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Industry | Fintech |
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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.
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.
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]