BOSTON, March 14, 2017 /PRNewswire/ -- On March 16 Steve LaBella, CEO of BillMo, LLC, a US-based company that provides a low cost money transfer and mobile wallet application, will speak as part of a distinguished panel of CEOs whose businesses are defined by the mobile technology-driven interconnectedness of the world. The panel, titled CEOs and The New World View, will discuss how mobile devices have fundamentally changed the payments industry and will debate how a new potential political movement is poised to change the way consumer finances move cross border. The panel will not only address the future of cross border commerce, but also how these changes will impact their businesses.
In addition, from a record-breaking field of nominees this year, BillMo, LLC, has been chosen as one of the finalist for PYMNT'S prestigious 2017 Innovator Awards in the Best Debit Innovation category. These awards are done in conjunction with the firm's Innovation Project® 2017. Getting to the final round involved weeks of deliberation by investors and payments industry experts and is described as the most exhaustive awards vetting process in the payments industry.
BillMo is pleased to be among those under consideration for the Best Debit Innovation award for their low cost money transfer and mobile wallet application. "Through our BillMo application, we've completely flipped the business model of a long static $600 billion industry and we're extremely proud of it," said LaBella. "It's rewarding to see our product recognized as a leading innovation – it's our vision come to life through years of hard work. But what's more rewarding is knowing we're bringing immense value to millions of people who need an easier, more cost effective way to transfer and use their money."
Dubbed the "Davos of Payments", the Innovation Project brings together the most senior executives and thought leaders in payments, commerce and retail each year for two days of closed door, off-the-record discussions held at Annenberg Hall on the campus of Harvard University in Cambridge, MA.* This year, this highly unique and high-powered forum will share their insights on where they're placing their bets as they look ahead to the next decade.
BillMo (short for Billetera Móvil) is a US based company that offers a low cost money transfer and mobile wallet application. The BillMo application allows US senders to send money to individuals in Mexico using just their Smartphone and debit card, while turning Smartphones into mobile wallets for Mexican beneficiaries for cash withdrawal, top up for any prepaid mobile phone, bill payment or retail purchases. The cost for the US sender to transfer money is 99¢ and it is always free to receive money. For more information, visit www.billmo.com.
BillMo is a trademark of BillMo, LLC.
* The Innovation Project® and PYMNTS.com® are not affiliated with Harvard University, nor is the Innovation Project® 2017 a Harvard University program or activity.
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SOURCE BillMo, LLC