Azlo Bank accounts close on March 31, 2021

4 points by tanelpoder ↗ HN
Just got this email:

"As we announced on Thursday, Jan. 7, Azlo will close, and we wanted to inform you that we will cease account operations on March 31, 2021."

2 comments

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From the previous discussion, they're owned by the same bank, BBVA, who own Simple Bank as well. Which is also closing, though no timeline has yet been given. Presumably Simple will be closing on the same date as well, then.
Definitely recommend checking out Novo -- also free, no minimums, no txn limits, and integrates with QBO, Stripe, Shopify, etc. Comes with invoicing, envelopes, and debit card. Not owned by a big bank. Most comparable business banking to Azlo vs some of the other players. https://banknovo.com/azlo

Disclosure: I do work at Novo