Founder & Ceo
CurrentMOVO 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 68 million strong Underbanked US consumer market. With MOVO, customers send money to friends and family directly from a mobile device to any recipient (Banked or Underbanked), who can immediately redeem the value to pay bills or make retail purchases. Unlike other popular ledger-based P2P transfer services, no bank account is required for either the sender or the receiver, and the funds are instantly available for redemption. With its one-of-a-kind digital cash equivalent, MovoCoin, a virtual card can be generated by customers directly on their mobile devices and spent in-store and online.