Founded in 2014, 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. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
Startup Name: MovoCash.
Location: Palo Alto.
Industry: Banking, Financial Services and Insurance.
Founder: Eric Solis.
Year started: 2014.
Target Market: Financial freedom seekers