scoring (G2 and Capterra ratings, media mentions, and editorial review), the top alternatives to Novo are Wise, Mercury, Oxygen. Each solves the same core job with different trade-offs on pricing, features, and integrations.
Is there a free alternative to Novo?
Yes. Mercury is 100% free (no paid upgrade path) (Business banking for startups. Open an account online in minutes). Freemium tools on this list offer a free tier with paid upgrades; they are not the same as fully free.
Why do people look for Novo alternatives?
Common reasons teams switch away from Novo: pricing that scales aggressively, missing integrations with the rest of their stack, performance or scale limits, or a specific feature gap in finance. The alternatives on this page solve the same core problem with different trade-offs.
Side-by-side comparisons
In-depth comparison pages for Novo versus each alternative.
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