Comparison
Novo vs Airwallex
A side-by-side look at Novo and Airwallex — pricing, regions, integrations, pros and cons. Use the recommender if you'd rather have an AI pick for you.
Novo
Business banking for entrepreneurs.
Novo is a US small business banking platform with integrations to Stripe, Shopify, QuickBooks and more.
Airwallex
The global financial platform for modern business.
Airwallex provides multi-currency accounts, global cards, FX, bill pay and embedded finance — letting companies operate like locals in 60+ countries.
Side-by-side
| Spec | Novo | Airwallex |
|---|---|---|
| Tagline | Business banking for entrepreneurs. | The global financial platform for modern business. |
| Headquarters | New York, USA | Melbourne, Australia |
| Founded | 2016 | 2015 |
| Regions | US | Global, APAC, EU, UK, US |
| Card type | Mastercard debit | Visa charge / debit (market dependent) |
| Pricing | Free. | Free base account; cards free; FX from 0.4%. |
| Rewards | — | Cashback on eligible spend (market dependent). |
| Best for | US small businesses, Freelancers | Cross-border businesses, Marketplaces, Global SaaS |
| Integrations | QuickBooks, Xero, Shopify, Stripe | Xero, NetSuite, QuickBooks |
Novo: pros & cons
- Truly free
- No credit
Airwallex: pros & cons
- Best-in-class FX
- True global coverage
- Powerful APIs
- Onboarding can be slow
- Spend management is lighter than dedicated tools