MovoCash

MOVO is a neo-bank on a mission to reach the 2.2b unbanked masses with P2P2P, a system connecting people, money & merchants worldwide

MovoCash generates on-demand payment tokens that make P2P transfers spendable at POS and NFC payment terminals. It organizes its users’ portfolio of source funds and enables them to authorize and send payment amounts in real time for virtually any transaction without disclosing personal financial information. With the technology its users can shop in stores and online, pay bills, and convert gift cards and digital currencies to cash for use at any POS and can move cash to friends to split a bill. It allows its users to save on frequent purchases such as entertainment, travel, and everyday necessities. MovoCash is a U.S.-based company that was founded in 2014 by Eric Solis.