Head to head

Mercury vs Novo

Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.

 
61/100Higher score
55/100
Category rank#2#6
ConfidenceHigh confidenceHigh confidence
External Reputation7574
AI Authority3929
Web Authority6463
Expert Assessment6449
TOP10 User Score
Pricing$35/month (Mercury Plus), or $29.90/month billed annually · free tier: $0/month Mercury plan: checking and savings, free domestic and international USD wires, virtual and physical debit cards, corporate credit cards, security protocols; expense reimbursement capped at 5 active users/month$0/month · free tier: Full business checking account with $0 monthly maintenance fee, no minimum balance, $0 standard ACH, and free invoicing, bookkeeping and reserve accounts
Pricing modelFreemium subscriptionFreemium
Best forUS-incorporated startups and SMBs, especially VC-backed and multi-entity businesses, that want free checking and wires, a strong UI and a high sweep-based insurance ceiling for operating cash.Digital-first, low-cash-volume US small businesses — freelancers, consultants, agencies and e-commerce sellers — that want free checking plus invoicing in one place, keep balances well under $250,000, and maintain a second banking relationship as a backstop.
Avoid if You cannot survive a sudden unexplained account freeze, have a non-US or hard-to-document structure or third-party payment flows, need phone support, want yield on idle cash, or are a heavy expense-management user. You handle cash (restaurants, salons, retail, trades), cannot survive a multi-week loss of access to operating funds, hold more than $250,000, need heavy or cheaply priced wires, or want Novo as your only banking relationship.
MarketsStartups, SMB, VC-backed companies, Agencies and professional services, E-commerce, Accounting firms, Multi-entity businessesSMB, Freelancers and sole proprietors, E-commerce sellers, Professional services
Founded
HeadquartersSan Francisco, California, United States

A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.