June 18, 2024
 min read

Ruby Money is joining Novo 🎉

Today marks an exciting milestone for Ruby Money as we announce that we have been acquired by Novo, a trailblazing fintech platform that shares our mission of empowering small businesses to thrive.

When Ruby Money started three years ago, we set out to tackle one of the biggest pain points faced by solopreneurs: the time-consuming and stressful process of self-employed taxes. Since then, we've had the privilege of helping thousands of business owners save time and stay compliant, with our customers reporting an average of 20 hours and thousands of dollars saved per month on bookkeeping and taxes.

Now, by joining forces with Novo, we have the opportunity to take our impact to the next level. Novo's all-in-one financial management platform, designed specifically for small businesses, is the perfect complement to our tax automation technology. 

Together, we'll be able to provide automated workflows for your business that not only handles quarterly taxes but also streamlines banking, accounting, payroll, invoicing, and more from one platform. 

We couldn't be more excited about the possibilities ahead. But we also recognize that this transition marks a big change, and we want to make sure our valued customers are fully supported each step of the way.

Here's what you can expect:

  • The Ruby Money app will be sunset on June 30th as we integrate our technology into Novo's platform. 
  • Novo currently offers a great feature called Reserves where you can set a percentage of your income to be automatically put aside for taxes and retirement. 
  • As a Ruby Money customer, you have the opportunity to seamlessly transition to Novo and take advantage of their suite of financial tools. We encourage you to sign up for a Novo account and set up your reserves. Step-by-step instructions can be found here.
  • Our dedicated support team is standing by to assist you through this process. You can reach us at hello at rubymoney.us. 

To our customers: 

Thank you. Your passion, ingenuity, and trust have been our driving force since day one. I've learned so much from working with each of you, and your success stories fuel our motivation to dream bigger. As we take this next step with Novo, we remain deeply committed to supporting your journey by providing best-in-class financial tools so you can focus on what you do best — building your business.

As always, please don't hesitate to reach out with any questions. We're here for you.

Keep Thriving, 

Angie Moody

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