FinovateSpring 2014 / Wipit
Presenter Profile:
How they describe themselves: Wipit provides integrated mobile payments, financial services, and prepaid debit card convenience to underbanked consumers. The company has partnered with Sprint, a leading wireless service provider, to launch the revolutionary, co-branded Boost Mobile Wallet and Sprint Money Express mobile wallet service. Wipit has commercial partnerships with and has been invested in by Euronet Worldwide (NASDAQ: EEFT), H&R Block (NYSE: HRB), and Core Innovation Capital. For more information, visit www.wipit.me.
How they describe their product/innovation: Boost Mobile Wallet lets millions of prepaid wireless customers load cash to their mobile wallet account, then use the funds to send international money transfers, pay bills, or top-up their Boost Mobile phone − all from the convenience of Wipit’s Mobile Wallet app on their Android smartphone or iPhone. Customers are also provided with a convenient, cost-saving alternative to retail check cashing via Wipit’s in-app Quick Check service. For customers that prefer the convenience of card payments, Boost Mobile Wallet includes a personalized, linked Visa prepaid card that can be used for ATM withdrawals and Visa purchases.
Product Distribution Strategy: Direct to Consumer (B2C), through other fintech companies and platforms
Contacts:
Bus. Dev.: Jakob Wamser, Director of Bus. Dev., jakob.wamser@wipit.me, 314-397-5253
Press: Vikram Kanodia, EVP Strategy, vikram.kanodia@wipit.me, 626-394-3996
Website: wipit.me
HQ: Pasadena, CA
Founded: May 2010
Product Demoed: Boost Mobile Wallet by Wipit
Product Launch: May 2013
Presenters: Richard Kang (CEO),
John Janes (COO)
- Key Executives
Richard Kang (CEO & Co-Founder), Job Tucker (CMO & Co-Founder), John Janes (COO), Morris Li (EVP Finance), Vikram Kanodia (EVP Strategy), Larry Herbinaux (VP Engineering & Chief Software Architect), Nate Lu (Creative Director)
Key Stats
- Key Board Members
Michael Lanzon (Board of Advisors & Co-Founder)
- Key Advisory Board Members
Michael Lanzon (Board of Advisors & Co-Founder)
- Key Investors
Euronet Worldwide (NASDAQ: EEFT), H&R Block (NYSE: HRB), Core Innovation Capital
- Key Partnerships
epay Worldwide, Ria Financial Services, Boost Mobile, Sprint
- Key Customers
Boost Mobile Wallet lets millions of prepaid wireless customers load cash to their mobile wallet account, then use the funds to send international money transfers, pay bills, or top-up their Boost Mobile phone − all from the convenience of Wipit’s Mobile Wallet app on their Android smartphone or iPhone. Customers are also provided with a convenient, cost-saving alternative to retail check cashing via Wipit’s in-app Quick Check service. For customers that prefer the convenience of card payments, Boost Mobile Wallet includes a personalized, linked Visa prepaid card that can be used for ATM withdrawals and Visa purchases.