Novo

Eligibility at a glance

Requires SSN

Yes

Overseas operating address

No

Intl wire (out)

—

Virtual cards

TBD

Account manager

None

Best for

• US small businesses, ecommerce sellers, freelancers
• Those who want solid integrations (QuickBooks, Stripe, Shopify)

Where it falls short

• All owners need an SSN — ITIN holders & non-residents can't open
• No outbound international wires (ACH / Wise only)
• Not for non-US founders

Restricted industries

Documents to prepare

• US residency + an SSN (required; no ITIN)
• A US-registered company + EIN (sole props supported)
• A US physical address (no virtual address)
• A US phone number