Three Problems Movo’s Digital Cash Is Solving (That Traditional Banks Aren’t) w/ Eric Solis

<p><span style="font-weight: 400;">The term “disruption” doesn’t just get thrown around occasionally. “Disruption” gets thrown around</span> <em><span style="font-weight: 400;">incessantly —</span></em> <span style="font-weight: 400;">especially in tech, and, perhaps even more especially in</span> <em><span style= "font-weight: 400;">fintech</span></em><span style= "font-weight: 400;">.</span></p> <p><span style="font-weight: 400;">Let us introduce perhaps the one founder who is</span> <em><span style= "font-weight: 400;">not</span></em> <span style= "font-weight: 400;">actually trying to disrupt traditional banking.</span></p> <p><span style="font-weight: 400;">Meet</span> <a href= "https://www.linkedin.com/in/ericsolis/"><span style= "font-weight: 400;">Eric Solis</span></a><span style= "font-weight: 400;">, a 3-time fintech founder, former SVP of investments for Merrill Lynch, former VP of Investments for Prudential Securities, a full stack entrepreneur with educational credits in bitcoin, AI, and business from MIT, Oxford, and Stanford.</span></p> <p><span style="font-weight: 400;">Eric came on the Payments Innovation podcast to share about his latest creation —</span> <a href= "https://www.linkedin.com/company/movocash-inc-/"><span style= "font-weight: 400;">MovoCash</span></a><span style= "font-weight: 400;">, and how he’s using it to solve problems for the underbanked, without disrupting traditional banking.</span></p> <p><span style="font-weight: 400;">What we talked about:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">What is MovoCash</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Eric says they solve 3 problems traditional banks couldn’t:</span></li> <li style="list-style: none; display: inline"> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">1) Guaranteed payment</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">2) Getting money off the ledger </span></li> <li style="font-weight: 400;"><span style="fo