Movii provides a cloud‑native digital banking platform in Colombia that lets users open a prepaid Mastercard‑linked account in minutes via a mobile app and perform instant peer‑to‑peer transfers, QR payments, bill payments, mobile top‑ups, and cross‑border remittances without hidden fees. For businesses, Movii offers an API suite to embed collection, payout, and custom transactional services into their own products, all backed by real‑time processing and regulatory compliance.
Funding
$17M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many consumers and businesses in Colombia lack access to a fully digital, low‑cost financial platform that allows instant payments, transfers, bill payments, mobile top‑ups, and international money moves without traditional banking fees or complex onboarding.
Solution
Movii offers a cloud‑native “banktech” platform that lets users create a digital account in minutes via a mobile app and obtain a Mastercard‑linked prepaid card. The service consolidates peer‑to‑peer transfers, QR‑based payments, bill and mobile top‑up services, and cross‑border remittances into a single interface, eliminating hidden fees and monthly maintenance charges. For businesses, Movii provides API‑driven financial products—including collection, disbursement, and transactional services—that integrate with existing payment networks and can be customized for merchants, fintechs, and public‑sector entities. All transactions are processed in real time, with compliance to local financial regulations and a fully digital, 24/7 user experience.
Target Audience
Movii serves individual consumers seeking a simple, fee‑free digital wallet, as well as businesses—including merchants, fintechs, NGOs, and public‑sector organizations—that require integrated, API‑driven financial services.
Features
- Instant account creation and card issuance through a mobile app (iOS, Android, Huawei)
- Mastercard‑linked prepaid card usable worldwide for online and in‑store purchases
- Integrated services: peer‑to‑peer transfers, QR code payments, bill payments, mobile top‑ups, digital content purchases, and international remittances
- API suite for businesses enabling digital collection, payout automation, and custom transactional products
- Cloud‑native infrastructure ensuring scalability, security, and real‑time data monitoring
- Compliance with Colombian financial regulations with transparent, fee‑free pricing model