Startup Name: MovoCash
Tagline: On Demand Mobile Banking App
Elevator Pitch: MovoCash, Inc. is a California-based financial technology company that offers an on demand mobile banking app, MOVO®. MOVO empowers customers to instantly send and spend money right from a mobile phone, even without a bank account. Unlike major competitors, MOVO accounts are FDIC insured through the issuing bank and offer unique fraud protection features like MovoCoin®, which provides an instant digital debit card that protects a user’s primary banking information. The MOVO® Digital Prepaid Visa® Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc.
Target Market: Financial freedom seekers
How will you make money?: Transaction Processing
How much capital have you raised?: 2-5m
Founder(s) Name: Eric Solis
Website: https://movo.cash
Twitter: @movocash
City/Country: Palo Alto, United States
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