December 26, 2014 11:42 PM ET

Internet Software and Services

Company Overview of Mozido, LLC

Company Overview

Mozido, LLC operates a cloud-based mobile payments platform that provides mobile financial services, loyalty programs, and mobile offers for business and retail markets. The company offers a mobile money transfer solution that allows consumers to conveniently send money domestically and internationally to family and friends; a mobile airtime top-up solution for various mobile network operators worldwide; a bill pay solution that enables consumers to pay their bills right from their mobile phones for delivery to billers the same day or in one to four business days; and mobile loyalty programs and check authorization services in various retail locations in the United States. It also provides S...

1601 South Mopac Expressway

Two Barton Skyway

Suite 200

Austin, TX 78746

United States

Founded in 2004

Phone:

512-518-2200

Fax:

214-800-1865

Key Executives for Mozido, LLC

Executive Chairman
Founder and Chairman of Global Strategic Initiatives
Executive Vice President and Chief Operating Officer
Age: 49
Chief Executive Officer of Mozido Jamaica and the Caribbean
Executive Vice President and Chief Information Officer
Compensation as of Fiscal Year 2014.

Mozido, LLC Key Developments

Mozido Signs Global Commercial Agreement with MasterCard

Mozido announced it has signed a global commercial agreement with MasterCard. Mozido will integrate MasterCard payment and security products into Mozido's global ecosystem of mobile payment, marketing, and commerce services accessible from any type of mobile phone. This creates a powerful global mobile payments environment that will enhance adoption for merchants and consumers. Mozido is working to provide more affordable and secure mobile payment and commerce services, such as international remittance, person-to-person (P2P) payments, and person-to-merchant payments. Mozido services are especially focused on the 2.5 billion people in the world who have a mobile phone, but are without access to traditional banking services. Under the partnership, Mozido currently supports MasterCard credit, debit, and prepaid cards as mobile wallet funding sources. Mozido will integrate and promote the MasterCard integrated products suite as a part of Mozido's Mobile Transaction EcoSystem Architecture Framework (MoTEAF(TM)) so that all Mozido-built mobile payment and commerce solutions will include MasterPass(TM), HomeSend, MoneySend(TM), rePower(TM), and MasterCard security and commerce services.

Mozido Partners with Jamaica Cooperative Credit Union League to Bring Mobile Financial Services to the Nation's Underbanked

Mozido have partnered to create a mobile wallet, branded JCUES 'Jamaica Credit Unions E-payment Services', that extends financial services to Jamaica's underbanked population. Leveraging an infrastructure that already exists, the JCUES mobile wallet initiative is expected to flourish in Jamaica. Phase two of JCUES doubles the target market base in Jamaica, giving over two-million citizens the opportunity for full control over their finances, many for the first time ever. Mozido and JCCUL expect early adoption numbers of around 50,000 users by the end of this year, with exponential growth following the adoption curve over the next few years. The JCUES mobile wallet will enable consumers not only to pay for goods and services easily, but also to gain access to traditional transactions, such as bill and loan payments, remittances, deposits and withdrawals. The JCUES mobile wallet relies on Mozido's MoTEAF(R) technology, a proven and tested architecture, which will ensure a continued smooth roll out throughout the entire nation. Leveraging an infrastructure that already exists, the JCUES mobile wallet initiative is expected to flourish in Jamaica. Phase two of JCUES doubles the target market base in Jamaica, giving over two-million citizens the opportunity for full control over their finances, many for the first time ever. Mozido and JCCUL expect early adoption numbers of around 50,000 users by the end of this year, with exponential growth following the adoption curve over the next few years.

Mozido Inc. Appoints Robert Turner as Executive Chairman

Mozido Inc. has appointed Robert Turner as executive chairman. With 30 years of experience, Turner is currently chairman, co-founder and chief information officer at Turner Investments. In his new role at Mozido, Turner will provide guidance as it expands its global operations.

Similar Private Companies By Industry

Company Name Region
Green Linx Inc. United States
FindWhere, Inc. United States
GroupCast, L.L.C. United States
The OGaming Network United States
Merchant Metrix, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 18, 2014
PayEase, Inc.
Private Placement
October 10, 2014
--
Merger/Acquisition
March 4, 2014
StickyStreet Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Mozido, LLC, please visit www.mozido.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.