Startups
MOVO combines a free mobile bank account, peer-to-peer (P2P) money transfer, and mobile payments to deliver a P2P2P™ (Peer-2-Peer-2-Purchase) solution for the 80 million strong Under-banked Millennial Generation. The application leverages proprietary robotic payments technology to create on demand issuance of digital prepaid & gift cards.
Overview
Employees
11-50
Total raised
$2.5M
Founded date
2014
Investors 1
| Date | Name | Website |
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Funding Rounds 2
| Date | Series | Amount | Investors |
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| Feb 23, 2016 | Funding round | $700K |
Mentions in press and media 4
| Date | Title | Description |
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| Apr 4, 2016 | Fintech: Startups Bring Retail Banking to Mobile | As highlighted in our recent post about insurance management startups, customers often are not satisfied with level of services currently provided by high street players. Bad customer experiences, hidden fees and high costs are the main fac... |
| Feb 23, 2016 | Daily funding roundup - February 23, 2016 | Namely raised additional $30M; Team8 secured $23M; SOCi received $2.25M funding SOCi, provider of a social media management tool, raised a $2.25 million round of funding to tack onto its $1.5 million Series A from November 2014. The origina... |
| Feb 23, 2016 | Movo Raises $700K in Funding | Movo (incorporated as MovoCash, Inc.), a Palo Alto, CA-based payments startup, raised $700K in initial funding. Backers included: – Eric Solis (co-founder & CEO), – Daniel Kjellen (co-founder & CMO), – Cox Orange Investment Ltd. as ... |
Reviews 0
FAQ about MovoCash, Inc
When was MovoCash, Inc founded?
MovoCash, Inc was founded in 2014.
How much funding has MovoCash, Inc raised?
MovoCash, Inc has raised $2.5M in total across 2 funding rounds.
What funding rounds has MovoCash, Inc raised?
Parsers VC lists 2 funding rounds of MovoCash, Inc, among them a funding round of $700K on Feb 23, 2016.
What has the press written about MovoCash, Inc?
Parsers VC has collected 4 articles mentioning MovoCash, Inc, among them “Fintech: Startups Bring Retail Banking to Mobile” (Apr 4, 2016) and “Daily funding roundup - February 23, 2016” (Feb 23, 2016).
Is MovoCash, Inc still active?
Yes, MovoCash, Inc is active; its latest activity on Parsers VC dates from Sep 7, 2016.