Moven


Moven is a mobile financial service provider operating in the United States. Moven was founded in 2011 by Brett King, author of the Bank 2.0, Bank 3.0 and Bank 4.0 books. Moven's mobile payments system relies on NFC technology, available via contact stickers placed on users' mobile devices. Moven's products allow users to track their financial wellness using Moven's tools: CRED Score, MoneyPulse and MoneyPath, and a financial personality test. Moven launched its mobile banking and mobile payment services in 2013.
Moven has been featured in American Banker, BetaKit, BRW, and PSFK.

Organization & funding

In August 2012, Moven announced that it had closed a $2.4 million seed investment round, funded by Moven's founders, Anthemis Group, Raptor Ventures, Kevin Plank, and a syndicate of Singaporean investors. In 2013, a fintech VC fund Life.SREDA invested $2 million in the Movenbank.

Closing

Moven closed its US consumer financial services operations in 2020 due to lack of funding. The company continues to operate as a mobile banking and financial technology application developer, creating a white-label solution for other financial institutions.