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Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share

Fintech Labs Insights

Novo doesn’t even address it in their FAQs, if you search for “Pricing” it merely shows two links to info about partner prices (Quickbooks and Wise). Novo is seemingly a breakout success with 175,000 customers and 1.2M The ability to send invoices with integrated credit card and electronic payment options.

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SoFi Officially Files For A Bank Charter Of Its Own

PYMNTS

Which means it really doesn’t come as all that huge a surprise that as of June 6th, SoFi had applied for a new (de novo) bank charter according to the FDIC. Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. The bank will offer no other products and services.”.