# MovoCash, Inc.

> MovoCash, Inc. (MOVO) is a Palo Alto-based financial technology company founded in 2014 by veteran financial-industry entrepreneur Eric Solis. MOVO offers an on-demand mobile banking app that lets people instantly create FDIC-insured accounts and disposable virtual debit cards, send peer-to-peer payments, pay bills, and make contactless purchases from their phone - even without a traditional bank account. Built on its patented HyperBIN digital-token technology and delivered with Mastercard and Coastal Community Bank, MOVO positions itself as a 'digital cash' network that blends payment cards, bank accounts, and mobile money movement.

- **Founded:** 2014
- **Headquarters:** Palo Alto, California, United States
- **Founders:** Eric Solis (Founder & CEO)
- **Team size:** ~17 employees (estimated)
- **Products:** MOVO App (On-Demand Mobile Banking), MOVO Pay, CASH Card, MOVO eCheckbook, HyperBIN
- **Notable:** Scaled to over one million accounts with roughly $750M in annual transaction velocity., Secured multiple U.S. patents (including disposable-BIN architecture, U.S. Patent 10,127,528 B2) with additional patents pending for its HyperBIN technology., Launched a first-of-its-kind on-demand mobile banking app with end-to-end contactless payments in partnership with Mastercard and Coastal Community Bank (2021).

## Products & services

- **MOVO App (On-Demand Mobile Banking)** — An all-in-one mobile banking app that creates real-time, FDIC-insured accounts and debit cards with instant issuance, activation, and contactless payment - 'send to spend' built for speed.
- **MOVO Pay** — Peer-to-peer payments that let users send and receive digital cash in minutes, with no holds or delays on funds.
- **CASH Card** — A patented platform for instantly creating digital, FDIC-insured, Mastercard/Visa-branded virtual debit cards from a phone - including disposable cards for secure one-off online purchases.
- **MOVO eCheckbook** — Schedule and pay bills on the go with electronic payments to over 8,000 of the largest billers in the U.S.
- **HyperBIN** — MOVO's patented ecosystem technology using digital tokens (disposable BIN architecture) to bridge traditional banking with mobile payments, distributed ledger, cryptographic and AI technologies.
- **MOVO Chain** — Real-time cryptocurrency conversion that lets users send and spend crypto through the MOVO network.

## Achievements

- Scaled to over one million accounts with roughly $750M in annual transaction velocity.
- Secured multiple U.S. patents (including disposable-BIN architecture, U.S. Patent 10,127,528 B2) with additional patents pending for its HyperBIN technology.
- Launched a first-of-its-kind on-demand mobile banking app with end-to-end contactless payments in partnership with Mastercard and Coastal Community Bank (2021).
- Introduced real-time cryptocurrency conversion via MOVO Chain.
- Founded and led by Eric Solis, a repeat fintech founder and former Merrill Lynch SVP of investments.

## Latest updates

- **2021-05** — Launched on-demand mobile banking with end-to-end contactless payments with Mastercard and Coastal Community Bank.
- **2021-03** — Introduced MOVO Chain for real-time cryptocurrency send-and-spend.
- **2019-01** — Secured patents for first-in-industry HyperBIN mobile payments technology.

## Links

- Website: https://movo.cash
- LinkedIn: http://www.linkedin.com/company/movocash-inc-
- Twitter/X: https://twitter.com/movocash
- Facebook: https://facebook.com/movocash

---

Profile page: https://yespress.io/movocash-inc
Published by YesPress — https://yespress.io
Last updated: 2026-06-13