Founded in 2008 and based in Silicon Valley, Boom Financial, Inc. was a fintech startup that developed a mobile banking service designed to serve immigrant communities in the United States. The company's primary mission was to provide a safe, convenient, and affordable way for users to send cash from the U.S. to family and friends in other countries, such as Mexico and the Philippines, using only a mobile phone. By leveraging mobile technology, Boom aimed to bypass traditional, more expensive remittance channels. Despite raising venture capital, the company ceased all operations and shut down in May 2015.

Founded in

United States