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Moov Financial is a fintech company that provides open source software for financial institutions and developers to build modern and customizable banking experiences. The company was founded in 2018 and is headquartered in Cedar Falls, Iowa. Moov Financial's open source software enables businesses to automate their financial operations and create seamless customer experiences. Its products include Moov Accounts, which offers APIs for opening and managing bank accounts, and Moov Fedwire, which provides a secure way for financial institutions to send and receive high-value payments. Moov Financial's solutions are designed to be flexible and scalable, allowing businesses to adapt to changing customer needs and industry trends. Its open source approach also allows developers to collaborate and build upon existing code to create customized solutions. The company serves a variety of industries, including fintech startups, banks, and credit unions, and has a growing customer base across the United States.
Last updated
In 2024, Moov's revenue reached $15.1M. The company previously reported $11M in 2024. Since its launch in 2018, Moov has shown consistent revenue growth.
Moov has not publicly disclosed its valuation. The company has raised $15M in total funding to date.
Moov has raised $15M in total funding across 2 rounds, most recently a $12M Series B round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2016 | Series B | $12M | - | - | |
| 2014 | Series A | $3M | - | - |
CEO
Self-aware technical leader with two decades of experience in open source contributions and US banking technologies.
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| What's your age? | - |
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Moov serves 2.4K customers.
Moov employs approximately 139 people as of 2026, up from 83 in 2023. It serves 2.4K customers that rely on its solutions.
Moov generates $15.1M in revenue.
Moov was founded by Robert Smith.
The CEO of Moov is Wade Arnold.
Moov raised $15M across 2 rounds.
Moov has 139 employees.
Moov is headquartered in Cedar Falls, Iowa, United States.
Moov operates across multiple industries. Browse revenue, funding, and growth data for Moov in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$15.1M
Customers
2.4K
Funding
$15M
Avg ACV
$6.3K
Team
139
Founded
2018
| Year | Milestone | Source |
|---|---|---|
| 2024 | Moov Hit $15.1m revenue in November 2024 | |
| 2024 | Moov Hit $11m revenue in October 2024 | Estimated |
| 2023 | Moov Hit $7.4m revenue in November 2023 | Estimated |
| 2022 | Moov Hit $4.2m revenue in November 2022 | |
| 2021 | Moov Hit $2.6m revenue in November 2021 | |
| 2021 | Moov Hit $2.6m revenue in September 2021 | |
| 2018 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 139 employees (December 2024) | |
| 2024 | Reached 83 employees (October 2024) | |
| 2023 | Reached 83 employees (November 2023) | |
| 2023 | Reached 83 employees (July 2023) | |
| 2022 | Reached 47 employees (November 2022) | |
| 2021 | Reached 29 employees (November 2021) | |
| 2020 | Reached 11 employees (November 2020) | |
| 2020 | Reached 11 employees (August 2020) |
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