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Moov Financial
Moov provides a platform for developers looking to embed payment functionality into their software
About Moov Financial
Moov.io is a comprehensive financial technology startup that provides an all-inclusive platform for money movement. Unlike traditional payment processors that only handle a portion of the payment process, Moov.io oversees the entire transaction from start to finish. This gives businesses complete visibility and control over their financial transactions, enhancing their ability to manage their money flow effectively.
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The company serves a wide range of clients, including businesses that need to connect buyers and sellers, or companies and contractors. Moov.io's platform is particularly beneficial for those with complex financial needs, as it simplifies multi-party workflows. This is achieved through their unique offering called Moov Drops, which are easy-to-use UI components that can be personalized to match a business's brand.
Moov.io operates in the financial technology market, providing direct connections to card brands, The Clearing House, and the Federal Reserve. This allows businesses to issue, accept, store, and disburse money all on a single platform. The platform also supports various payment methods, including card charges, ACH transfers, and virtual card spending.
The startup's business model is based on monetizing payments. With Moov Wallets, businesses can earn fee income on every transaction, providing an additional revenue stream. This also enhances the payment capabilities for users, offering them a more flexible and efficient payment experience.
In summary, Moov.io is a fintech startup that offers a comprehensive money movement platform, simplifying complex financial transactions and providing businesses with an additional income stream.
At a glance
- Founded
- 2018
- Headquarters
- Cedar Falls, United States
- Sector
- Fintech
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Bain Capital Ventures
RRE Ventures
Commerce Ventures
Canapi
Veridian Cedit Union
Uncorrelated
Series A8 investors entered at this stage
Andreessen Horowitz- SASeema Amble
Abstract Ventures
Gokul Rajaram- ASAngela Strange
- PLPeter Levine
Sorenson Capital
B3 Capital
Series B and later2 investors entered at this stage
Sorenson Capital- BCB3 Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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