Is Novo available for business in Germany?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson
Availability

Novo for business in Germany: Not available

Key eligibility
Not served. Novo requires a business registered in the United States, and applicants must be United States residents with a Social Security number and a United States address.
Non resident position
Not served from Germany. The account holder must be a United States entity with a United States resident owner. A company registered only in Germany cannot apply.
Local currency support
United States dollar accounts only. No euro account and no German IBAN.
Headline monthly fee
No local Germany pricing. Novo advertises a United States business checking account with no monthly fee for United States customers.
Availability and fees as of 1 November 2025Last reviewed 1 November 2025

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

No. As of 1 November 2025, Novo does not serve business customers registered in Germany. Novo is a United States business banking platform for the self employed and small companies, and it requires a business registered in the United States, a United States resident owner with a Social Security number, and a United States address. A business registered only in Germany cannot open a Novo account. The alternatives below point to providers that do serve Germany.

Does Novo serve business customers in Germany?

No. Novo provides an online business checking account to United States businesses through a United States partner bank, with no monthly fee, invoicing and integrations aimed at the United States market. Opening an account requires a United States registered business, a United States resident owner and a United States address, and balances are held in United States dollars. A company registered only in Germany does not meet these requirements, so it cannot open a Novo account. As of 1 November 2025.

Eligibility for businesses in Germany

Novo requires applicants to own a business that is registered in the United States, to be a United States resident aged at least 18, and to provide a Social Security number, a United States phone number and a United States address. Certain activities such as cryptocurrency exchange, money services and cannabis sales are not accepted. Businesses incorporated outside the United States, including in Germany, do not qualify. As of 1 November 2025. Verify with the provider

What it costs locally

There is no local Germany pricing because the account is not offered to businesses registered in Germany. Novo advertises a United States business checking account with no monthly fee and no minimum balance for United States customers, and balances are held in United States dollars. The euro and local German account details are not supported. As of 1 November 2025. As of 1 November 2025

What local users report

There is no established base of Germany business users, since the service is not available to companies registered in Germany. Businesses in Germany that want an online account with built in invoicing generally look to local neobanks and to providers that operate in the German market. As of 1 November 2025, confirm the current position with each provider before relying on it.

Novo does not appear to serve business customers in Germany as of 1 November 2025, or the position is unclear. Verify directly with the provider. Providers confirmed available in Germany are listed on the Germany country guide.

Questions about Novo in Germany

Is Novo available for business in Germany?
No. As of 1 November 2025, Novo requires a business registered in the United States and a United States resident owner. A company registered only in Germany cannot open a Novo account. Verify the current position with the provider.
Can a business in Germany use Novo?
Not unless it operates through a United States registered entity with a United States resident owner. As of 1 November 2025, Novo requires United States registration, so a company registered only in Germany does not qualify.
Does Novo support the euro in Germany?
No. As of 1 November 2025, Novo operates United States dollar accounts for United States businesses and does not offer euro balances or a German IBAN. Confirm the current position with the provider.
What can a business in Germany use instead?
Providers that serve business customers in Germany are listed on the Germany country guide, including local neobanks and online options. Availability changes, so verify with each provider before applying. As of 1 November 2025.

Availability, fees, and eligibility change. This page was last reviewed on 1 November 2025. Confirm the current position with Novo before applying.

Related