ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments


ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments

Palo Alto, CA
Financial Services
MOVO® is ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments, all in one app. It is purpose-built to empower customers to instantly and securely deposit, mint, pay, receive, save, send, spend money and convert crypto to USD from their mobile phone, in real time, every time. Grounded by its cutting-edge, patented technology, a self-contained ecosystem (called HyperBIN®), MOVO delivers a comprehensive set of “digital cash” financial solutions ON-DEMAND, all in a CONTACTLESS environment. We have raised nearly $1.5M on a convertible note, with a $150M cap.


Price per Share
Min. Investment
Shares Offered
Offering Type
Offering Max
Reg CF


Price per Share
Min. Investment
Shares Offered
Offering Type
Offering Max
Reg CF


Get rewarded for investing more into MOVO®:

StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Tier 1 Perk
Receive 4% bonus shares and zero MOVO App user fees through 2021.
Tier 2 Perk
Receive 6% bonus shares and zero MOVO App user fees through 2021.
Tier 3 Perk
Receive 8% bonus shares and zero MOVO App user fees through 2021.
Tier 4 Perk
Receive 10% bonus shares and zero MOVO App user fees through 2021.
Tier 5 Perk
Receive 12% bonus shares and zero MOVO App user fees through 2021.

Reasons to Invest

CEO & Founder, Eric Solis is a Fintech entrepreneur with more than 20 years of experience. Fortune Magazine called him an all-star and a top inventor. His product MOVO, got top ratings from the industry. Eric has courage, passion, perseverance, and views inclusion as a key attribute.
MOVO holds 4 issued patents with 11 additional pending patents that define and protect its “first-of-its-kind” financial ecosystem technology (called HyperBIN®) upon which 7 integrated banking, payments, and blockchain solutions have been built. Five are deployed today.
We believe MOVO’s performance to date and top rankings from Money Under 30, NerdWallet, Credit Karma, and others demonstrate that MOVO can compete and differentiate itself in an industry with trillions in payments and tens of billions in revenue up for grabs.

Our Vision

MOVO® is a radical innovation that creates an entirely new and patented ecosystem for the banking,  payments and blockchain industries. MOVO’s ultimate future goal as a company is to provide quality financial solutions to anyone, anywhere, anytime and in any currency, ON-DEMAND and all in a CONTACTLESS environment.  Our solutions are tailored to be inclusive and provide all-in-one convenience in a single mobile app.

The Problem

Legacy Banking Standards Not Designed for the Digital Banking Era

Traditional banking can be slow, risky, and filled with hidden fees. The rise in digital financial services options has been accompanied by a corresponding surge in fraud targeting banks, neobanks, payments providers, fintech companies and all types of financial activities taking place in online and mobile channels. To securely enable a more digital ecosystem while preventing fraud, we believe the financial sector needs new standards designed specifically for digital cash and digital payments.

The payment card was created in 1950 and much of the same technology is still being used today.  Meanwhile, the entire financial services ecosystem is attempting to keep up with the dramatic growth in demand for digital services and at the same time struggling to stop the surge in fraud.

Consumers have turned to digital payment methods such as mobile wallets and contactless cards for in-store purchases, and there’s no turning back. Since the outbreak of the pandemic, data shows, one in every five consumers made a contactless payment with 57% continuing to use after.



Got Crypto?  Need it to be Spendable?   

Bitcoin and other cryptocurrencies are great “stores of value”. But can you pay your living expenses like your utility bills or use it to purchase a new iPhone with your crypto wallet? 

The Solution

Meet MOVO® ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments

1. An advanced mobile technology platform

Our financial services delivery model is deployed and managed on MOVO’s cloud computing infrastructure, facilitated by its fully patented HyperBIN® ecosystem.  This platform manages the convergence of traditional banking and payment solutions with blockchain, Distributed Ledger Tech (DLT), cryptographic and AI technologies. 

Together, this core ecosystem provides end-to-end secure, real-time settlement, anywhere, anytime, anyone (who is a MOVO registered and authenticated user), and any currency that MOVO converts to now and in the future.  From registration, sign-up, approval, activation through deposit, send and spend, there is no human intervention required. 

2. MOVO tokenizes payment card numbers "on the fly" right from your phone

This ultra-secure digital payment token behaves like digital cash and is redeemable at 45 million merchants and over 1 million ATM machines worldwide.

3. ON-DEMAND with End-to-End solutions offers faster access and greater control of your funds

Whether spending it like a traditional debit card at a merchant, sending a P2P payment, making a payment from a mobile wallet, converting it from cryptocurrency, or saving it in your bank account – MOVO delivers ON-DEMAND all under one centralized cloud-based, AWS platform via an app.

What We Do

ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments.

MOVO sees itself as reinventing mobile banking.  Our cutting edge technology delivers  unparalleled security and speed, giving customers the highest protection and control of their private digital cash, a fully End-to-End CONTACTLESS payment experience. 

End-to-End means no human intervention from sign-up, to approval, issuance, delivery, activation, deposit, send and/or spend in-store, online or card-on-file. 


MOVO is available for both iOS and Android. Download and join now.


By design, MOVO ON-DEMAND Mobile banking provides: 

  • Real-Time Settlement

  • Instant Issuance of Digital Debit Mastercards

  • Unparalleled Safety and Security

  • Convenience

  • Transportability

  • Low Fees

  • Both a primary & secondary account structure

  • Interoperability

  • Inclusiveness (i.e., no traditional bank account required) 


All with end-to-end contactless payments, in one single app.

MOVO Cash® - A patented “digital cash” ecosystem (called HyperBIN®) tokenizes your cash on the fly and provides ON-DEMAND, secure, settled banking, and payments, all FDIC insured, and all in an end-to-end CONTACTLESS environment.


MOVO CASH Cards® – Ultra-secure, single-use and multi-use payment tokens protects your primary account & balances for use everywhere Mastercard is accepted.


MOVO Pay® - P2P2P® - Instant and secure payments with real-time settlement of funds for use right from the app.  Send to anyone with a mobile number or email address.


MOVO Digital Banking - Generates direct deposit account information complete with ABA routing and account numbers with checking, deposit/withdrawal, billpay, savings, plus 16-digit debit and prepaid card issuance capabilities, statements, ledgers and more.


MOVO Chain® - A Crypto2Cash-P2P interoperability solution that upends crypto send and spend by using a patent pending blockchain solution to quickly convert stored value held in crypto, back into fiat (USD) currency in the form of P2P digital cash tokens.


MOdallion® (in Beta) - A blockchain processing technology that serves as a proxy to store value based on any currency and denomination for domestic and international remittance.


MOVO Biz (P2B, B2B) -  Our “Future” Business Accounts will unleash the power of MOVO®’s “Digital Cash Network” thus eliminating the friction, delays and costs to merchants and their customers.

Digital CASH Card®

First of its kind. CASH Cards are engineered with a unique, tiered-account structure with options to put you in control and protects your “card on file” or any payment situation you want to better manage.  

Protect your Card on File 

Digital CASH cards offer an extra layer of security when you shop online or pay bills without compromising your MOVO Primary Account. CASH Cards are instantly created right from your phone and can be used just like a debit card for instant send and spend, where you “only send the payment amount”, not the keys to your entire balance or credit limit. 


Peer to Peer payments in HyperBIN® and ON-DEMAND.

MOVO Pay® is a super fast private peer-to-peer payment that offers send, spend, receive all through a CONTACTLESS experience. Similar to other payment apps, except no more waiting for funds to arrive into your account. Plus, it removes the hassle requiring the transfer of these funds to another external bank account before you can use it.


MOVO delivers interoperability and cooperates with all popular payment apps across the financial ecosystem.

MOVO bridges online digital payments and offline real world payments. Transfer funds from PayPal, Venmo, Zelle or any other payment app to a MOVO Account™ for same day access and use of your funds.  With MOVO you get both 16-digit card number(s), even routing and account numbers (for ACH) to allow you to interoperate pretty much anywhere in the broader financial ecosystem.   

Go CONTACTLESS for a Fast and Safe Checkout Experience.

With a digital MOVO Debit Mastercard, Tap & Pay feature makes it easy and convenient to pay at contactless capable merchant terminals.

MOVO Chain®*

Send & Spend Your Converted Crypto ON-DEMAND

Using a processing solution, MOVO Chain® converts your crypto currency, like Bitcoin, into USD that is deposited into a MOVO Account™. You can send it to your MOVO Account™, or it can be sent as digital cash to another person's MOVO Account™. If the receiver of these funds doesn’t have a MOVO Account™,  they simply sign up with MOVO to claim and access the funds.  The result is like using a digital crypto ATM, Crypto IN and spendable digital cash OUT.

*Must have US residency, a Social Security Number or Tax ID number.

Traditional conversion services can often take 2-5 days to exchange. Our cross-functional peer-to-peer platform gives you the ability to send money and have it land in your MOVO Account™ for ON-DEMAND spend,  for everyday living expenses with the MOVO Debit Mastercard, or other MOVO banking services like BillPay. Note - the time it takes to validate transactions on the distributed blockchain can vary. Once your crypto is in MOVO digital cash format, funds are available for instant use.

The Market

The Mobile Banking Landscape

The combined velocity (dollar volume) of the Fintech market, which includes mobile banking and digital payments is in the “trillions” - and growing. And, combined revenue is in the tens of billions, hundreds of billions by 2025.


Bottom-line, the market size for MOVO is in the trillions. We believe this is an opportunity to own a piece of an up-and-coming Fintech company in a huge market. 

Digital Banking Growth

Growth Meeting Consumer Demand

  • Primary growth due to an evolving digital transformation, a demand for smart mobile devices and enhanced and customized digital banking services. 

  • In response, industries are implementing cloud adoption to quickly scale infrastructures and meet customer based needs of speed, real-time payments while at the same time delivering robust compliance and security standards. Another area contributing to growth is the sharp rise of contactless,  expansion of retail-focused fintech companies and major fintech sector technologies such as AI, blockchain, cryptography, biometrics and identity management, to name a few -- all of which have been adopted and are in place at MOVO. (Source)

  • Consumers, especially GenZ and Millennials are embracing P2P solutions beyond sending instantly to pay a friend, such as tracking spending safely or seeking convenient banking features that get smarter over time in order to protect their assets. These two groups overwhelmingly use apps for budget tracking, viewing monthly spend forecasts and tracking progress against. (Source)

Our Traction

Gaining Momentum

Here’s how we’ve been doing:

  • As a prepaid card, MOVO reached $1.6 million in 2019 revenue and over $5.5 million in 2020 revenue, growing 242%. That included over $400 million in user deposits, over $1.5B in Velocity, and the issuance of over 1.1million Accounts opened.

  • In April 2021, MOVO launched MOVO ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments App. 

The Business Model

We Make Money Just Like an Issuing Bank

MOVO makes money like any traditional bank. In addition, revenue comes from bonuses and rebates from partners, popular special features (e.g., CASH Cards), and licensing opportunities.


Our core revenue model is fee-based, and has a Gross Margin of 72% and EBIT of 40%, which MOVO believes was validated during our prior Prepaid launch, as: 


  • Scalable

  • Proven

  • Diversified 

Here’s a closer look:

How We Are Different

We Are ON-DEMAND Mobile Banking.

MOVO’s patented HyperBIN ecosystem is a self-contained, end-to-end technology that powers MOVO’s Digital Cash Brand Network that MOVO “runs on”. Customers can expect secure, real-time settlement, anywhere, anytime, for anyone (registered in MOVO), and in any currency MOVO currently supports. As a result of these innovations, MOVO fills a gap in the fintech space and bridges the best of payments, networks and financial institutions with a new fintech category (e.g., the one-stop-shop) that focuses on the security of their customer’s money and the security of their information.

With MOVO ON-DEMAND MOBILE Banking with End-to-End CONTACTLESS Payments, customers will

  • Have the option to never again have to touch paper money and plastic cards - no more in-person health risks

  • Become a user without needing to have a traditional bank account

  • No longer experience the friction, multi-day delays and high costs associated from using multiple types of “legacy” payment platforms. 

The Vision

MOVO ON-DEMAND Mobile Banking

As far back as 2014 - our goal has been to be an all-in-one solution for mobile banking - supplying fast, safe, easy-to-use, and inclusive financial services. 


Based on the accomplishments below, we believe that MOVO will continue to prove itself in the Fintech market.


THIS IS BIG!  MOVO has accomplished much already in 2021.  Here’s a list of “Major Deliverables” from our Q2/2021 launch.  Yes, we’ve been busy,  We hope you’ll join us on this journey:

  • Launched ON-DEMAND Mobile Banking Platform with enhanced KYC/CIP capabilities and improved UI & UX for both both iOS and Android Native Apps
  • Negotiated a New Issuing Bank Agreement with Insured Network Deposit and a 42% Reduction in Bank Fees 
  • Launch Mastercard Debit Card Brand: Full Marketing and Launch Support - Received Signing Bonus, now paired with Visa
  • Transition to Neobank Banking Status: Checking Accounts - BillPay, Savings Accounts - Debit & Credit Card Issuance
  • Add Massive Surcharge ATM Network: 50,000 Locations - 18,000 Cardless ⇼ Larger Than Wells Fargo, BoA, Citibank Combined, 1M worldwide
  • Add to Patent Portfolio: Adding New Provisional Patents - Expect Approval in Europe, China, India, Hong Kong.
  • Contract Mastercard Network and Gateway Services (MNGS)Build a Proprietary Blockchain/Processing Technology - PaaS - 60% Reduction in Processing Transaction Costs
  • Relaunch MOVO Chain (Cryptocurrencies): Microservices architecture complete -PaaS


Our Founder & CEO: Eric Solis

  • Vision to file and be granted key patents and to architect compelling consumer/business opportunities
  • Leadership through collaboration, innovation and team building
  • Execution driven and focused–back-of-a-napkin to launch
  • Diversity Native American that sees inclusion as a key
  • Experienced at growing investor-backed financial services and Fintech companies
    • Selected as top 65 Innovators in America - Fortune Magazine
    • MOVO Selected as top 5 charge card by (2nd only to American Express)
    • Pioneered micro-investing, back in 1999 with a patent filing and starting                     

Our Team:

  • Deep Fintech and banking/payment industry experience
  • Collective Mind thought leaders that challenges the status quo
  • Diverse leadership is 50% women and 50% minority, inclusive
  • World Class executives, employees & partners from top tier organizations
    • Merrill Lynch/Wells Fargo Financial/Greendot/T-Mobile/Bank of America/Starbucks/Hewlett Packard/Fiserv/Mastercard/Visa/i2c/Coastal Community/MCB/Facebook/Perfect Plastics/Savedaily/ARK252/LP           

Why Invest

MOVO is ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments.

 MOVO launched new technologies and features (see list above) after a successful launch as a prepaid digital app in 2018. We are ready for the next level.


And we believe MOVO couldn’t be entering the scene at a better time. The Fintech market is exploding with opportunity, and we believe we are well-positioned to compete at the top.


We’ve built MOVO and the investment opportunity to be inclusive - empowering both the individual customer and the investor.  We hope you’ll join us!


Let’s MOVO. 

In the Press

Wealthy Living Today

The Best Prepaid Cards (2021 Reviews)

Money Under 30

MU30's 2020 Awards for the Best Financial Products On The Market

Credit Karma

The 4 best prepaid cards of 2021


6 Best Prepaid Debit Cards

The Simple Dollar

Best Prepaid Debit Cards

Bank Administration Institute

COVID-driven fraud heightens need for digital cash standards

MovoCash 2021 Predictions: Five Trends Driving Digital Cashless Society in 2021 and beyond


2021 Predictions: Cashless Society, Autopay Systems Fueled by AI, and New Digital Banking Standards

ABA Risk and Compliance

The New Digital Frontier Calls for Immediate Digital Cash Standards

Journal of Cyber Policy



Fast cash, dirty money and the barriers that keep people out

The 6 Best Prepaid Visa And MasterCard Card in The US In 2021

12 Ways Business Can Guard Against ‘Unexpected’ Financial Losses

11 Finance Experts Predict Big Changes Coming To The Banking Industry

Cyberwire podcast at 20:45

Covid has shifted the way we deal with money and increased fraud @ 20:45

Digital Anarchist Podcast

Interview with Eric Solis

Cision PR Newswire

Mobile Payments Platform, MOVO, Secures Patents for First-in-Industry Technology

Cision PR Newswire

Movo Chain Enables Purchases and Instant Peer-to-Peer Spend with Bitcoin and Bitcoin Cash Through BitPay

LEAP DROID - the best news from the app industry.

Top Mobile Payment Companies and Startups in America (2021)

Business Wire

MOVO® Forges New Fintech Category and Launches ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments

Bankless Times

MovoCash Founder Eric Solis Believes in Giant Steps

MOVO® Helps Move Money Fast with Its Innovative Technology and App-Based Debit Card

Authority Magazine

Eric Solis of Movo Cash: 5 Things Every CEO Should Know About Navigating The World Of Finance

CNN Money


Three Areas Of Impact For AI In Fintech

Offering Summary



MovoCash, Inc.

Corporate Address


530 Lytton Ave. 2nd Floor, Palo Alto, CA 94301

Offering Minimum



Offering Maximum



Minimum Investment Amount

(per investor)




Offering Type



Security Name


Common Stock

Minimum Number of Shares Offered



Maximum Number of Shares Offered



Price per Share



Pre-Money Valuation



Voting Rights of Securities Sold in this Offering

Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Time Based

• Friends and Family – First 3 days (72 hours) | 10% bonus shares

• Super Early Bird – Days 4 and 5 | 8% bonus shares

• Early Bird Bonus – Days 6 and 7 | 6% bonus shares

Amount Based

• Tier 1 perk $1,000+ : (4% bonus shares and zero MOVO user fees for all of 2021)

• Tier 2 perk $5,000+ : (6% bonus shares and zero MOVO user fees for all of 2021)

• Tier 3 perk $10,000+ : (8% bonus shares and zero MOVO user fees for all of 2021)

• Tier 4 perk $25,000+ : (10% bonus shares and zero MOVO user fees for all of 2021)

• Tier 5 perk $50,000+ : (12% bonus shares and zero MOVO user fees for all of 2021)

The 10% StartEngine Owners’ Bonus

MovoCash, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of stock at $5.21 per share, you will receive and own 110 shares for $521. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single Bonus Shares bonus, which will be the highest bonus rate they are eligible for. 

*All perks occur when the offering is ends.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$45,334,583.00 USD
$3,162,169.00 USD
Cash And Cash Equivalents
$183,265.00 USD
$46,542.00 USD
Accounts Receivable
$1,903,456.00 USD
$212,783.00 USD
Short Term Debt
$44,867,224.00 USD
$3,269,361.00 USD
Long Term Debt
$937,737.00 USD
$219,000.00 USD
Revenues And Sales
$5,557,915.00 USD
$1,625,862.00 USD
Costs Of Goods Sold
$3,213,563.00 USD
$1,644,356.00 USD
Taxes Paid
$1,478.43 USD
$3,446.60 USD
Net Income
-$374,186.00 USD
-$2,879,785.00 USD


A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


MOVO® Launches MOVO Chain®, Seeks to Upend Crypto Send and Spend

29 days ago

Users can now quickly cash-in a cryptocurrency’s real-time value via a Digital Debit Mastercard®, Peer-to-Peer Transfer, Bill Pay or connection to Apple Pay® or Google Pay®


MOVO’s technology is a crypto2cash (C2C) and peer-to-peer (P2P2P®) interoperability solution that upends cryptocurrency sending and spending by using a patent-pending blockchain solution to quickly convert stored value held in crypto into Fiat currency (US Dollar) in the form of digital cash tokens on a debit card.  And do it in minutes, not days!


“MOVO Chain® provides crypto to USD hybrid systems to create off-ramps for crypto users to be able to send it to others, spend it anywhere, and have it land on a Debit Mastercard® for everyday living expenses,” per Eric Solis, CEO and Founder of MOVO. “We see this as a tremendous opportunity that uses a Bitcoin and Fiat currency hybrid to bridge the traditional saving and checking model. With MOVO Chain®, consumers can use Bitcoin and other major cryptocurrencies as their long-term savings and Fiat for their day-to-day payments.”


Bottomline - MOVO® - ON-DEMAND Mobile Banking and End-to-End CONTACTLESS Payments and Crypto2Cash. 


Check it out at 

Grab a cool one and listen in! MOVO CEO Eric Solis interviewed on the Fintech Newscast Podcast

about 1 month ago

MOVO CEO and Founder Eric Solis joins the popular Fintech Newscast to talk about his Fintech journey, including micro-investing, financial inclusion, radical innovation, soon-to-launch MOVO Chain, and why Fiserv is one of his favorite companies #fintech #podcast

Link to latest Fintech Newscast Interview with Eric Solis

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