Novo for business in Canada: Not available
- Key eligibility
- Not served. Novo requires a business registered in the United States, plus an owner with a United States address and a Social Security number, so a company registered only in Canada cannot apply.
- Non resident position
- Not served from Canada. Both the business and the applying owner must be United States based, whatever country the company sells into.
- Local currency support
- United States dollar only. No Canadian dollar account and no Canadian account details are offered.
- Headline monthly fee
- No local Canada pricing. Novo advertises a business checking account with no monthly fee for United States businesses.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Novo serve business customers in Canada?
No. Novo provides business checking to companies registered in the United States, with an owner who holds a United States address and a Social Security number. Sole proprietors, unregistered businesses and companies registered outside the United States do not qualify. A business registered only in Canada does not meet these requirements, so it cannot open a Novo account.
Eligibility for businesses in Canada
Novo requires a business formally registered in the United States, such as an LLC, corporation or a United States sole proprietorship, and an owner who provides a United States address and a Social Security number along with a United States mobile number. Businesses registered outside the United States, including in Canada, do not qualify. Verify with the provider
What it costs locally
There is no local Canada pricing because the account is not offered to businesses registered in Canada. Novo advertises a business checking account with no monthly fee, no minimum balance and accounts held in United States dollars. The Canadian dollar and Canadian account details are not offered. As of 27 May 2026
What local users report
There is no established base of Canada business users, since the account requires a United States registered business. Canadian companies that want a low cost digital business account generally use providers that operate in the Canadian market.
Questions about Novo in Canada
Is Novo available for business in Canada?
Can a business in Canada use Novo?
Does Novo support the Canadian dollar?
What can a business in Canada use instead?
Availability, fees, and eligibility change. This page was last reviewed on 27 May 2026. Confirm the current position with Novo before applying.