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Airwallex vs Novo

Updated June 2026 · A structured head-to-head comparison.

Global business accounts and payments.

Banking for small businesses.

The verdict

Both Airwallex and Novo are credible business banking tools, and the right pick comes down to your priorities.

Airwallex — Global business accounts and payments.

Novo — Banking for small businesses.

Airwallex vs Novo: side by side

DimensionAirwallexNovo
Starting priceFreeFree
Free planYesYes
Pricing modelUsage-basedFree
Best forGlobal Business, EcommerceSmall Business, Freelancers
PlatformsWeb, Ios, Android, ApiWeb, Ios, Android
Rating4.3/54.3/5

Airwallex key facts

Vendor
Airwallex
Pricing
Usage-based — Free
Free tier
Yes
Platforms
Web, Ios, Android, Api
Best for
Global Business, Ecommerce
Editor rating
4.3 / 5
Founded
2015
Headquarters
Singapore

Novo key facts

Vendor
Novo
Pricing
Free — Free
Free tier
Yes
Platforms
Web, Ios, Android
Best for
Small Business, Freelancers
Editor rating
4.3 / 5
Founded
2018
Headquarters
Miami, FL, USA

Frequently asked questions

Is Airwallex better than Novo?

Neither is universally better — Airwallex edges ahead on overall rating, but the best choice depends on price, platforms, and your use case. See the side-by-side table above.

Is Airwallex or Novo cheaper?

Airwallex is the more affordable of the two to get started, at free. Airwallex starts at free; Novo starts at free.

Can Airwallex replace Novo?

Yes for most teams — both are business banking tools with heavily overlapping features. The main trade-offs are pricing and platform support, covered in the comparison above.