FinovateSpring 2013 / Refundo

Presenter Profile:

How they describe themselves: Refundo is an innovative and driven group of financial services veterans whose mission is to provide low and moderate-income households with high-quality, affordable access to financial services. According to the FDIC, 68M+ individuals in the U.S. do not have traditional bank accounts and rely greatly on “alternative financial services,” which tend to cost a lot more. We share the struggles of this community because we’re from these communities. We are passionate in our endeavor to develop meaningful and powerful technologies designed to disrupt the status quo and change the way we think about banking.

How they describe their product/innovation: Refundo’s Mobile App creates an opportunity to transition millions of underbanked and unbanked households into the financial mainstream by enabling them to open an FDIC-insured bank account using just a smartphone. The Mobile App features account balance, debit MasterCard, transaction history, and a network of tens of thousands of ATMs and deposit locations across the US, and more. From the beginning, the Mobile App was designed to deliver the best user experience, security, and convenience in mobile banking.

Contacts:

Bus. Dev. & Press: Daphne Veras, Marketing Director, daphne@refundo.com, (o) 908-445-5544 x3102, (m) 908-463-7706


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