AI Indexes
Finance AI Index
Index › Treasury and cash › Business banking › Novo vs Brex
Business banking · October 2026 Edition

Novo vs Brex

Zero of fourteen models named Novo first on the direct prompt; zero named Brex. Novo was named by eleven of the fourteen models and Brex by twelve and both carry 22 labels, so the shares below are directly comparable.

Novo

accepted challenger

Named in one category this edition.

Brex

accepted challenger

Named in eleven categories this edition.

First-choice share10%4%Of first choices across the direct, paraphrase, budget and scale prompts, 0 to 100.
Negative rate5%9%Negative labels as a share of the product's labels, 0 to 100.
Rank in category#4#7A position in a field of 14; printed, not drawn.
Labels2222Equal, which is what makes the shares comparable.
The two percentage rows are drawn on one 0 to 100 track, Novo reading right to left. Rank and label count are printed, not drawn.Bank of America was named alongside these two in eight of the fourteen direct answers. Mercury vs Novo · Mercury vs Brex · Rho vs Novo

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen models, for a mid-market B2B company; rank is within the category; every quote names the model and the prompt it came from. Both figures come from the business banking page.

By framing

How many of the fourteen models made each the first choice, per way of asking, and how many argued against it.
NovoFirst choices, of fourteen modelsBrex
Direct002 against Brex
Paraphrase02
Comparative00
Budget-constrained50
Scale-constrained00
Negative101 against Novo
Bars are first choices, 0 to 14 each sideModels that argued againstA model can name both, so the two sides of a row do not sum to fourteen.

Every model, every framing

The eighty-four answers behind the chart above, one cell each: where Novo and Brex stood in it.
ModelDirectParaphraseComparativeBudget-constrainedScale-constrainedNegative
Claude Haiku 4.5
GPT-5.4 mini
Gemini 3.5 Flash
Perplexity Sonar
Grok 4.1 Fast
Mistral Small
DeepSeek V4 Flash
Llama 4 Maverick
Qwen 3.7 Flash
Kimi K2
GLM 4.7 FlashX
MiniMax M2.5
GPT-6 Luna
Muse Glimmer 30B
Novo Brex first choice named as an alternative argued againstblank: not namedEach cell is one answer, Novo on the left and Brex on the right.

The direct prompt

The plain question, one answer per model, grouped by where Novo and Brex stood in it.

Neither was the first choice, one was named

4 of 14 modelsThe answer put something else first and named one of the two as an alternative.
Gemini 3.5 FlashRho alternatives: Bank of America, Brex, Chase Business Banking, Mercury, Ramp
Perplexity SonarRho alternatives: Airwallex, Brex, Capital One Enhanced Checking
Kimi K2Chase Performance Business Checking alternatives: Brex, Mercury, Relay
GLM 4.7 FlashXMercury alternatives: Airwallex, Bank of America, Brex, Chase Business Banking

Neither was named

10 of 14 modelsThe answer made no first choice from these two in this category.
Claude Haiku 4.5Chase Business Banking alternatives: Bluevine Premier Business Checking, KeyBank, Relay
GPT-5.4 miniJ.P. Morgan Commercial Banking alternatives: Bank of America, Wells Fargo Commercial Banking
Grok 4.1 FastChase Business Banking alternatives: Bank of America, Capital One
Mistral SmallCapital One alternatives: PNC Bank Treasury Enterprise Plan, Truist Bank, Wells Fargo
DeepSeek V4 FlashBank of America, Chase Business Banking alternatives: Capital One
Llama 4 Maverickno first choice
Qwen 3.7 FlashRamp alternatives: Aspire, Bank of America, Chase Business Banking, Mercury, Oxygen Banking
MiniMax M2.5PNC Bank alternatives: Capital One, First Internet Bank, Rho, Wise Business
GPT-6 LunaJ.P. Morgan Commercial Banking alternatives: Bank of America, Citibank, U.S. Bank
Muse Glimmer 30BBank of America, Chase Business Banking

Bold names in an answer are the products the judge labeled a first choice; a model naming several gives each of them that label. The full answer text for every row is in the record.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment and they are never added together. The figures above are the mid-market standing, which is the one the category orders by.
Small business
Novo leads by seven points.
Novo11%#3 of 12
Brex4%#6 of 12
The full small business standing →
Mid-marketThe figures above
Novo leads by six points.
Novo10%#4 of 14
Brex4%#7 of 14
The full mid-market standing →
Enterprise
The order flips: Brex leads at enterprise.
Brex17%#2 of 11
Novo0%#– of 11
The full enterprise standing →

What the models said about Novo

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. Four of five in this category shown.

“Online platforms like Novo or Lili are great for lean startups, but they lack a physical branch presence.” Gemini 3.5 Flash · negative prompt · soft negative
“Zero-cost digital first: Novo or American Express Business Checking if you want 100% free with no minimums and no fees on ACH/wires.” Muse Glimmer 30B · budget prompt · first choice
“Opt for established options like Novo, Lili, or traditional banks (e.g., Wells Fargo) with fewer closure complaints.” Grok 4.1 Fast · negative prompt · first choice
“If you want a simple, fee‑free online account: Go with Novo, Bluevine, or Lili.” GLM 4.7 FlashX · budget prompt · first choice

What the models said about Brex

Every negative label with a quote, up to three, then the highest-weighted positives, up to three. One of one in this category shown.

“I would generally recommend Brex if you want an all-in-one platform for banking, cards, treasury, and spend management” Perplexity Sonar · paraphrase prompt · first choice
Also compared

Comparisons are drawn for the top eight products in each category, each against each. The output is the models' output; nothing here is a recommendation by the index.