Moven
 | |
| Industry | Fintech |
|---|---|
| Founded | 2011 |
| Founder | Brett King, Alex Sion |
| Headquarters | United States |
| Products | Integrated PFM BaaS Companion Apps |
Movencorp also referred to as Moven, is a fintech company working with banks, credit unions and fintechs.
History[edit]
Moven was co-founded in 2011 by Brett King, author of the Bank 2.0, Bank 3.0 and Bank 4.0 books and others.[1][2]
In August 2012, Moven announced that it had closed a $2.4 million seed investment round,[3] funded by Moven's founders, Anthemis Group, Raptor Ventures, Kevin Plank (CEO of Under Armour), and a syndicate of Singaporean investors.[4] In 2013, a fintech VC fund Life.SREDA invested $2 million in the Movenbank.[5] Also in 2013, Moven launched its mobile banking and mobile payment services.[citation needed]
In 2020, Moven closed its Neobank operations to refocus its efforts on white label B2B efforts with financial institutions and fintechs. The company continues to operate as a digital banking and financial technology application developer, providing financial institutions and fintechs with APIs and SDKs.
in 2021 a new management team was formed with Richard Radice transitioning to CEO and fintech veteran Bryan Clagett, joining as CRO.
Media coverage[edit]
Moven has been featured in American Banker,[6] BetaKit,[7] BRW,[8] and PSFK.[9]
Brett King also hosts the #1 Fintech radio show and podcast Breaking Banks.[10]
References[edit]
- ^ Myers, Courtney. "Movenbank: The world's first cardless bank launches in Alpha". The Next Web. Retrieved 18 January 2013.
- ^ Movenbank deposits .4 million of seed capital
- ^ Mobile banking company Movenbank seals $2.41m seed funding | AltAssets Private Equity News
- ^ Finkle, Victoria. "Movenbank Raises $2.4M in Seed Funding". American Banker. Retrieved 18 January 2013.
- ^ 'Russia’s Life.SREDA invests in US startup to build “world’s first cardless bank”'. East-West Digital News.
- ^ Crossman, Penny. "The Future of Banking Is All About Context: Brett King". American Banker. Retrieved 18 January 2013.
- ^ Bury, Erin. "Mobile Banking Startup Movenbank Raises $2.4million, Launches CREDscore tool". BetaKit. Archived from the original on 8 March 2013. Retrieved 18 January 2013.
- ^ Cameron, Mark. "Banking on Social Media". BRW. Retrieved 18 January 2013.
- ^ Bailly, Nestor. "Banking Startup Uses Social Influence to Calculate Credit Score". PSFK. Retrieved 18 January 2013.
- ^ "Breaking Banks". Provoke.fm Media. Retrieved 2021-08-03.