Philip Barrar Email and Phone Number
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.
Futuremoney
View-
Founder & CeoFuturemoney Feb 2023 - PresentFutureMoney 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. -
Chief Innovation OfficerMogo May 2021 - Dec 2022Vancouver, 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. -
Founder & CeoMoka Financial Technologies Feb 2016 - May 2021Montreal, 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. -
Entrepreneur In ResidenceFerst Capital Partners (Fcp) Jul 2015 - Feb 2016Montreal, 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. -
Co-Founder & CeoMypiece Media Inc. Feb 2014 - Apr 2015• 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. -
Founder & CeoSkipcr Jun 2013 - Jan 2015• 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.
-
PresidentConcordia Entrepreneurship And Management Association Sep 2008 - Jun 2011• 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
Philip Barrar Education Details
-
Concordia UniversityManagement
Frequently Asked Questions about Philip Barrar
What company does Philip Barrar work for?
Philip Barrar works for Futuremoney
What is Philip Barrar's role at the current company?
Philip Barrar's current role is Founder & CEO at FutureMoney. Repeat FinTech founder building financially-inclusive products..
What schools did Philip Barrar attend?
Philip Barrar attended Concordia University.
Free Chrome Extension
Find emails, phones & company data instantly
Aero Online
Your AI prospecting assistant
Select data to include:
0 records × $0.02 per record
Download 750 million emails and 100 million phone numbers
Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.
Start your free trial