Philip Barrar
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Philip Barrar Email & Phone Number

Founder & CEO at FutureMoney. Repeat FinTech founder building financially-inclusive products. at FutureMoney
Location: Greater Boston, United States 7 work roles 1 school
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Role
Founder & CEO at FutureMoney. Repeat FinTech founder building financially-inclusive products.
Location
Greater Boston, United States

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Philip Barrar is listed as Founder & CEO at FutureMoney. Repeat FinTech founder building financially-inclusive products. at FutureMoney, based in Greater Boston, United States. AeroLeads shows a matched LinkedIn profile for Philip Barrar.

Philip Barrar previously worked as Founder & CEO at Futuremoney and Chief Innovation Officer at Mogo. Philip Barrar holds Bachelor Of Commerce, Management from Concordia University.

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FutureMoney

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About Philip Barrar

Phil Barrar is on a mission to help people achieve their financial goals. As a hands-on, serial entrepreneur and founder with two successful exits under his belt, he’s always looking for innovative solutions that create value for consumers and companies alike, and is focused on building financially inclusive products for people around the world. With the ingenuity and drive to make ideas become reality through research, go-to market strategies, international outsourcing and team management, his direct experience ranges from product conceptualization and business development to full in-market execution—all as a bootstrapped entrepreneur. He’s an excellent communicator with proven people skills as demonstrated in successful idea pitching, fundraising and public-speaking. As CEO and founder of Moka (formerly Mylo), the leading Canadian investing app, Phil raised $17 million from major Canadian financial institutions, acquired an asset management firm with $250M in AUM, scored a deal on CBC’s Dragons’ Den and led the company’s international expansion to France in July 2020. His work is frequently featured in major Canadian media, including BNN, CBC, The Financial Post, Global, and The Globe and Mail. Phil has also been recognized as a leader in the space: he made the Bay Street Bull’s 30 under 30 list for 2018 and was a finalist for EY Entrepreneur of the Year 2018 and 2019. As an active entrepreneur, he speaks regularly to the startup and financial services industry as an expert on the future of finance, and he shares his valuable knowledge and expertise through mentorship, coaching, and angel investing.

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FutureMoney
Futuremoney
Founder & CEO at FutureMoney. Repeat FinTech founder building financially-inclusive products.
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7 roles

Philip Barrar work experience

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Founder & Ceo

Current

FutureMoney allows parents to invest in and secure their child’s future through our micro-investment platform. Our unique approach allows modest weekly deposits, as little as $5-10, to potentially accumulate over $1M by harnessing the power of time and compound interest. We've invented the Junior Roth IRA™, a new account type that enables tax-free growth for children's futures without earned employment income.Available directly from the App and Play Store. Contact me for embedded partnership opportunities.

Feb 2023 - Present

Chief Innovation Officer

Vancouver, Bc, Ca

• The first ever CIO at Mogo, focused on ensuring that both Moka and Mogo deliver the best possible customer experience via cutting-edge innovation.• Leading new projects to enhance Mogo’s product offering to their 1.6 million users and further solidify its position as Canada’s most comprehensive digital wallet. • Currently working on bringing to market a commission-free stock trading solution for Canadians.

May 2021 - Dec 2022

Founder & Ceo

Montreal, Quebec, Ca

• Founded in 2016, Moka (previously Mylo) is a user-friendly app that automatically rounds up everyday purchases and invests the spare change so you can achieve your financial goals.• Acquired Tactex Asset Management in 2017 to offer users the ability to invest their spare change in personalized, diversified portfolios of low-cost Exchange-Traded Funds. Moka members can invest through a TFSA, RRSP or non-registered account. Tactex currently manages over $250 million in Moka client assets. • Today, Moka is one of Canada’s most popular investing apps, it's been downloaded by over 1 million consumers and has earned over ten thousand 5-star reviews. • Company milestones include raising 17 million in funding from institutions such as Desjardins, Canada’s largest association of credit unions, and NAventures, the venture capital arm of National Bank, a rebrand from Mylo to Moka and expanding to France in July 2020.• To support Moka’s expansion into France, Moka acquired an asset management firm based in the Netherlands. • Moka made the 2019 KPMG Fintech 100 and was one of only 12 startups selected for the Mastercard Start Path program in May 2020.• Moka was acquired by Mogo (NASDAQ: MOGO), a Canadian digital payments and financial technology company, in May 2021.

Feb 2016 - May 2021

Entrepreneur In Residence

Montreal, Quebec, Ca

• Ferst Capital Partners is a leading Canadian financial technology investor that specializes in consumer fintech and digital assets.• Through ongoing ideation with FCP, Phil founded Moka in 2016. • After founding, early achievements included regulatory review, building a team, mapping the Canadian fintech market, customer discovery, idea and business model validation and building fundraising strategies.

Jul 2015 - Feb 2016

Co-Founder & Ceo

• Helping restaurants fill their seats during their off-peak hours, MyPiece filled a traffic gap by offering users instantaneous deals that are listed based on their proximity to the restaurant. The user does not need to purchase these discounts or reserve in advance.• Rapidly grew to 250 restaurants and 25,000 active users. • MyPiece was acquired in 2015.

Feb 2014 - Apr 2015

Founder & Ceo

Skipcr

• Founded and developed based on a change in regulation in 2013, SkiPCR is a fast and efficient way to digitally record injuries sustained on ski hills.• This solution recognized both the importance of securing patient health information and meeting new regulations.• As a bootstrapped entrepreneur, building this product included working within tight budget constraints, outsourcing, product development, marketing and sales.

Jun 2013 - Jan 2015

President

Concordia Entrepreneurship And Management Association

• Planned and organized events for 100+ people• Networked and established relationships within the Montreal business community• Played a pivotal role developing entrepreneur curriculum• Set and operated within budgets

Sep 2008 - Jun 2011
1 education record

Philip Barrar education

  • Concordia University
    Concordia University
    Management
FAQ

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What company does Philip Barrar work for?

Philip Barrar works for FutureMoney.

What is Philip Barrar's role at FutureMoney?

Philip Barrar is listed as Founder & CEO at FutureMoney. Repeat FinTech founder building financially-inclusive products. at FutureMoney.

Where is Philip Barrar based?

Philip Barrar is based in Greater Boston, United States while working with FutureMoney.

What companies has Philip Barrar worked for?

Philip Barrar has worked for Futuremoney, Mogo, Moka Financial Technologies, Ferst Capital Partners (Fcp), and Mypiece Media Inc..

How can I contact Philip Barrar?

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What schools did Philip Barrar attend?

Philip Barrar holds Bachelor Of Commerce, Management from Concordia University.

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