Founded in 2008, Mozido was a digital commerce and payment company that provided a white-label, cloud-based technology platform for mobile wallets, payments, and marketing. Its mission was to offer financial and retail services to a broad audience, including those without traditional banking access, through mobile devices. The company raised hundreds of millions in funding and aimed to build a global presence, particularly in emerging markets. However, Mozido faced significant legal and financial challenges, including SEC charges of investor fraud and the conviction of its founder, ultimately leading to its filing for Chapter 11 bankruptcy in March 2018 and the subsequent cessation of its operations.

Founded in

United States