Is Novo available for business in Brazil?

Does Novo serve business customers in Brazil?

No. Novo offers online business checking to companies registered in the United States, provided through a partner bank. It opens accounts only for businesses registered in the United States whose owners reside in the United States, and applicants need a Social Security number, a United States phone number and a United States address. A company registered only in Brazil sits outside that footprint. As of 6 December 2025, Novo is not available to a Brazil based business.

Eligibility for businesses in Brazil

Novo requires a United States registered business and owners who reside in the United States, with a Social Security number, a United States phone number and a United States address. For a sole proprietorship the applicant must be a United States citizen. A company registered only in Brazil does not qualify, so a Novo account cannot be opened from Brazil. Novo does not provide a local Brazilian account or Brazilian real details. Verify with the provider

What it costs locally

There is no local Brazil pricing because the account is not offered there. In the United States Novo markets business checking with no monthly fee and holds balances in United States dollars. The Brazilian real and local Brazil account details are not supported. As of 6 December 2025

What local users report

There is no established base of Brazil business users, since the service is not available in the market. Businesses in Brazil that want online banking generally use local banks and digital providers that operate in Brazil, or cross border providers for foreign currency needs. As of 6 December 2025, confirm the current position with each provider before relying on it.