Fintiv

Company

Investment-firm

Last deal

$185M

Amount

Series B

Stage

22.10.2014

Date

3

all rounds

$337.16M

Total amount

Financing round

General

About Company
Fintiv is a technology company that offers mobile financial transaction services to unbanked and under-banked consumers.

Industry

Sector :

Subsector :

founded date

01.01.2008

Operating Status

Closed (01.01.2018)

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Fintiv provides white-labeled mobile financial services solutions for the movement of money, bill payment, and purchase of goods and services through mobile and electronic devices. Their products include mobile and web payments, customer engagement solutions, mobile rewards, and a real-time payment processing platform. Fintiv serves various industries, including financial institutions, restaurants, retail, hospitality, and government, and operates in multiple regions worldwide. The company was founded in 2008 by Michael A. Liberty and is headquartered in Austin, Texas.
Contacts

Contact Email

Phone number

Social url

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Money Raised

Their latest funding was raised on 22.10.2014. Their latest investor TomorrowVentures. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
22.10.2014
4
$185M
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$103.47M
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type 
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0

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Robert Selander

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Robert Selander has served as chairman and a member of our board of directors since September 2015. Robert Selander began his career at Citibank in 1974 where, during his 20 year tenure, he held numerous leadership positions, including managing Citibank's Consumer Financial Services business in the United States, Brazil, Puerto Rico and the United Kingdom. In 1994 Robert Selander joined MasterCard International, where he served as the President of MasterCard's Europe, Middle East, Africa and Canada regions until his appointment in 1997 as President and CEO. In addition, Robert Selander served as President and CEO of MasterCard Incorporated (NYSE: MA) from 1997 until 2010. Robert Selander served as a director of the Hartford Financial Services Group, Inc. (NYSE: HIG) from 1998 to 2008, MasterCard Incorporated from 2002 until 2010. Robert Selander currently serves on the Board of Trustees of the Fidelity Equity and High Income Funds and as a director of The Western Union Company (NYSE: WU). Robert Selander holds a B.S. in Industrial Engineering from Cornell University and an M.B.A. from Harvard University. The board of directors believes that Robert Selander extensive business experience and his background as a president and chief executive officer of a publicly traded company qualify him to serve on our board of directors.

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Acquiree Name 
Date 
Price 
Acquisition Name 
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acquirer

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date

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type

Acquisition
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PayEase acquired by Fintiv

PayEase acquired by Fintiv

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CorFire acquired by Fintiv

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type

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People

Founders
1
Michael A. Liberty
Michael A. Liberty

Michael A. Liberty

Mr. Liberty is the founder of Mozido, a global mobile payments platform provider that is in the process of unlocking financial freedom for roughly 2 billion people. Mozido’s secure, cloud-based technology delivers payments and mLoyalty solutions to companies in retail, financial services, consumer packaged goods and telecom that serve both banked and unbanked consumers via the mobile phone. The Austin, Texas based company recently announced a $70million funding round from a major Boston-based investment firm, the addition of Scott Sandlin, a 25-year veteran of Walmart as president, and the acquisition of mLoyaty leader StickyStreet. As a pioneer and visionary of mobile technology, Mr. Liberty made his first investment in mobile in 1997 in a company, which formed the basis for what would later become Mozido Inc. In 2007, Mozido® became the first company in the United States to launch a mobile wallet under the Trumpet Mobile brand. As a result of Mr. Liberty’s early vision, Mozido is recognized as a pioneer and global leader in cloud-based mobile financial services and commerce solutions. Mr. Liberty is the inventor of the mobile wallet patent for under and unbanked consumers as well as other inventions in the mobile transaction space and has over 40 patents either issued or pending in the United States and foreign countries. Prior to founding Mozido, Mr. Liberty had a long and distinguished career in a wide variety of industries including real estate, manufacturing, retail merchandising, hospitality, and telecommunications. Mr. Liberty is an active member and advisor of BENS (Business Executives for National Security), which for 30 years has served as the primary business channel through which senior business leaders contribute their expertise to help build a more secure nation. This includes working closely with the Department of Defense, Department of State, Treasury, Homeland Security and the CIA. In addition, BENS does work on behalf of all the combatant commands. This non-partisan group of business leaders looks forward to continuing to strengthen our country through best business practices. Mr. Liberty, who was nominated by President Ronald Reagan as one of the Outstanding Young Men of America in 1985, is an unwavering advocate for the socially and financially disenfranchised. As owner of American Housing Preservation Corporation, Mr. Liberty has been able to provide affordable housing to thousands of low income and elderly residents across America. The Liberty Family Foundation, based on the mission of “Enriching Lives Globally Through Servant Leadership,” has been able to give back to the community locally, nationally and throughout the world. Mr. Liberty is also a staunch supporter of the military and is the presenting sponsor for the 2014 Seal – Navy Special Warfare Family Foundation event and sits as co-chairman of the foundation.

current job

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organization founded

3

Michael A. Liberty

Employee Profiles
96

Jaemin Lim

Vice president - product development

Thilagam Selvaraj

Junior dba

Pat Downing

Chief information officer and chief technology officer

Alison Horace

Executive vice president marketing and communications

Ashwin Tandel

Solutions architect

Van Nguyen

Senior Software Architect

Garrison Smith

EVP & General Counsel

Robert Sindoni

Databases services

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