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Side-by-side comparison
Novo logo
Novo
VS
Varo logo
Varo

Novo vs Varo

Side-by-side comparison of Novo and Varo — features, fees, supported countries, and ratings.

Highlights

A quick, at-a-glance look at what makes Novo and Varo stand out.

Novo logo

Novo

Top rated
  • Mobile-first banking
  • Built for businesses
  • Available in 1 country
  • Rated 4.6 / 5 on Neolista
Varo logo

Varo

Top rated
  • Mobile-first banking
  • Great for personal use
  • Available in 1 country
  • Rated 4.7 / 5 on Neolista
Neolista

Average Neolista Scores

Compare the Neolista scores of Novo and Varo to the overall average score across all listed providers.

Novo logo
4.6
VS
Varo logo
4.7
VS

Directory average

4.1

Novo vs Varo: the full comparison

Our breakdown of how Novo and Varo compare — and which might suit you best.

Novo is available in 1 country, while Varo is available in 1 country. Both are popular neobanks, but they take different approaches and suit different needs.

Novo is best suited to businesses. Novo is an online business banking platform with no hidden fees built for small business owners. Apply for a free Novo checking account. It currently holds a Neolista score of 4.6 out of 5.

By comparison, Varo is geared towards individuals. Get access to personal banking services including no monthly fee checking, high-yield savings, cash advances and more with Varo Bank. It currently holds a Neolista score of 4.7 out of 5.

If Novo lines up with what you need, it's a strong choice — but it's worth weighing Varo too, especially on availability, fees and the account types each one supports. Use the live details above to pick the option that fits you best.

Where can you use them?

Novo and Varo aren't available everywhere. Here's where each one currently operates.

Novo logo

Novo

Available in 1 country

United States flag
VS
Varo logo

Varo

Available in 1 country

United States flag

What customers are saying

Recent verified 5-star reviews for Novo and Varo.

For the moment is a very interesting platform. Thank you. And client service is good. I hope keeping this account and keep doing business.

Trustpilot
Joel"Novo" review from Trustpilot

Great all around experience

Trustpilot
Telvin"Varo" review from Trustpilot
Novo logo

Novo is great for businesses

Novo offers accounts for business customers.

Business accounts
Go to Novo
Varo logo

Varo is great for individuals

Varo offers accounts for personal customers.

Personal accounts
Go to Varo

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