Movii
Latest round
- Series B
Last raised
- Oct 2021
Total raised
- $15M
Investors
- 2
About Movii
A.A. was founded in 2017 in Bogota, Colombia, focusing on delivering digital financial services. The company was established by Hernando Rubio and Julian Montejo.Movii specializes in providing innovative financial solutions through its digital wallet application, which enables users to manage transactions, make payments, and conduct financial operations seamlessly. The core features of the application include peer-to-peer money transfers, bill payments, and a prepaid card that allows users to make purchases both online and at retail locations. This service is designed to facilitate financial inclusion for unbanked and underbanked populations, making it easier for them to access essential financial services. Movii targets a diverse client base, including individual consumers, small businesses, and merchants, primarily in Colombia and expanding into other Latin American markets.Movii generates revenue through a variety of transaction-based models, including fees from money transfers, payment processing, and partnerships with merchants. Each transaction executed through the digital wallet incurs a nominal fee, contributing to the overall revenue stream. Additionally, Movii may establish partnerships with businesses for promotional campaigns or loyalty programs, further enhancing its value proposition. The pricing structure includes competitive rates for individual transactions, ensuring affordability for users while maintaining a sustainable business model.A. The company plans to introduce additional financial products in the near future, although specific launch dates are not yet disclosed. Movii is also looking to expand its presence into other Latin American markets, further enhancing its reach and service capabilities.
Who invested in Movii
2 investors across 1 round
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Funding rounds
Series B
Oct 6, 2021
Amount
$15M
Investors
Questions about Movii
Who invested in Movii?
Movii has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Movii raised?
Movii has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Movii last raise money?
Movii's most recent round on record is a Series B, in Oct 2021.
What does Movii do?
Movii is a financial services company.
Where is Movii headquartered?
Movii is headquartered in Bogota, Colombia.
Which VCs invest in companies like Movii?
Among active investors with capital left to deploy, Bewater Ventures, SIMMA Capital, MAR Ventures and Inception Capital back financial services companies at Movii's stage. Their profiles are linked below.
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