Moven’s Brett King Discusses Shift to Moven Enterprise

Moven announced last week they would shutter their challenger bank offering and all accounts would be closed by April 30th; the company is instead shifting all of their focus to Moven Enterprise which is their software business for banks; the company intended to spin out the challenger bank but the current crisis came along and forced them to shut it down; Founder Brett King sat down with American Banker to talk about the move and where Moven Enterprise is headed; the interview discussed how other challenger banks might have to cut down on growth expectations and even shutter if the crisis is prolonged; King believes the challenger bank might have been a little early and they missed a big wave a funding; the company intends to launch their software offering in the U.S. market soon and thinks there will be a lot of demand for the offering; they also discussed how King manages his time with a weekly radio show, speaking, writing books and running companies. American Banker

  • With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!