After Azlo bank made it public that they would be shutting down, like many others have been forced to look else where for their business banking needs. If you are still in the market or not quite convinced, I am quite enjoying Novo bank so far!
Like Azlo, Novo bank is free for pretty much everything. No fees except for certain things like "insufficient funds". So free is always nice :)
Novo bank hits some serious wickets for me (any many others in the SaaS world):
My Favorite feature: "Reserves"
Ohh and let me not forget about their "reserves" features. It is sort of like a bucket inside your business bank account. You can set aside money into these "reserves" to effectively remove it from your available spending. These reserve buckets are very commonly used to help allocate and set aside money for important big purchases like new equipment or TAXES. Ohh taxes.
I have been using Novo for a little bit now, and I am thoroughly enjoying it! If you are in the market for an Azlo replacement (or a great online bank for a Software business) I highly recommend Novo bank
You can sign up here if you want:
(this is an affiliate link. we both get $25. win, win!)
If you don't want to use that link then that's cool too. You should still check out Novo bank!!