“We’re trying to build the most boring company in Fintech. My board members Angela Strange & Matt Harris truly believe that these platform companies are going to have payments. Not because they want interchange revenue, but because it’s just a better user experience.”
In today’s episode, I sat down with Wade Arnold, Founder & CEO of moov.io. moov raised a $27M Series A led by a16z in December 2020, following a $5M seed round led by Bain Capital Ventures.
Moov provides developers with an elegant, simple platform that takes the complexity out of embedded payments. They take a developer-first approach of:
Being built on open source (with fantastic community resources)
Portable to cloud providers or on-premises
Modular for customization
Decoupled from any single bank program
Wade is a self-described “engineers engineer,” a true nerd at heart who has built a number of technical products in fintech and beyond.
Wade will be at the Wharton Fintech Conference on April 22 and 23, on a panel titled “Unpacking APIs & SaaS: How Best-in-Class Fintechs Are Building From the Ground Up.”
Ryan Zauk is an MBA Candidate at The Wharton School, where he runs the Wharton FinTech Podcast. He currently works with the US International Development Finance Corp looking at technology impact investments in developing markets. He has a passion for music, media, and all things FinTech.