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MovoCash – On Demand Mobile Banking App

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From the archive · This story retains its original publication date. Company information may have changed.

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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