Novel

Novel, previously known as Jumpstart Filings Inc., operates in the fintech industry, specifically within the banking and exchange sub-industry. The company is headquartered in Minneapolis, MN, with additional offices in New York, NY, and Austin, TX, and offers remote work options. Novel provides financial services through its website, including demand deposit accounts and debit cards in partnership with various financial institutions. The company’s infrastructure is entirely hosted on Amazon Web Services (AWS), ensuring robust end-to-end security and privacy features. Novel is SOC2 compliant, with organizational and technology controls independently audited at least annually. Security measures include encryption of all data in transit using TLS 1.2 and at rest using AES-256-GCM. Novel also runs a bug bounty program through Federacy to manage security vulnerabilities and maintains strict access controls with application logs that monitor employee access to customer data. To further secure its services, Novel requires physical security keys for employee logins and mandates that all employees complete security training and undergo background checks. The company’s commitment to security is balanced with a focus on maintaining high application performance and optimal user experience.