MovoCash, Inc.
Financial ServicesCalifornia, United States11-50 Employees
MovoCash, Inc. is a financial services company based in Palo Alto, California, offering the MOVO digital cash platform. The MOVO system blends digital cash management, a mobile payments wallet, and a broader financial hub designed for speed and security, accessible through a dedicated app. MOVO Pay enables users to send and receive digital cash in minutes, with minimal delays, while features like digital CASH Cards and an eCheckbook support fast transactions and bill payments. The service targets general consumers, including those without traditional credit histories, and aims to provide access to digital financial services regardless of background. Opening an account requires identity verification under federal requirements, and funding can come from transfers from other bank accounts or other wallets, with no-cost direct deposit for same-day access and potential third-party fees for transfers. In 2019, reports noted MOVO was developing BARK, a Bitcoin Account Relay Key, intended to convert BTC to MOVO Cash in a PCI-compliant environment to enable spending wherever Visa and Mastercard are accepted.
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