Born in Silicon Valley / PodBean · Jun 2024
Podcast interview with Aldrin Clement about Novel's origin, mission, and product direction for international founders.
Novel is your international business bank account
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Novel (Novel Financial, Inc.) is a fintech/business-banking platform for international founders and global businesses. It offers U.S. business accounts, multi-currency wallets, payouts, cards, invoicing, and accounting integrations. Public sources disagree on some metrics (notably HQ and revenue), so unsupported or conflicting items are left null or described conservatively.
Primary product
International business bank account / business banking platform
Founded
2021
Headquarters
New York, New York, United States
Team size
1-10
Industry
Software Development
Sub-industry
Financial Technology / Business Banking
Offices
Business model
Stage
Seed
Total raised
$6M
Latest round
Seed · Apr 2022
Latest amount
$6M
Apr 2022 · Lerer Hippeau
Aug 2020 · Y Combinator
Investors
Pricing
Public pricing is not fully itemized; Novel appears plan/subscription-based (including a Plus plan), with a stated transfer fee of 0.35% above interbank and value economics from interest/cashback on balances and spend.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Public estimates conflict: GetLatka says about $2M revenue (2024) while Extruct AI estimates about $10M.
Estimated monthly visits
3.7K
Traffic estimate as of Jul 2026
Born in Silicon Valley / PodBean · Jun 2024
Podcast interview with Aldrin Clement about Novel's origin, mission, and product direction for international founders.
Y Combinator · Mar 2023
Launch post describing Novel as an international business bank account for global businesses, founded by Aldrin and Paul, with U.S. business banking, multi-currency accounts, global payouts, and smart debit cards.
LinkedIn · Sep 2022
Founder update stating Novel had passed $150M in annual platform volume and was being used by 1,000+ global businesses in 100+ countries.