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Moven Launches its Mobile-First Bank to Public


After the Simple superstorm a couple of weeks ago, another neobank darling, Moven, is making headlines with the announcement that it is launching out of beta to the general public.

Now that it’s no longer limited to invite-only, anyone can sign up for the New York-based startup’s platform. Additionally, new users have the option to open a Moven account directly from their mobile device, as seen below.

MovenAccountOpenUX.jpgIn a blog post on Friday, TechCrunch reported the following stats about Moven:

    • Has 5,000 registered users 
    • Received more than 100,000 requests for invites
    • Helps manage over $300 million in customer spending (this is not funds under management, which Moven declines to disclose). 
    • About 60% of users link at least 2 external accounts

Check out Moven’s live demo video from FinovateSpring 2013 and its Best of Show winning demo from FinovateEurope 2013.