In a world where access to finance can often be the gatekeeper to opportunities, Vancouver-based startup Movmint says money is the fabric of society.
With this in mind, the BC fintech wants to change how we clothe the world.
Operating on a credo of universal accessibility, Movmint is steadfast in its commitment to create a financial landscape where money management is a basic right.
The company’s vision of a better world doesn’t stop at the individual; it extends to nations as a whole. Movmint announced recently that it has laid the groundwork for a digital fiat currency that’s accessible and usable on a global scale.
Movmint’s journey began as a small team with a shared vision. Experience in fintech, digital currencies, and enterprise blockchain fuelled passion for leveraging technology to improve people’s lives. The result is the world’s first retail Central Bank Digital Currency in production, the Sand Dollar.
Movmint strives to reimagine sovereign money for nations, looking to empower businesses in a digitally evolving ecosystem and redefine how billions of “underbanked” people worldwide interface with money. They do so by partnering with Central Banks and Governments to construct digital money infrastructure.
The company’s Central Bank Digital Currency solution boasts zero system downtime and is built on a proprietary hybrid architecture, demonstrating security, scalability, and interoperability, according to the firm.
In a quest to rethink modern economies, Movmint aims for a financial system that ensures access to money is universal and independent of capital or infrastructure.
From the ground up, founders say Movmint is “human-centric by design” as it takes into account the needs and circumstances of everyday users, enhancing financial inclusion by making adoption straightforward.
Movmint heads to Toronto for Collision this month.