NorthOne vs Novo: Which is Better in 2026?
Choosing between NorthOne and Novo comes down to understanding what each tool does best. This comparison breaks down the key differences so you can make an informed decision based on your specific needs, not marketing claims.
Bottom line: Novo wins this matchup. Our overall Expense Management pick is Navan. Our free Expense Management pick is Divvy. Pick NorthOne if you need a free tier to start with.
Short on time? Here's the quick answer
We've tested both tools. Here's who should pick what:
NorthOne
Business banking built for small businesses and freelancers.
Best for you if:
- • You want easy setup and account opening process
- • You want user-friendly mobile app
Novo
Smarter online business banking solutions for small businesses and self-employed entrepreneurs.
Best for you if:
- • You want business banking for small businesses
- • You want no hidden fees approach
| At a Glance | NorthOne | Novo |
|---|---|---|
Starts at | FreeFree tier available | FreeFree tier available |
Best For | Finance | Finance |
Rating | - | 4.0/5 |
Free plan | Yes | Yes |
Choose NorthOne or Novo?
Choose NorthOne if
Business banking built for small businesses and freelancers.
- You want easy setup and account opening process
- You want user-friendly mobile app
Choose Novo if
Smarter online business banking solutions for small businesses and self-employed entrepreneurs.
- You want business banking for small businesses
- You want no hidden fees approach
| Feature | NorthOne | Novo |
|---|---|---|
| Pricing Model | Freemium | Freemium |
| User Rating | No ratings yet | ★4.0/5 4,812 reviews |
| Categories | FinanceAccounting | FinanceInvoicing |
In-Depth Analysis
NorthOne
Business banking built for small businesses and freelancers.
Strengths
- +Easy setup and account opening process
- +User-friendly mobile app
- +Helpful budgeting tools (Envelopes)
- +Integrations simplify bookkeeping
- +No hidden fees
Weaknesses
- -Monthly fee applies
- -No physical branch locations
- -Cash deposit limits apply
Key features
Novo
Smarter online business banking solutions for small businesses and self-employed entrepreneurs.
Novo's pricing is exceptionally generous, offering a completely free tier with no monthly fees or minimum balance requirements.
Watch out
ATM fees refunded up to $7/month, not all fees.
Strengths
- +Business banking for small businesses
- +No hidden fees approach
- +Integrates with business tools
- +Easy account setup
- +Mobile-first banking
Weaknesses
- -Limited to US businesses
- -No physical branch locations
- -Feature set still evolving
- -Deposit and transfer limits
- -May not suit all business needs
Key features
Pricing: NorthOne vs Novo
| Plan | NorthOne | Novo |
|---|---|---|
| Tier 1 | N/A | Free Free |
Pricing verified from each vendor's public pricing page. Compare in detail on NorthOne pricing and Novo pricing.
Who Should Use What?
On a budget?
Both are freemium. Compare plans on their websites.
Go with: NorthOne
Want the highest-rated option?
Novo is rated 4.0/5. NorthOne has no ratings yet.
Go with: Novo
Value user reviews?
NorthOne: no ratings yet. Novo: 4,812 reviews (4.0/5).
Go with: Novo
3 Questions to Help You Decide
What's your budget?
Both are freemium. Pricing won't help you decide here.
What's your use case?
Both are finance tools. Compare their specific features to decide.
How important are ratings?
Novo is rated 4.0/5; NorthOne has no ratings yet.
Key Takeaways
Novo
- Free tier available
- Our pick for this comparison
NorthOne
- Choose if you want business banking built for small businesses and freelancers
The Bottom Line
Novo wins this matchup. Our overall Expense Management pick is Navan. Our free Expense Management pick is Divvy.
Frequently Asked Questions
Is NorthOne or Novo better?
Novo is rated in our evaluation. Both are freemium.
What are NorthOne and Novo used for?
NorthOne: Business banking built for small businesses and freelancers.. Novo: Smarter online business banking solutions for small businesses and self-employed entrepreneurs..
What does NorthOne cost vs Novo?
NorthOne is freemium (free tier + paid plans). Novo is freemium (free tier + paid plans). Visit their websites for detailed pricing.