Found vs Novo: what each publishes
As of October 7, 2026
The published rules of Found and Novo, side by side: which industries each excludes or accepts, where owners must live, which countries each names, the licence each holds and the fees each publishes. Each answer links to the page that quotes the rule with the date we read it.
This is not a ranking, and the two names are in alphabetical order. Either provider may still decline your company because of its activity, where it is registered, where its owners live or which licence it holds. The free check applies the rules of every provider in our base to your answers.
Policy by industry
| Industry | Found | Novo |
|---|---|---|
| Crypto | No published rule | Depends on the activity |
| iGaming | No | No |
| Adult | No published rule | No |
| Unlicensed financial services | No | No |
| AI and SaaS | No published rule | No published rule |
| Forex and CFD | No | No |
| Marketplace | No published rule | No published rule |
NovoLicence
| Licensee | Found | Novo |
|---|---|---|
| Licensee | Indie Technologies, Inc. (Found) · financial technology company, not a bank · banking services by Lead Bank (FDIC cert 8283), Member FDIC | Novo Platform Inc. · financial technology company, not a bank · banking services by Middlesex Federal Savings, F.A. (FDIC cert 28368), Member FDIC |
| Regulator | FDIC (partner bank Lead Bank) · | FDIC (partner bank Middlesex Federal Savings) · |
Where owners must live
Found
The Account is available to United States citizens or lawful permanent residents of the fifty (50) United States (“U.S.”) or the District of Columbia who are at least eighteen (18) years of age, have a U.S. physical address or with military addresses (APO or FPO), and have a valid social security number or tax identification number.
Rules about countries
Found
No published rule
Novo
No published rule