Moov Financial
US · Cedar Falls, Iowa · N/A — middleware provider
Moov Financial is a BaaS Provider based in US (Cedar Falls, Iowa), regulated by N/A — middleware provider. The institution operates an active Banking-as-a-Service program, launched in 2020.
Moov Financial supports the following products and services: Payments, Accounts. The bank serves customers across US.
Notable fintech partners include Bain Capital Ventures, a16z (investors).
- Products Supported
- PaymentsAccounts
- Geographies Served
- US
- Charter / Regulator
- N/A — middleware provider
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2020
Bain Capital Ventures, a16z (investors)
None confirmed active
63M total raised. Open-source fintech infrastructure approach.
Fully remote team (~25+ states). Focuses on payment processing and embedded payments.
Moov Financial Raises $27M Series A for Embedded Banking Platform
Moov Financial raised $27 million in a Series A round led by Andreessen Horowitz (a16z). The company provides an open-source embedded banking platform enabling businesses to send, receive, and store money. The round positions Moov to expand its developer-focused infrastructure for embedded financial services.
Moov Financial Raises $5.5M Seed for Open-Source BaaS Platform
Moov Financial, an open-source Banking-as-a-Service platform, raised $5.5 million in a seed round led by Bain Capital Ventures. The round included participation from Canapi Ventures, Commerce Ventures, Gradient Ventures, RRE Ventures, Uncorrelated Ventures, Veridian Credit Union, and 27 angel investors. Moov enables companies to embed financial services like receiving funds, storing value, and remittances via a single API with a developer-first, modular approach.