BehindMLM first reviewed Novae again in 2016. The corporate we reviewed not exists, with Novae rebranding as “Novae: The Credit score and Cash Firm” early final yr.
Novae’s name-change coincided with the corporate becoming a member of the DSA. To maintain issues easy we’ll proceed to check with the corporate as Novae Cash.
On the request of a reader again in October, right now we’re revisiting Novae for an up to date evaluate.
The Firm
Novae initially operated from the area “wearenovae.com”. Immediately Novae Cash operates from “novaemoney.com”. The area was first registered in 2014 however the personal registration was final up to date on December fifth, 2025.
Novae Cash is predicated out of Georgia and was based by Reco McDaniel (proper).
It’s famous that right now McDaniel cites himself as “Reco McCambry” on Novae Cash’s web site.
Unsure what’s occurring there however McDaniel/McCambry goes by “Reco McDaniel McCambry” on social media. It’s Reco M. McCambry on LinkedIn.
BehindMLM lined McCambry’s MLM historical past in our authentic Novae evaluate. Seeing as McCambry remains to be working Novae as Novae Cash, there’s nothing to replace there.
To its credit score, neither Novae or Novae Cash seem to have obtained any regulatory warnings or enforcement actions since launch.
Novae Cash’s Merchandise
In some unspecified time in the future Novae Cash removed its “Sprayology” vitamin sprays to concentrate on its monetary choices.
From Novae Cash’s web site;
Novae is a fintech firm that gives larger entry to credit score, capital, and entrepreneurship for customers and small companies nationwide.
To that finish, Novae Cash’s web site lists monetary companies focusing on customers and companies:
Client Finance
- Debt Assist – “serving to scale back your month-to-month debt cost by as much as 50%”
- Credit score Playing cards – “evaluate and select gives from prime suppliers to search out the bank card that fits your wants”
- Private Loans – “submit one software and be thought of by 30+ banks with out hurting your credit score rating!”
- Life Insurance coverage – entry to Policygenius “that will help you discover the right life insurance coverage coverage that matches your wants and price range”
- Will Property Plan – “custom-made, state-specific Wills for people or {couples}”, retails at $199 for people or $299 for {couples}
- Belief Property Plan – “create a Dwelling Belief on-line that covers every part”, retails at $499 per particular person or $599 for {couples}
- Financial savings Accounts – “evaluate the High Financial savings Accounts of 2025”
- Auto Mortgage Refinance – “get matched with auto mortgage refinancing gives in lower than 60 seconds”
- Scholar Mortgage Refinance – “get matched with scholar mortgage refinancing gives in lower than 60 seconds”
- myNovaeCredit Monitoring – “be taught How you can BUILD, TRACK, and BOOST Your Credit score Rating with myNovaeCredit Monitoring”
- myNovaeDisputes Supervisor – “makes fixing your credit score and probably rising your credit score rating a easy course of”
- No Curiosity Money Advance Loans – “entry as much as $150/day, with a max of $750 between paydays”
Small Enterprise Finance
- Enterprise Credit score – “separate your enterprise out of your private credit score with a confirmed, step‑by‑step system”, retails at $995 for a DIY Suite or $2495 for a Guided Suite (“private teaching & assist” with a “$50,000 funding alternatives assure”)
- Enterprise Funding – “Novae gives funding for companies in all 50 states nationwide”
- Client Financing – “provide financing choices with Novae to extend your conversions and income and pay 0% service provider charges”
- Enterprise Debt Assist – “scale back enterprise debt funds as much as 90%”
- Grants and Govt Loans – “get entry to probably the most related funding in your group“
- Free Enterprise Registration – “type your LLC with out the trouble, worry-free … solely pay state charges, we’ll take you thru each step”, further $299 “Important” and $499 “Elite” upsells out there
- Enterprise Important Companies – “we and our trusted companions provide a collection of services and products to assist get your enterprise shifting”
- Trip Incentives Program – “harness the facility of trip incentives”, $99 to $495 annual subscription primarily based on incentives chosen (incentive certificates have to be given away, can’t be bought)
As is typical with monetary companies, upfront pricing shouldn’t be supplied for many of Novae Cash’s companies. That is because of the customized nature of the companies provided.
I’ve included retail pricing above the place out there. The opposite companies both act as a funnel to Novae Cash promoters or require submission of private particulars for a quote.
Novae Cash’s monetary companies platform will also be white labeled for $24,995 or co-branded for $2499 to $4499.
Lastly I’m noting Novae Cash’s compensation plan additionally references “inspirational MP3s”. These value $15 with no particulars supplied.
Novae Cash’s Compensation Plan
Novae Cash pays commissions on monetary companies bought to retail prospects and recruited promoters.
Novae Cash’s compensation plan ties residual commissions to rank. A Automobile Bonus and extra bonuses can be found for larger ranked promoters.
Notice Novae Cash’s compensation plan caps fee per buyer at “$3000+”. Earnable commissions on recruited promoters is “as much as $600”.
Novae Cash Promoter Ranks
There are sixteen promoter ranks inside Novae Cash’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – generate and preserve 40 PV a month
- Senior Affiliate – preserve 40 PV a month, generate 1 or extra month-to-month Buyer Factors, recruit 1 Affiliate or larger and generate and preserve 160 GV a month
- Advisor – preserve 40 PV a month, preserve 1 or extra month-to-month Buyer Factors, recruit 3 Associates or larger and generate and preserve 520 GV a month
- Senior Advisor – generate and preserve 60 PV a month, generate 2 or extra month-to-month Buyer Factors, preserve 3 personally recruited Associates or larger and generate and preserve 2500 GV a month
- Regional Advisor – preserve 60 PV, 2 Buyer Factors a month and three personally recruited Associates or larger, and generate and preserve 5000 GV a month
- Nationwide Advisor – preserve 60 PV a month and a pair of Buyer Factors a month, recruit 4 Associates or larger and generate and preserve 7500 GV a month
- Gross sales Director – generate 100 PV a month, 5 month-to-month Buyer Factors, recruit 5 Associates or larger and generate and preserve 10,000 GV a month
- Senior Gross sales Director – preserve 100 PV a month, generate 10 or extra month-to-month Buyer Factors, recruit 6 Associates or larger and generate and preserve 20,000 GV a month
- Regional Gross sales Director – preserve 100 PV a month and 6 personally recruited Associates or larger, generate 15 or extra month-to-month Buyer Factors and generate and preserve 40,000 GV a month
- Nationwide Gross sales Director – preserve 100 PV and 15 month-to-month Buyer Factors, recruit 7 Associates or larger and generate and preserve 80,000 GV a month
- Government Gross sales Director – preserve 100 PV a month and seven personally recruited Associates or larger, generate 20 or extra month-to-month Buyer Factors and generate and preserve 120,000 GV a month
- Vice President – preserve 100 PV a month, 7 personally recruited Associates or larger and 20 month-to-month Buyer Factors, and generate and preserve 160,000 GV a month
- Senior Vice President – preserve 100 PV a month, 7 personally recruited Associates or larger and 20 month-to-month Buyer Factors, and generate and preserve 240,000 GV a month
- Regional Vice President – preserve 100 PV a month, generate 30 or extra month-to-month Buyer Factors, recruit 8 Associates or larger and generate and preserve 320,000 GV a month
- Government Vice President – preserve 100 PV a month, 8 personally recruited Associates or larger and 30 month-to-month Buyer Factors, and generate and preserve 480,000 GV a month
- Senior Government Vice President – preserve 100 PV a month, 8 personally recruited Associates or larger and 30 month-to-month Buyer Factors, and generate and preserve 640,000 GV a month
- Presidential Ambassador & Managing Companion (precise rank title) – preserve 100 PV a month, generate 40 month-to-month Buyer Factors, recruit 10 Associates or larger and generate and preserve 1,000,000 GV a month
PV stands for “Private Quantity”. PV is gross sales quantity generated by monetary companies gross sales to retail prospects and recruited Novae Cash promoters.
GV stands for “Group Quantity”. GV is a Novae Cash promoter’s PV and that of their downline.
Notice Novae Cash imposes the next GV restrictions:
- for Senior Advisor to Gross sales Director, not more than 50% of required GV can come from anyone recruitment leg
- for Senior Gross sales Director to Nationwide Gross sales Director, not more than 45% of required GV can come from anyone recruitment leg
- for Government Gross sales Director and Vice President, not more than 40% of required GV can come from anyone recruitment leg
- for Senior Vice President and better, not more than 35% of required GV can come from anyone recruitment leg
Direct Service Commissions
Novae Cash pays a fee on monetary companies bought to retail prospects and recruited promoters:
- CreditLikes referral – $100 per signup
- myNovaeDisputes Supervisor – $100 per signup
- NM Enterprise Credit score Finance Suite – $500 per signup
- NM Enterprise Credit score Finance Suite DIY – $200 per signup
- White Label Companion Program – $3000 per signup
- Co-brand/co-brand MAX program – $500 or $900 per signup
- Taxable referral – 50% of third-party fee
- Novae Financing Program – $100 per signup after which $5 a month
- Life Insurance coverage – $50 per signup
- Will & Belief $20 or $50 per signup
- Enterprise Funding – 35% of third-party fee
- Private Loans – 35% of third-party fee
- Client Monetary Merchandise – 35% of third-party fee
- Enterprise Registration – $50, $100 or $150
- EIN, trademark, enterprise license or gross sales tax platform – 50% of third-party fee
- Enterprise Important Companies – 10% per signup
- Trip Incentives or bundle – $35 or $200
- Novae Debt Assist – 1% per signup
- Enterprise Debt Assist – 50% per signup
- Inspirational MP3s – $5 per signup
Buyer Acquisition Bonus
Novae Cash’s Buyer Acquisition Bonus is paid on Buyer Factors generated by way of gross sales of companies to retail prospects and recruited promoters.
Each service besides the Novae Financing month-to-month payment and Life Insurance coverage generates 1 Buyer Level.
Apart from stating a Novae Cash Promoter should generate 2 Buyer Factors inside their first 60 days, how the Buyer Acquisition Bonus is paid out is considerably complicated.
- Associates earn a $100 Buyer Acquisition Bonus (on 2 Buyer Factors?)
- Senior Associates earn $180 with an $80 override
- Consultants earn $250 with a $150 override
- Senior Consultants earn $380 with a $280 override
- Regional Consultants earn $430 with a $330 override
- Nationwide Consultants earn $480 with a $380 override
- Gross sales Administrators earn $500 with a $400 override
- Senior Gross sales Administrators earn $520 with a $420 override
- Regional Gross sales Administrators earn $530 with a $430 override
- Nationwide Gross sales Administrators earn $540 with a $440 override
- Government Gross sales Administrators earn $550 with a $450 override
- Vice Presidents earn $560 with a $460 override
- Senior Vice Presidents earn $570 with a $470 override
- Regional Vice Presidents earn $580 with a $480 override
- Government Vice Presidents earn $590 with a $490 override
- Senior Government Vice Presidents earn $595 with a $495 override
- Presidential Ambassadors and Managing Companions earn $600 with a $500 override
Some notes:
- Novae Cash has an affiliate solely join choice (single-level commissions, no MLM), these promoters earn half Buyer Acquisition Bonuses (together with overrides);
- Novae Cash’s compensation plan states, “new Associates and Prospects should generate a minimal quantity of income for the sponsoring and up-line Affiliate Execs to keep up their CAB commissions” (no minimal quantity of income is said);
- no person is qualifying at Managing Companion in 60 days so it’s assumed the Buyer Acquisition Bonus can nonetheless be earned if certified for inside 60 days of signing up (this isn’t defined);
Rank Commissions
Beginning at Senior Affiliate, Novae Cash pays a month-to-month Rank Fee:
- Senior Associates obtain $50 a month
- Consultants obtain $250 a month
- Senior Consultants obtain $650 a month
- Regional Consultants obtain $750 a month
- Nationwide Consultants obtain $1000 a month
- Gross sales Administrators obtain $2000 a month
- Senior Gross sales Administrators obtain $4000 a month
- Regional Gross sales Administrators obtain $6000 a month
- Nationwide Gross sales Administrators obtain $10,000 a month
- Government Gross sales Administrators obtain $15,000 a month
- Vice Presidents obtain $20,000 a month
- Senior Vice Presidents obtain $20,000 a month
- Regional Vice Presidents obtain $25,000 a month
- Government Vice Presidents obtain $40,000 a month
- Senior Government Vice Presidents obtain $50,000 a month
- Managing Companions obtain $110,000 a month
Residual Commissions
Novae Cash pays residual commissions on some monetary companies.
These commissions are paid throughout “generations”, which isn’t outlined. I’m taking this to imply it’s a unilevel compensation construction (i.e. generations = ranges).
A unilevel compensation construction locations a promoter on the prime of a unilevel workforce, with each personally recruited promoter positioned instantly below them (stage 1):
If any stage 1 promoters recruit new promoters, they’re positioned on stage 2 of the unique promoter’s unilevel workforce.
If any stage 2 promoters recruit new promoters, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Novae Cash caps payable residual commissions at ten on some monetary companies as follows:
- CreditLikes Referral – $3 on ranges 1 to five and $2 on ranges 6 to 10
- myNovaeDisputes Supervisor – $2 on ranges 1 to five and $1 on ranges 6 to 10
- NM Enterprise Credit score Finance Suite – $30 on ranges 1 to five and $20 on ranges 6 to 10
- White Label Companion Program – $100 on ranges 1 to 10
- Co-Model / Co-Model MAX Program – $30 on ranges 1 to five and $20 on ranges 6 to 10, or $54 on ranges 1 to five and $36 on ranges 6 to 10
- Novae Financing Program – $3 on ranges 1 to five and $2 on ranges 6 to 10
- BusinessFunding – 2% on ranges 1 to five and 1% on ranges 6 to 10
- Private Loans – 2% on ranges 1 to five and 1% on ranges 6 to 10
- Client Monetary Merchandise – 2% on ranges 1 to five and 1% on ranges 6 to 10
- Novae Debt Assist – .06% on ranges 1 to five and 0.04% on ranges 6 to 10
Notice with respect to debt assist, Novae Cash promoters obtain a bonus the extra debt they refer;
Bonus 0.25% is given when complete enrolled debt crosses over $1 million in a single month and a further 0.25% when debt crosses over $1.5 million.
Becoming a member of Novae Cash
Novae Cash promoter membership is $349 after which $99 a month
Automobile Bonus
Novae Cash rewards Senior Gross sales Administrators and better with a month-to-month Automobile Bonus.
From Novae Cash’s compensation plan documentation:
As a way to obtain the luxurious automotive bonus, Affiliate should qualify two month-to-month consecutively for the rank stage.
After this, affiliate will obtain the bonuses affiliate with that rank stage for a luxurious automotive of their alternative that’s both BMW, Mercedes Benz or Audi on the fifteenth of every certified month.
- qualify at Senior Gross sales Director and obtain a month-to-month $400 Automobile Bonus
- qualify at Vice President and obtain a $750 month-to-month Automobile Bonus
- qualify at Senior Vice President and obtain a $1500 month-to-month Automobile Bonus
- qualify at Regional Vice President and obtain a $3000 month-to-month Automobile Bonus
Rank Achievement Bonuses
Along with the Automobile Bonus, Government Vice Presidents and better qualify for the next Rank Achievement Bonuses:
- qualify at Government Vice President and obtain a $3000 a month mortgage cost
- qualify at Senior Government Vice President and obtain entry to an “funding group”
- qualify at Managing Companion and obtain “firm inventory”
Novae Cash Conclusion
Like most MLM monetary companies corporations, Novae Cash’s compensation plan fails the headache take a look at. That’s to say, making an attempt to grasp it, not to mention clarify Novae Cash’s compensation plan to anybody, is prone to carry on a headache.
This isn’t essentially Novae Cash’s fault, it’s the results of promoting a bunch of third-party monetary companies every with their very own inner fee and bonus constructions.
On a sliding scale Novae Cash’s compensation plan isn’t the worst I’ve seen, but it surely’s positively extra sophisticated than a typical MLM compensation plan.
A lot in order that, at occasions, Novae Cash appears confused by its personal plan:
One factor that stood out is Novae Cash recruitment necessities kicking in at simply the second rank. We sometimes see this in binary compensation plans, as with out two recruited there’s no binary workforce.
In Novae Cash there’s no want for recruitment so I’m pondering this is perhaps a sign nearly all of monetary service gross sales are to recruited promoters.
This will simply be verified by asking your potential Novae Cash upline what number of lively retail prospects they’ve, versus recruited promoters paying for monetary companies.
You’re searching for a cut up favoring retail prospects. If it’s the opposite method round (loads of recruits however hardly any retail prospects), the Novae Cash promoter is working their enterprise as a pyramid scheme.
This might be the common or simply that promoter – both method, keep away from.
It must be famous that I introduced up the identical concern in BehindMLM’s authentic Novae evaluate;
If WakeUpNow taught us something, it’s {that a} subscription-based eclectic mixture of services and products has little to no retail attraction.
Novae have swapped out WakeUpNow’s vitality drink for homeopathic sprays. Whereas the Thunder vitality drink was not less than a consumable, Sprayology merchandise appear extra a novelty.
Near or 100% of subscribers being Novae associates constitutes a chain-recruitment scheme. And given how WakeUpNow turned out, I’d be fairly shocked to be taught Novae have turned that round.
Additionally when you your self can’t get your head round Novae Cash’s compensation plan, assume twice about signing up. An MLM enterprise shouldn’t be one thing you roll the cube on and hope every part works out cash clever.
From Novae Cash’s compensation documentation;
The common participant on this enterprise earned $1408 in 2023.
That you must monitor your time, how a lot you’re incomes on that point and the place that cash is coming from. If you happen to can’t establish all three clearly, that’s a serious pink flag with respect to optimizing your Novae Cash enterprise.
WakeUpNow was a recruitment-driven scheme launched in 2009. With little to no retail exercise happening, WakeUpNow misplaced hundreds of thousands of {dollars} earlier than lastly collapsing in early 2015.
WakeUpNow is of specific significance as a result of, a number of months earlier than it collapsed, McDaniel left WakeUpNow and launchd Novae.
I’ll wrap up with Novae Cash’s provide of unregistered shares to prime ranked promoters:
Novae Cash is a US firm and, so far as I do know, Reco McDaniel McCambry is a US nationwide.
A search of the SEC’s Edgar database reveals neither Novae Cash or McCambry/McDaniel is registered with the SEC. This makes Novae Cash’s provide of shares not solely digital but in addition unlawful.
Additionally an MLM firm providing entry to a “personal funding group” sounds dodgy as hell (in all probability additionally unlawful as Novae Cash isn’t registered as an funding advisor within the US).
Strategy with warning.
