# Eric Solis

> Eric Solis is the founder and CEO of MovoCash, Inc., a fintech company building on-demand mobile banking for the underbanked. A self-described full-stack entrepreneur with more than 25 years in finance, he was a senior investments executive at Merrill Lynch and Prudential Securities before launching SaveDaily and SAVE252. At MovoCash he developed MOVO, a patented platform that blends on-demand banking, distributed-ledger technology and AI to issue Real Time Payment Cards and move digital cash peer-to-peer. The company raised roughly $9 million across a 2016 seed and a 2018 Series A, partnered with Mastercard and FDIC-insured banks, and grew past 250,000 users.

- **Role:** Founder & CEO at MovoCash, Inc.
- **Organizations:** MovoCash, Inc., SaveDaily.com, Inc., SAVE252 Systems, Solis Investment Group, Merrill Lynch, Prudential Securities, Stanford Seed
- **Nationality:** American
- **Education:** Graduate business education / MBA-level program, Stanford University Graduate School of Business, Certified Financial Planner (CFP) designation, College for Financial Planning, Continuing education credits, MIT, Oxford, Stanford (executive/continuing credits in Bitcoin, AI and business)
- **Known for:** Founded MovoCash and developed MOVO, a patented on-demand digital banking platform issuing Real Time Payment Cards, Built MovoChain, enabling Bitcoin to be sent peer-to-peer and spent via debit card by recipients with no crypto knowledge, Raised approximately $9 million across seed (2016) and Series A (2018) rounds

## Career timeline

- **1990s-2000s** — Worked in the financial industry, including roles as SVP of Investments at Merrill Lynch and VP of Investments at Prudential Securities; ran Solis Investment Group.
- **2000s** — Founded SaveDaily.com, Inc., a financial literacy and micro-investing startup, and later SAVE252 Systems, a technology platform for the underbanked.
- **2016** — MovoCash raised a $2.5M seed round.
- **2018** — MovoCash closed a $7M Series A in Q1, bringing total funding to roughly $9 million.
- **2019** — MovoCash reported 250,000+ registered users and about $1M annual recurring revenue, growing 20-30% month over month.
- **2021** — Launched on-demand mobile banking app with contactless digital cash; partnered with Mastercard and Coastal Community Bank; promoted HyperBIN patented technology.

## Achievements

- Founded MovoCash and developed MOVO, a patented on-demand digital banking platform issuing Real Time Payment Cards
- Built MovoChain, enabling Bitcoin to be sent peer-to-peer and spent via debit card by recipients with no crypto knowledge
- Raised approximately $9 million across seed (2016) and Series A (2018) rounds
- Grew MovoCash past 250,000 registered users with FDIC-insured funds via partner banks
- Secured partnerships with Mastercard, Coastal Community Bank and Metropolitan Commercial Bank
- Earlier founded SaveDaily and SAVE252 to expand financial access for everyday and underbanked consumers
- Held FINRA Series 7, 24, 65 and 63 licenses and earned a CFP designation
- Featured in the Wall Street Journal, New York Times and Fortune

## Latest updates

- **2021-05** — Featured by Bankless Times discussing radical fintech innovation, HyperBIN technology and partnerships with Mastercard and Coastal Community Bank.
- **2025** — MovoCash's primary web presence moved to movo.money (from movo.cash).

## Links

- Website: https://movo.money
- LinkedIn: http://www.linkedin.com/in/ericsolis
- Twitter/X: https://twitter.com/movocash
- Facebook: https://facebook.com/movocash

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Profile page: https://yespress.io/eric-solis
Published by YesPress — https://yespress.io
Last updated: 2026-06-12